Goods Coming Into Nigeria Must Have 30% Local Input – FG
The Federal Government has said that goods coming into the country must have 30 per cent local input. The government also stated that ECOWAS countries must respect rules of origin,…
McDonald’s boss, Steve Easterbrook fired after dating a subordinate
McDonald’s has fired its chief executive Steve Easterbrook after he had a relationship with an employee. The US fast food giant said the relationship was consensual, but Mr. Easterbrook had…
Buhari Urges Nigerian To Patronise Locally-Made Products
President Muhammadu Buhari on Friday declared the 2019 edition of the Lagos International Trade Fair open, reiterating that Nigerians should continue to patronise locally-made products and services to grow the…
Update: Lagos Launches E-Platform To Tackle Fraud In Real Estate Business
The Lagos State Government has on Wednesday launched a Real Estate Transaction portal to curb fraudulent acts in the real estate sector. The portal was launched with the aim of…
Rice Farmers Urge CBN To Reschedule Loan Repayment Plan
By Lukman Amusa Mr Stephen Maduwa the Adamawa state chairman of Rice Farmers Association of Nigeria (RIFAN), has appealed to Central Bank of Nigeria (CBN), to reschedule its loan repayment…
Just In: MTN Deactivates 0.6m Customers
MTN Nigeria Communications Plc (MTN Nigeria) has deactivated 0.6 million active subscribers under regulatory directive. It also reported an increase in its service revenue by 12.1 per cent to N854.9…
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…
