Category: Business
Udoma clarifies position on probable increase in VAT
The Minister of Budget and National Planning, Mr. Udoma Udo Udoma, has clarified his position on the reported anticipated increase on the Value Added Tax (VAT) saying...
Breaking: NSE suspends trading in Diamond Bank shares
Trading in the shares of Diamond Bank Plc has been placed on full suspension following the court sanction of the Scheme of Merger with Access Bank Plc. The Nigeria Stock...
Naira closes at N360.13 to dollar
The Naira on Tuesday exchanged at N360.13 to the dollar at the investors window as market turnover stood at 277.11 million dollars. At the parallel market in Lagos, the...
Udoma to Senate: FG fiscal strategy targets growth-enhancing sectors
Budget and National Planning Minister, Senator Udoma Udo Udoma on Thursday told the Senate Committee on Finance that some slight adjustments had been effected on the...
BMO hails ‘Buharinomics’ for falling inflation
The Buhari Media Organisation has hailed the President for effective management of the economy which it said had brought down inflation According to it, Reports by the...
We are not selling LITFC, we only want to concession it –BPE
Following the demonstration by stakeholders in the markets inside the Lagos International Trade Fair Complex (LITFC) and its temporary shutdown for parts of Monday March...
FIRS apologises to Tax Appeal Tribunal for late process filing
The Federal Inland Revenue Service (FIRS) on Tuesday apologised to the Tax Appeal Tribunal sitting in Abuja for the delay in serving processes on an appellant, Mr Joseph...
Dollar near two-week low before Fed meeting
The dollar was on the defensive on Tuesday, weighed by growing expectations the Federal Reserve would adopt a more accommodative policy outlook this week and concerns...
BMO hails Buhari’s foresight as non-oil exports rise by 15%
The 15 percent rise in foreign exchange earnings from non-oil export is a vindication of President Muhammadu Buhari’s foresight in diversifying the Nigerian economy....
FIRS arraigns companies, three others over tax evasion, assault on revenue staff
The Federal Inland Revenue Service (FIRS) on Monday arraigned Fortless Global Concept Limited and Everyday Wine Shop and their representatives at the Federal High Court,...
