Tax Now Highest Revenue Source To Federation – FG
The Federal Government has tasked tax professionals with putting more effort to increase tax collection, emphasising that this is now the federation's largest source of income.
This was revealed by Accountant-General of the Federation, Oluwatoyin Madein on Tuesday during the 26th Annual Tax Conference of the Chartered Institute of Taxation of Nigeria in Abuja, which had as its theme: Sustainable Tax Culture and Economic Roadmap for Nation Building.
The government pointed out that based on the current high revenue from taxes, members...
FG plans fresh cash transfer scheme for 75 million Nigerians
The Federal Government on Tuesday said it had reinstated the suspended social investment programme, disclosing the scheme would provide direct payments to 75 million...
IHS trains youths in SMEs management
IHS Nigeria has completed its training programme for over 25 young individuals in the Yaba Local Government area, as part of its ‘IHS Project...
CBN Orders Registration of 1.9 million POS Operators
According to information obtained by GTN, Point of Sale companies have been given a two-month deadline by the Federal Government's Corporate Affairs Commission to...
EFCC Halts Dollar Transactions, asks Embassies To Charge in Naira
The Economic and Financial Crimes Commission has read the Riot Act to foreign missions based in Nigeria, banning them from transacting in foreign currencies,...
Marketers enthusiastic over Dangote’s N1,000/litre diesel price.
The Dangote Petroleum Refinery has given consideration to the demands of oil marketers concerning the decrease in the cost of diesel, also known as...
Bank Directors Support CBN’s Selling of Surplus Currency.
Bank Directors Association of Nigeria says it is supportive of a directive by the Central Bank of Nigeria asking commercial banks to stop “hoarding’’...
Breaking: Nigeria reaches N87.91 trillion in debt — DMO
Nigeria’s total public debt rose marginally by 0.61 per cent quarter-on-quarter to N87.91trn in the third quarter of 2023.
This is according to new debt...
Nigeria’s inflation rate drops 14% by 2029, IMF predicts
Nigeria’s inflation rate is predicted to stabilize at 14 per cent in 2029, indicating a potential end to the current upward trend according to...
Exports of Raw Materials fell by N285 Billion as a Result of the Government,...
The decline in Nigeria’s raw material exports by N285 billion on a year-on-year basis can be attributed to the government’s neglect of the productive...