The Central Bank of Nigeria (CBN) has warned commercial banks and other financial institutions to desist from dealing in crypto currencies as it is illegal. The apex bank stated this on Friday in a statement on its official website by…
The Nigeria Customs Service (NCS), Oyo/Osun Area Command, said it generated the sum of N4, 895,772,769 as revenue in the month of January. The NCS Area Comptroller, Adamu Abdulkadir, said this on Thursday in Ibadan. Abdulkadir, while briefing newsmen on…
The Nigeria Economic Summit Group (NESG) has advised the Federal Government to always consider its economic policy choices, before taking decision, in order to FastTrack economic growth, its recently launched 2021 Economic Outlook has said. The group stated that wrong…
By Ogaga Ariemu The Ministry of Communications and Digital Economy, Dr. Isa Pantami has outlined the benefits Nigerians stands to gain from the National Digital Innovation and Entrepreneurship Centre. The minister made this dislosure during the groundbreaking ceremony of the…
The National Bureau of Statistics (NBS) has begun the National Business Sample Survey (NBSS), a component of National Business Sample Census (NBSC). This was contained in a statement issued by Mr Sunday Ichedi, NBS’s Head, Public Affairs and International Relations…
The Nigeria Customs Service (NCS) has saidthe duty rate on cars and other vehicles will soon be reduced. Kathleen Ekekezie, Assistant Comptroller-General, Zonal Coordinator, Zone ‘A’ Headquarters, NCS, made the disclosure while receiving the executive members of the Lagos State…
Facebook on Wednesday announced the launch in Nigeria of Marketplace, a convenient destination where people can discover, buy and sell items from others in their local communities. Available in South Africa, Ethiopia and Kenya, Nigeria joins the growing list of…
The Fiscal Policy Reforms Committee has said it will take the opportunity to correct any perceived errors in the Finance Act 2020 if there is some fiscal enactment to adjust the 2021 Appropriation Act. Senior Special Assistant to the President…
Dangote Urea fertilizer plant set-up to boost food sufficiency in Nigeria by Africa’s leading conglomerate, Dangote Industries Limited, is set to commence full operation in the first quarter of 2021. According to recent information, the newly completed fertilizer complex is…
…N472.88bn from breweries, beverages By Kayode Tokede, Akinyemi Kehinde and Mercy Akindiya The federal government through the Federal Inland Revenue Service (FIRS) generated N881.02 billion from Company Income Tax (CIT) and Value Added Tax (VAT) from banks and other financial…
