Finance & Economy
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Buhari Orders MDAs, Others to Grant Access to FIRS for Tax Collection
President Muhammadu Buhari has mandated ministries, departments, agencies and business enterprises to grant access to the Federal Inland Revenue Service…
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FIRSTBANK DEEPENS FINANCIAL INCLUSION WITH LARGEST AGENT BANKING NETWORK, EMPOWERS SMES
At present, there are over 86,000 banking agents across 772 out of the 774 local government areas in Nigeria, a…
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FIRS hits 98% of target as it collects N4.95 trillion for 2020 fiscal YEAR
The Federal Inland Revenue Service (FIRS) has announced that it generated N4,952,243,711,728.37 as tax revenue in the 2020 fiscal year.This…
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Nigeria’s inflation rate hits 15.75% in December 2020, highest in 3 years
Nigeria’s inflation rate increased by 15.75% (year-on-year) in December 2020, the highest rate recorded in 3 years. According to the…
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Understanding Private Equity and Alternative Investments
Although there are a variety of options for raising capital and attracting investors, equity is one of the two…
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FIRSTBANK BEGINS THE YEAR WITH AN INNOVATIVE, CONVENIENT VIRTUAL PAYMENT CARD
First of Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider has launched the Virtual Payment card, a Naira…
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Q4 2020 – Growth Expectations Remain Gloomy for Nigerian Economy
Report Summary The Macroeconomy Growth expectations for the Nigeria economy remains gloomy.Headline inflation inched up further, on the back of…
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FIRS creates tax audit units to address illicit financial flow
The Federal Inland Revenue Service (FIRS) has created 35 additional Tax Audit Units across the country to address illicit financial…
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FG To Borrow Unclaimed Dividends, Dormant Accts Balances
Despite opposition from stakeholders, the federal government has perfected ways to borrow funds from unclaimed dividends and dormant bank account…
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FCMB appoints Yemisi Edun as Acting Managing Director
FCMB has appointed Yemisi Edun as acting Managing Director, replacing embattled Adam Nuru. The Management and Board of First City…
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