The National Bureau of Statistics, NBS says capital importation rose sharply, quarter-on-quarter (QoQ) by 97 per cent to $1.73b in the third quarter of 2021 from...
Investors on the Nigerian Stock Exchange are to pay a Capital Gains Tax of 10% on the sale of shares according to provisions of the signed...
Nigerian organised private sector has frowned at the newly introduced excise duty of N10/litre on non-alcoholic, carbonated and sweetened beverages, saying it would have an adverse...
As part of efforts to address its revenue challenge, the Nigerian government has decided to charge a 6% tax on the turnover of e-commerce businesses provided...
The Federal Government of Nigeria has said there is no going back on plans to remove subsidies from petrol this year. The Minister of Finance, Budget...
The Federal Internal Revenue Service (FIRS) collected around N6.4 trillion in taxes in 2021, the agency Chief Executive, Muhammad Nami, revealed in Abuja on Wednesday. Speaking...
The Central Bank of Nigeria and others financial services regulators would invest N1.54 trillion over five years to increase liquidity in the financial services sector. The...
The Naira depreciated sharply against the US Dollar at the official Investors and Exporters (I&E) forex window on Thursday, losing 4.82% of its value to close...
President Muhammadu Buhari has directed the Presidential Artisanal Gold Mining Development Initiative (PAGMI) to further ensure probity and best practices in the mining sector as the...
Titan Trust Bank Limited, one of the newest lenders in Nigeria, has concluded plans to acquire Union Bank of Nigeria Plc, one of the country’s oldest...
