I’ve never met Benjamin Joseph, my blackmailer – Ekeh, Zinox boss
Chairman, Zinox Group, Leo Stan Ekeh has cautioned contemporary African entrepreneurs to guard against a rising wave of corporate blackmail, even as he disclosed that he has never met one…
Dwindling revenue: Senate to reduce 6trn proposed import duties waiver by 50%
September 14, 2022 The Senate will reduce the import duties waivers proposed for the N19.76trillion 2023 budget with attendant deficit of N12.4trillion. The Chairman, Senate Committee on Finance, Sen. Solomon…
We’ve renewed operational licenses of 85% of petroleum stations in Adamawa – NMDPRA
August 15, 2022 The Adamawa office of the Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) said it renewed the operation licences of about 85 per cent of existing 530…
Elections: INEC, ICPC to prosecute candidates with forged academic credentials
The Independent National Electoral Commission (INEC) says it will collaborate with the Independent Corrupt Practices Commission (ICPC) to prosecute candidates of political parties that submit forged academic credentials. The INEC…
NCC, FIRS Inaugurate Joint Committee to Boost Revenues in Telecoms Sector
May 12, 2022 The Nigerian Communications Commission (NCC) and the Federal Inland Revenue Service (FIRS) have set up a Joint Committee of senior and management staff of the two agencies…
Alleged MTN N2.6trn tax evasion: Reps summons Trade, Investment Ministry officials
April 27, 2022 The House of Representatives has summoned officials of the Ministry of Trade and Investment over allegedN2.6 trillion capital allowances granted MTN. Rep. Oluwole Oke, the Chairman, House…
Alleged $38m fraud: Court gives EFCC a nod to investigate oil company, others
April 7, 2022 A Federal High Court in Abuja, has dismissed a suit by oil and gas services firm, Marine Assets and Offshore Equipment Limited, to stop its investigation by…
Global OEMs, Overseas-based Distributors evade VAT: Nigerian tech startups seek Ministry, FIRS intervention
February 18, 2022 Nigerian tech startups are complaining of increasingly being frustrated by global Original Equipment Manufacturers (OEMs) who connive with some overseas-based distributors to ship their products into Nigeria…
FIRS introduces self-service stations in tax offices
Feb. 11, 2022 The Federal Inland Revenue Service (FIRS) has introduced “Self-Service Stations” in its offices across the nation. The stations will enable taxpayers file tax returns, pay taxes, apply…
FG introduces excise duty on non-alcoholic beverages
Jan. 5, 2022 The minister of Finance, Budget and National Planning, Mrs Zainab Ahmed says the federal government has introduced excise duty of N10 per litre on all non-alcoholic, carbonated…