FIRS, First Bank Settle Out Of Court
Federal Inland Revenue Service (FIRS) and First Bank Plc have opted for out of court settlement in a N25 billion damages suit filed against them by an indigenous company, Biatemp…
Border Closure: Nigeria Imports 1.1m Tones Of Onion Annually
By Isa Aremu Despite the border clouser Nigeria still imports 1.1 million tones of onion every year for being the second largest onion producer in Africa after Egypt. The President,…
FIRS Makes N4 Trillion In Nine Months
By Olamilekan Alani The Federal Inland Revenue Service (FIRS) collected N4.012 trillion in three quarters (January-September), its Executive Chairman, Tunde Fowler, said on Thursday. He told the Senate Committee on…
Nigeria Loses N5.4tn Annually To Tax Evasion – Fowler
The Executive Chairman, Federal Inland Revenue Service, Mr. Tunde Fowler, on Wednesday said Nigeria loses about $15bn to tax evasion annually. The $15bn when converted based on the N358 to…
Davido denies impregnating another lady, threatens court action
By our correspondent Nigerian superstar, Davido has denied responsible for alleged pregnancy of an anonymous lady making the rounds on social media. A viral video on Tuesday emerged showing two…
Innoson Motors, Not Under FG’s Pressure For Relocation
Innoson Vehicle Manufacturing (IVM) said the company is not under any form of pressure from the federal government to relocate to either Lagos or Kaduna State. The company Head, Corporate…
Osinbajo Receives 2019 Compliance Report On Ease Of Doing Business
The Vice President, Yemi Osinbajo on Tuesday received the 2019 Compliance Report of the ‘Executive Order 001’ on the promotion of transparency and efficiency in the business environment. Spokesman to…
FG Considers Excise Duty On Soft Drinks
The Federal Government is considering introducing excise duties on carbonated drinks, according to the Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed. Ahmed gave the indication in an…
Nigerian Fish Farm Forum Debates Industry Growth
Organised by feed company Skretting, which has built mills in Nigeria, Egypt and Zambia, the AquaForum brought together government representatives and industry experts. The event, believed to be the first…
Minister Explains Reasons Nigeria Is Borrowing Another $3bn From World Bank —Ahmed
By Lukman Amusa The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed has said the $3bn loan being sought by the Federal Government from the World Bank would…
