Multiple Taxation: FIRS unveils technology for traders enumerate for VAT collection, remittances
The Federal Inland Revenue Service (FIRS) has unveiled the VAT DIRECT Initiative (VDI) designed to foster collaboration between the FIRS and...
Gross revenue increases as FAAC shares N786.161 bn to Federal, States, LGs in May
The Federation Account Allocation Committee (FAAC) has shared a total sum of N786.161 billion May 2023 Federation Account Revenue to...
NNPC insists on N1.3 trn refund, as Committee’s set to reconcile discrepancies in remittances to FAAC
The Nigerian National Petroleum Company (NNPC) Limited is insisting on collecting a refund of about N1.3 trillion from the Federation...
Planned 40% hike in Electricity tariffs reckless, insensitive, Labour cries out
Organised labour on Thursday rejected the planned electricity tariffs hike proposed to take effect from July 1, describing it treckless,...
Extractive Industry Reforms: NEITI proffers next steps post-petrol subsidy removal
The Federal Government must ensure the proceeds from the recent decision to remove subsidy on premium motor spirit (PMS), popularly...
Imminent Boards dissolution: Tension as scammers lay seige on Heads of govt. agencies, parastatals
Tension as Heads of management and Boards of Federal Government agencies and parastatals fret over rumoured impending dissolution by the...
IMF pledges support to Nigeria’s unified exchange rate regime
The International Monetary Fund (IMF) welcomes Nigeria's unified market-reflective exchange rate regime. The IMF Resident Representative in Nigeria, Ari Aisen,...
Nigeria, 56 other Implementing Member-countries adopt revised 2023 EITI Standard
Implementing member-countries of the global Extractive Industries Transparency Initiative (EITI) have adopted the revised 2023 EITI Standard with a renewed...
DSS arrests, quizzes suspended EFCC Chairman
Hours his suspension from office, his Deputy embattled former Chairman of the Economic and Financial Crimes Commission (EFCC), AbdulRasheed Bawa,...
More marketers to get fuel import licenses, as NNPC agrees to scale down control to 40%
More fuel marketers are to be issued licenses to import petroleum products, as the Nigerian National Petroleum Company Limited (NNPCL) has...
