Category: Economy
The Nigeria Extractive Industries Transparency Initiative (NEITI), said in Abuja on Thursday that the Federal, States, Local Governments and other statutory recipients by the Federation Accounts and Allocation Committee (FAAC), shared N8.15 trillion in 2019. ...
The African Development Bank (AfDB) has clarified the debts incured by Africa. SEE ALSO: https://www.businesstimesng.com/gigm-past-glory-commuters-lament/ AfDB made this known in a statement by its Communication and External Relations Department on Thursday. It explained that the World ...
The Federal Inland Revenue Service (FIRS) says non-discretionary tax waiver grants, illicit financial flows abroad and high overhead costs are responsible for not meeting revenue targets in recent times. SEE ALSO: https://www.businesstimesng.com/vat-exemption-basic-goods-boost-economy/ The service made this ...
Nigeria’s central bank has enough firepower to stave off a devaluation of the naira until at least next year, even as one of the world’s most stable currencies comes under pressure with oil prices tumbling ...
Nigeria ranks low as an e-commerce nation, with average revenue per user (ARPU) going towards consumers sitting at around $44 a month, according to a report by Hootsuit. READ ALSO: https://www.businesstimesng.com/financial-expert-collapsed-business-cit/ The country lags behind South ...
The safety and privacy of children while surfing the internet got a boost in Nigeria this week, when Google announced the launch of a $1 million grant to organizations in Africa that engage in ensuring ...
Gov. Bello Matawalle of Zamfara has pledged to start full implementation of the state’s 2020 budget immediately. SEE ALSO: The governor gave the assurance in Gusau on Wednesday shortly after assenting to the 2020 appropriation ...
The Federal Inland Revenue Service (FIRS) has inaugurated a National Intelligence Gathering System to gather data and track tax evaders and defaulters across the country. SEE ALSO: https://www.businesstimesng.com/japan-afdb-announce-3-5bn-to-support-africas-private-sector-development/ The FIRS Director, Communications and Liaison Department, Mr ...
African Export-Import Bank (Afreximbank) says it expects trade and investment deals totaling more than 40 billion dollars from over 1,100 exhibitors at the second Intra-African Trade Fair (IATF2020) scheduled for Kigali. SEE ALSO:https://www.businesstimesng.com/wp-admin/post.php?post=486415&action=edit A statement ...
Some experts on Tuesday said the exemption of some basic consumption items from Value Added Tax (VAT) would boost local production and reduce economic hardship. SEE ALSO: GIGM On Past Glory: Commuters Lament Over Poor Service, ...
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