FIRS begins new tax assessment regime for big firms
The Federal Inland Revenue Service (FIRS) has launched a new assessment regime to determine the tax ranges companies before they…
Elumelu Takes Gospel of Africapitalism to The Caribbean
The Chairman of the United Bank for Africa (UBA) Mr. Tony Elumelu has taken his gospel of Africapitalism to the…
Banks cut borrowing from CBN by 46% to N1.3trn
In apparent reflection of the improved liquidity in the interbank money market, banks’ borrowing from the Central Bank of Nigeria…
CBN Introduces e-Valuator and e-Invoicing for Import and Export in Nigeria
The Central Bank of Nigeria (CBN) has announced that from February 1, 2022, suppliers and buyers of goods/services for import…
FIRS generates N6.4trn revenue in 2021, surpasses target
The Federal Inland Revenue Service (FIRS) has raked N6.4 trillion as revenue in 2021, the highest in its history. The…
Reps ask CBN to suspend planned implementation of e-invoice policy
The House of Representatives has asked the Central Bank of Nigeria (CBN) to suspend the planned implementation of an electronic…
IMF Warns Nigeria, Others Over Unstable Loan Markets
The International Monetary Fund has advised Nigeria and other developing economies with large foreign currency borrowings and external financing need…
LCCI, CABC seek to strengthen Nigeria-China economic ties
The Lagos Chamber of Commerce and Industry (LCCI), on Wednesday, signed a Memorandum of Understanding (MoU) with the China Africa…
IMF advises Nigeria, other developing economies to prepare for unstable loan markets
The International Monetary Fund (IMF) has advised Nigeria and other developing economies with large foreign currency borrowings and external financing…
DMO lists $4bn Eurobond on FMDQ Securities Exchange
The Debt Management Office (DMO) has listed the $4bn borrowed through Eurobond in September 2021 on the FMDQ Securities Exchange.…