News
-
FIRS Nigeria: Understanding the Tax Treatment of Foreign Exchange Transactions
The Federal Inland Revenue Service Nigeria (FIRS) has issued a circular to provide information and guidance to the public, taxpayers,…
Read More » -
Court remands Osun Medical Doctor Shakiru In Prison For Allegedly R*ping Teenage Job Seeker
A Chief Magistrate’s Court sitting in Osogbo, capital of Osun State has ordered the remand of a practising medical doctor…
Read More » -
Wale Edun: There are impediments to direct FAAC payments to LGAs
Wale Edun, the minister of finance, says there are “practical impediments” to the implementation of direct payment of allocation to…
Read More » -
Oando Plc Announces the Approval of the Acquisition of 100% Shares of Nigerian Agip Oil Company
Oando Plc, Nigeria’s Indigenous energy solutions provider listed on both the Nigerian Exchange Limited and Johannesburg Stock Exchange, is pleased…
Read More » -
CBN MPC Raises MPR to 26.25%, As Inflation Jitters Persist
The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) has raised its monetary policy rate (MPR) for the fourth…
Read More » -
NACCIMA, others kick as CBN hikes interest rate to 26.75%
The Central Bank of Nigeria, CBN yesterday intensified its efforts to curb rising inflation as it announced further hike in its…
Read More » -
British American Tobacco’s Paid $110m Fine, FCCPC Discloses
The acting Executive Vice Chairman (EVC), Federal Competition and Consumer Protection Commission (FCCPC), Dr. Adamu Abdullahi, has confirmed that the…
Read More » -
CIBN writes Senate, warns against windfall tax
Plans by the Federal Government to impose taxes on foreign exchange (FX) gains on banks may deter foreign investors and…
Read More » -
Reps Ask NERC, DISCOs to revert to old tariff
The House of Representatives has asked the Nigerian Electricity Regulatory Commission (NERC) and Electricity Distribution Companies (DISCOs) to revert to…
Read More » -
Investors Lost N68.49bn as NGXASI Declined by 0.12%; BDC Rate Appreciated to N1,583/USD
1. EQUITIES MARKET 1.1 NGX – Listed Equities Bearish sentiments prevailed again on the Nigerian bourse at the close of Wednesday’s…
Read More »