Business

NERC Affirms Pricing Biggest Challenge for Power Sector 

NERC Affirms Pricing Biggest Challenge for Power Sector 

In an interview with local print media, Punch, the Commissioner Legal, Licensing, & Compliance at the Nigerian Electricity Regulatory Commission…
CBN approves new cheque standard for banks

CBN approves new cheque standard for banks

The Central Bank of Nigeria (CBN) has approved a new cheque standard that will introduce new digit on the Magnetic…
Julius Berger to Diversify to Agro-processing

Julius Berger to Diversify to Agro-processing

The management of construction giant- Julius Berger Nigeria, announced on Thursday to diversify to agro processing businessThis was sequel to…
Travel restrictions: Fed Govt adopts reciprocal visa processing strategy

Travel restrictions: Fed Govt adopts reciprocal visa processing strategy

The federal government has commenced visa processing on a reciprocity basis for applicants from countries that have reopened their international…
AIB releases interim report on Lagos helicopter crash

AIB releases interim report on Lagos helicopter crash

  The Bell 206-B3 helicopter with registration marks 5N-BW, which crashed in the Ikeja area of Lagos state on August…
Osinbajo Justifies Plan To Privatize refineries

Osinbajo Justifies Plan To Privatize refineries

The Vice President, Prof. Yemi Osinbajo, on Monday, said the problems associated with Nigeria’s refineries would persist if the Federal…
TAX Appeal Tribunal Rules That Rent is Not Subject to VAT

TAX Appeal Tribunal Rules That Rent is Not Subject to VAT

The Tax Appeal Tribunal (TAT or the Tribunal), on 10 September 2020, in the case between Essay Holdings Limited (Essay…
Buhari orders CBN to suspend forex for food, fertilizer importation

Buhari orders CBN to suspend forex for food, fertilizer importation

President Muhammadu Buhari on Thursday ordered the Central Bank of Nigeria (CBN) ”not to issue a kobo” of the country’s…
Nigeria’s revenue falls by nearly 60%, says Buhari

Nigeria’s revenue falls by nearly 60%, says Buhari

President Muhammadu Buhari on Monday said the COVID-19 pandemic has resulted in trying times, not just for the Nigerian people,…
Tax revenue key to funding operations of govt at all Levels — FIRS

Tax revenue key to funding operations of govt at all Levels — FIRS

COVID-19 pandemic has impacted negatively on the Government’s revenue sources. In June 2020, the Federation Accounts Allocation Committee (FAAC) shared…
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