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PDP governors raise alarm over ‘frivolous borrowings’

▪︎ Govt source: opposition governors that got from $2.1b budget support are insincerePeoples Democratic Party (PDP) governors on Monday hinged the country’s worsening debt...

Mr. President, sir, your stats on taking 10.5 million out of poverty are…not true, says BusinessDay report

Nigeria’s President Muhammadu Buhari, during his Democracy Day speech on Saturday, claimed that his administration has successfully lifted 10.5 million Nigerians out of poverty...

Tax defaulters to pay 50% of disputed amount into court account before hearing

Tax defaulters who plan to institute legal cases against the Federal Inland Revenue Service (FIRS) now have to pay 50% of the assessed amount...

FIRS deploys online portal to check fake tax certificates

ReleaseBy Dr Abdullahi Ismaila Ahmad, Director, Communications and Liaison, Federal Inland Revenue ServiceAs part of measures to check the activities of fraudsters who specialise...

Standard Chartered to arrange $14.4b loans for Nigeria rail projects

Nigeria’s government is in talks with Standard Chartered Plc about arranging funding for two rail projects expected to cost as much as $14.4 billion,...

We do not grant tax waivers to local, foreign investors, says FIRS boss

The Executive Chairman, Federal Inland Revenue Service (FIRS), Muhammad Nami, has told the House of Representatives that the Service did not grant any tax...

Ibadan-Lagos-Kano-Maradi rail line to open up landlocked Niger Republic, boost trade, says Buhari

Inauguration of Lagos - Ibadan commercial operations, another milestone in Nigeria's railway revival, says President BuhariReleaseBy  Femi Adesina, Special Adviser to the President (Media...

Buhari gets Made-in-Nigeria smart phone

A 4G smart phone made by Indigenous smartphone makers, ITF Mobile, has been presented to President Muhammadu Buhari in AbujaIt was presented to the...

7th June Is Effective Date For Filing Naira Denominated Tax Returns Through Online “TaxPro-Max”

For ease of taxation, the Federal Inland Revenue Service (FIRS) has introduced online Tax Administration Solution (TaxPro-Max), a public notice from the service has...

Nigeria to produce smartphones for African continent – Pantami

By Emmanuel Mogbede (NAN)Dr Isa Pantami, Minister of Communications and Digital Economy, says Nigeria has the capacity to produce SIM cards and Smart phones...

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