Agents Predict 15% Rise in Car Import Over Tax Removal Licensed Customs agents have said that the removal of the import adjustment tax by President Bola Tinubu would boost car importation by 15 per cent. According to the founder of the National Council of Managing Directors...

Marketers Call for Suspension of VAT on Diesel Oil marketers have called on the Federal Government to suspend the Value Added Tax on diesel, as it would further increase the burden on Nigerians. The Chairman of the Major Oil Marketers Association of Nigeria, and Chief Executive...

Nigerian Oil Firms, Others Ranked Worst Offenders, Abandon UN 2060 Zero Emission Race Nigerian oil and gas firms, including top international oil companies, have been ranked among some of the worst offenders in the implementation of the 2015 Paris climate deal, multinational nonprofit platform, CDP...

Forex Inflows Rises to $2.55bn in Two Months - Report  The total inflows into the Investors and Exporters Window rose to $2.55bn in the months of May and June, according to data obtained from the FMDQ. The data indicated that total inflows into the 1&E window...

Nigerians to Receive Naira for Diaspora Remittances - CBN The CBN has given directive in a circular no TED/FEM/PUB/FPC/001/004 to all Deposit Money Banks, International Money Transfer Operators, and the general public titled ‘Payout option in naira for receipt of proceeds of diaspora remittances’ signed...

Senate Investigates Development Bank Loan Disbursement of N483 billion The Senate has revisited an alleged uneven disbursement of intervention loans to the tune of N483bn by the Development Bank of Nigeria shared among the six geopolitical zones in the country. The Senate in a bid to...