FIRS Seeks Collaboration Among African Countries On Digital Tax   The Federal Inland Revenue Service (FIRS) has reached out to other African countries to collaborate with it to effectively tax digital businesses. Executive Chairman, FIRS, Muhammad Nami, made the call at a...

Bank Loans To Govt Rise To N16.32trn – CBN   The total net credit by the Nigerian banking sector to the government rose by N2.2trn in the first quarter ended March 2022 to N16.32tn. Figures obtained from the Central Bank of Nigeria’s...

Report Says Nigeria, 10 ECOWAS Countries In Debt Distress   A new report by the Nigerian Economic Summit Group and the Open Society Initiative for West Africa has disclosed that Nigeria and 10 other Economic Community of West African States countries...

CBN Moves To Deepen Payment System Via e-Naira   The Governor of the Central Bank of Nigeria, CBN, Mr Godwin Emefiele, has said central banks across Africa and other parts of the world are trying to study Nigeria’s eNaira project. Emefiele said...

NGX-listed Firms Remit N215.9bn Tax To FIRS, Others In Q1   As a result of their expansion in Nigeria and other African countries, the likes of Dangote Cement Plc, MTN Nigeria Communication, Seplat Energy Plc, Guaranty Trust Holding Company Plc (GTCO)...

Reps Kick As Kyari Keeps Mum On Oil Swap Deal   The Group Managing Director of the Nigerian National Petroleum Company Limited, Mele Kyari, on Tuesday, finally appeared before the House of Representatives’ Ad Hoc Committee on the State of Refineries...