Only 40m Out of 200m Nigerians Pay Tax – RMAFC   Chairman, Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Mohammed Bello Shehu, has revealed that only 40 million out of over 200 million Nigerians currently pay taxes to the nation’s coffers. Speaking with...

Investors Gain N213bn As Equity Market Rebounds   The Nigerian Exchange Limited (NGX) on Tuesday halted seven days of bearish trading to close the market with a gain of N213bn for investors. Both the All-Share Index and the Market capitalisation rose by...

Reps To Probe N15.5trn Pension Assets   The House of Representatives is set to investigate the status of N15.5 trillion pension assets being regulated by the National Pension Commission (PenCom). It will also probe the status of the N10trn loaned to the...

'Over N10trn Spent On Refineries'   The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele has said that the National Assembly has spent over N10 trillion on the country’s refineries and yet they do not work. Oyedele, who...

Senate Panel To Tinubu: Present Supplementary Budget For CNG Project   The Senate Committee on Gas has urged the executive arm of government to present a 2023 supplementary budget to the National Assembly to kick-start the Compressed Natural Gas (CNG) project. The...

CISLAC Urges Immediate Government Action to Address Disturbing Findings in NEITI Audit Report   The Civil Society Legislative Advocacy Centre (CISLAC) is urgently calling for immediate government action in response to the troubling revelations brought to light by the NEITI 2021...