By Seun Ibiyemi Nigeria’s Federal Inland Revenue Service, FIRS, announced that it has extended the due date for submission of Companies’ Income Tax for the 2023 year of Assessment. The FIRS disclosed this in a statement on Monday afternoon stating…
By Seun Ibiyemi The Chartered Institute of Bankers of Nigeria (CIBN) says it is introducing human capital development fund to retrain, build capacity and help young professionals in the banking and finance industry to grow their career. The President/Chairman of…
The African Development Bank (AfDB) has urged the diversification of Nigeria’s export, revenue bases and trade facilitation capacity to boost revenue generation potential. The AfDB President, Dr Akinwumi Adesina, said this at the second edition of the Nigeria Employers’ Summit…
MTN Group has stated that it is renewing its focus to increase its investments in Nigeria’s local content. The telecommu nications giant declared this commitment when the Group President and CEO of MTN, Ralph Mupita, alongside board members and leadership…
By Seun Ibiyemi The Nigerian Exchange Limited (NGX) has removed Wema Bank Plc and Custodian Investment Plc from the NGX 30 following the outcome of the 2022 market index review. This was contained in the statement released by the NGX…
By Ibiyemi Mathew The Centre for the Promotion of Private Enterprise (CPPE) has kicked against the planned move by the Federal Inland Revenue Service (FIRS) to tax the informal sector. The Federal Inland Revenue Service (FIRS) had earlier revealed plans…
By Seun Ibiyemi The Central Bank of Nigeria (CBN) drew down Nigeria’s foreign reserves and expended $17.81billion to defend the nation’s weak currency, at the foreign exchange (forex) markets in 2022. According to the apex bank in its Annual CBN…
No fewer than 180 students in Enugu State were on Thursday trained on financial discipline and savings by the Nigeria Deposit Insurance Corporation (NDIC). The students, who were drawn from three schools namely; Metropolitan Girls, Urban Girls and City Girls Secondary…
By Seun Ibiyemi The Federal Competition and Consumer Protection Commission (FCCPC) has barred PoS operators in Nigeria from implementing the recently announced increase in charges for PoS transactions. The Commission in a statement released on Wednesday and signed by its…
By Seun Ibiyemi The Federal Government says it intends to recoup over N553 billion unremitted taxes from international petroleum shipping companies operating in Nigeria. The Director, International Tax, Federal Inland Revenue Service (FIRS), Mr Abdullahi Aliyu, said that recouping the…
