VAT War: FIRS’ Exclusive List Push Suffers Setback at NASS
Strong Indications have emerged that the attempt by the Federal Inland Revenue Service to have the exclusive powers to collect…
SERAP Asks Lawan, Gbajabiamila to Reject Buhari’s Fresh Request To Borrow $4bn, €710m
Socio-Economic Rights and Accountability Project (SERAP) has urged the Senate President Dr Ahmad Lawan, and Speaker of House of Representatives…
IMF Advised Diversification As Nigeria Spends 60% Of Revenues In Debt Service
IMF Managing Director, Kristalina Georgieva The International Monetary Fund (IMF) says that Nigeria and other sub-Saharan countries need to…
FG, States, FCT Owed N35.5trn June 2021
With President Muhammadu Buhari’s fresh request to borrow additional $4.054bn and €710m external loans, Debt Management Office (DMO) disclosed on…
Buhari, Kagame, Osinbajo call for inclusive financial system
President Muhammadu Buhari, his Rwandan counterpart, Paul Kagame and Vice President Yemi Osinbajo yesterday, made a strong case for a…
Ogun State Joins VAT ‘War’, Bill Passes Second Reading
A bill for a law to impose and charge Value Added Tax (VAT) on certain goods and services, provide for…
PDP Raises Alarm Over Buhari’s Demand for Fresh Loans of $4bn, $710m
The Peoples Democratic Party (PDP) has raised alarm over the fresh demand of President Muhammadu Buhari to the National Assembly…
VAT Judgement: FIRS May Lose N92bn Revenue to States
Mrs. Zainab Ahmed, Minister of Finance, Budget and National Planning If the judgment of the Federal High Court asking states…
Investors Lose N177bn as Stocks Extend Decline
The market capitalisation of equities listed on the Nigerian Exchange Limited plunged by N176.64bn last week as the All-Share index…
Debt servicing: Nigeria Pays $1.79bn to World Bank, China in Five Years
Nigeria spent $1.79bn in five years on servicing the debts owed to World Bank and the Exim Bank of China,…