Oil Firms Pay N138bn Petroleum Tax In June
Four International Oil Companies (IOCs) operating four crude export terminals and a gas feedstock paid N138.749 billion to the Federal Inland Revenue Service (FIRS) as Petroleum Profit Tax, Company Income Tax and...
RMAFC Commences Review Of Public Office Holders’ Salaries
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has begun consultation with stakeholders with a view to reviewing public office holders pay.
As such, the agency said it would engage critical stakeholders to...
Nigeria, China Trade Volume Now N11trn
The Foreign Affairs Minister, Mr Godfrey Onyema, on Friday, disclosed that the trade volume between Nigeria and the Peoples’ Republic of China now stands at $25 billion, about N10.91 trillion.
Speaking at the official handover...
British Airways Resumes After Cancelled Flights Over Terror Alert
British Airways has resumed its London-Abuja flight after cancelling the flight for two days due to the security alerts on terrorism issued by the United States and United Kingdom governments.
The United...
Senate Probes AGF Malami’s Ministry Over N2.2bn Expenditure
The Senate Public Account Committee has started investigating the N2.2bn unaccounted expenditure allegedly collected by the Federal Ministry of Justice, between 2017 and 2021 from the Service Wide Votes.
The committee is currently...
Oil Earnings Crashed By N288bn In Q3, 2022
Nigeria’s oil earnings have gone southward amid rising crude thefts among other factors.
Nigeria’s earnings from crude oil crashed by N287.95bn in the third quarter of 2022 as a result of the incessant...