TETFund Seeks NASS Support Over 3% Education Tax Target   The Tertiary Education Trust Fund (TETFund) is seeking the support of the National Assembly (NASS) towards meeting its target of three percent education tax collection before the expiration of President Muhammadu...

N30,000 Minimum Wage: 15 States Fail To Implement Increase Three Years After Law   Three years after President Muhammadu Buhari signed the National Minimum Wage Act into law. Teachers in primary and secondary schools in 15 states are yet to enjoy...

Oil Prices Plunge To $95 On Prospect Of Iran’s Nuclear Deal   Oil prices plunged yesterday amid a considerable progression in restoring Iran’s 2015 nuclear deal with world powers. Brent crude futures, the global oil benchmark, fell $1.3 per cent to $95.31...

FIRS Demands N1trn Tax Remittance From MDAs   The Federal Inland Revenue Service (FIRS) has written ministries, departments and agencies (MDAs) to refund over N1 trillion in taxes they have failed to remit. A source at the FIRS told The Nation that...

Electricity Revenue Collection Increases To N761.17bn - NBS   The National Bureau of Statistics (NBS) yesterday said total electricity revenue collections increased to N761.17 billion in 2021. In its document entitled: “Nigeria Electricity Report 2021: Energy Billed, Revenue Generated and Customers by...

We Disbursed N100bn to Indigenous Drug Manufacturers to Boost Production - Buhari   The Federal Government has disbursed a total of N100 billion to indigenous pharmaceutical manufacturers and healthcare investors as loans to expand their capital base and boost local production...