Category: Government
The Central Bank of Nigeria (CBN) has injected 210 million dollars into the various segments of the market to sustain its intervention in the Inter-Bank Foreign Exchange Market. Mr Isaac Okorafor, CBN Director, Corporate Communications, ...
The Kaduna State Government on Monday said it was collaborating with the Federal Government and the World Bank to establish a world-class Ginger Hub in Kachia Local Government Area of the state. Malam Dahiru Abdullahi, ...
Facebook intentionally breached data privacy and competition law and should, along with other big tech companies, be subjected to a new regulator to protect democracy and citizens’ rights, British lawmakers said on Monday. In a ...
New Zealand said on Monday that it plans to update its laws so it can tax revenue earned by multinational digital firms such as Google, Facebook and Amazon, extending a global effort to bring global ...
The Lilypond Container Terminal Customs Command in Lagos generated N3.03 billion as revenue in January 2019, against N1.90 billion generated in the corresponding period of 2018. The Customs Area Controller, Comptroller Lami Wushishi, made this ...
Global auditing firm, KPMG, has berated the Federal Inland Revenue Service for freezing bank accounts of suspected tax defaulters. KPMG said giving fiats to banks to freeze the accounts contravene the Companies Income Tax Act. ...
There is no gainsaying the fact that small and medium scale enterprises (SMEs) represent the fulcrum for the economic development of any nation. This is because SMEs are the “engine of growth and catalyst for ...
Mr Alex Okoh, the Director-General, Bureau of Public Enterprises (BPE) says the Terminal ‘B’ Warri Old Port was concessioned for a period of 25 years at an annual lease fee of 1.62 million dollars. Okoh ...
The Nigerian National Petroleum Corporation (NNPC) says the development of the Assa North/Ohaji South Fields (ANOH) with its Joint Venture partners will help boost domestic gas supply to the national gas grid. The Corporation said ...
The Central Bank of Nigeria (CBN) said that the National Collateral Registry would increase lending by financial institutions to Medium, Small and Micro Enterprises to over N1.23 trillion. The CBN Governor, Mr Godwin Emefiele said ...
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