Taiwo Oyedele, the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms in Nigeria, has said that most of those who pay taxes in…
Browsing: Business
All the latest business news in Nigeria
Two Milan prosecutors were sentenced to eight months in prison by an Italian court on Tuesday for neglecting to submit documents that could have supported energy…
Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo, has begun discussions with the Brazilian Ambassador to Nigeria, Carlos Garcete, to activate the Bilateral Air Service…
After obtaining all necessary regulatory approvals, Guinness Nigeria Plc has confirmed the completion of the sale of Diageo’s shareholding in Guinness Nigeria to Tolaram, effective Monday,…
Nigeria will receive a total of $1.57 billion from the World Bank to enhance human capital by improving health services for women, children, and adolescents. The…
The Federation Allocation Accounts Committee (FAAC) has deducted a total of N622.75 million over 15 months to repay loans disbursed to farmers under the Central Bank…
The Nigeria Extractive Industries Transparency Initiative (NEITI) audited the petroleum industry and revealed that oil companies owe the Nigerian government about $6.175bn in royalties and taxes.…
The Central Bank of Nigeria has increased the Monetary Policy Rate (MPR) to 27.25% from 26.75%, marking a 50 basis point rise. Olayemi Cardoso, the CBN…
Oil marketers have guaranteed Nigerians that Premium Motor Spirit (PMS) or petrol prices will decrease once they begin directly obtaining products from the Dangote Refinery. This…
Nigeria’s external reserves reached a 22-month high of $37.31 billion, indicating a significant increase in foreign inflows into the country’s economy. According to the Central Bank…