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Sunday, August 25, 2019

NDIC Recruits New Examiners to Monitor Banks

In its effort to have a firm hold on the banking industry, the Nigeria Deposit Insurance Corporation (NDIC) has released a fresh set of...

FIRS boss tasks tax officials on MDGs, Vision 2020 goals

Encouraged by the support of government toward its activities and the remarkable tax revenues raked into government’s coffers in past years, the Executive Chairman...

I’m not a ‘tax collector’, says Omoigui Okauru

She is the nation’s Chief Tax Collector.But Executive Chairman Federal Inland Revenue Service, FIRS, Mrs. Ifueko Omoigui Okauru stunned the audience in Abuja yesterday...

CBN Extends Deadline on Update of Bank Accounts

The Central Bank of Nigeria (CBN) has extended the deadline it gave customers of banks to update their information with the financial institutions from...

New Year Bonus: How a Billion Dollar Was Shared to States Before Primaries of...

In what could be considered as Manna from Heaven, the Economic Confidential magazine gathered how a total sum of $1 billion was shared from...

More Agitations against Multiple Taxation as Tax revenue hits N2tr

The Chairman of Federal Inland Revenue Service (FIRS), Ifueko Omoigui Okauru has disclosed that multiple taxation are inimical to economic development, just as the...

FAAC: How They Shared N502bn in December 2010

The Economic Confidential magazine provides here the distribution of a total sum of N502 billion being the Statutory and VAT allocations shared to all...

CBN INITIATIVES HELPING TO ADDRESS INFRASTRUCTURAL GAP, President Jonathan

President Goodluck Jonathan has again given kudos to the initiatives of the Central Bank of Nigeria (CBN), aimed at addressing the infrastructural gap in...

Court jails chartered accountant over N7.3 million tax fraud, forgery

• remands 3 Skye Bank staff for diverting The Guardian tax cheques• Accountant forged FIRS’ signatureFor conniving, with three staff of Skye Bank Nigeria Plc, to...

Federation Account: How States Shared N490bn in November 2010

FAAC: How States Shared N490bn in November 2010The Economic Confidential magazine provides here the distribution of a total sum of N490 billion being the...

Joint Tax Board Communique of November 29, 2010

Communiqué issued at the end of the 123rd  Meeting of the Joint Tax Board held from 29th  November to 1st  December, 2010 at the...

CCTV Cameras for 2011 Elections

The Independent National Electoral Commission (INEC) is billed to install Closed-Circuit Television (CCTV) cameras in critical polling units to deter rigging and criminal activities...

American Legislators Commends CBN’s Banking Reforms

At the Rayburn House Office Building, Capitol Hill, in Washington D.C. the crucial role that Nigeria’s economy plays in Africa and the global economy,...

FIRS Tasks Tax Payers on their rights for better services

Taxpayers have been advised to come together, form associations and pressure groups to address common issues, press for their rights and channel their demands...

AMCON Board Authorises Purchase of Non-performing Loans

The Board of the Asset Management Corporation of Nigeria (AMCON) concluded its first board meeting today in Abuja, during which it reiterated its mission...

Rich and Poor States: How States Shared N1 trillion Between January to June 2010

The 36 states in Nigeria have shared a total sum of One trillion between January and June 2010 from the national treasury. In a...

NASS Confirms AMCON Members as CBN withdraws Class A Bureau De Change Licences

… As CBN Withdraws Class A Bureau De Change LicencesAt the National Assembly, the Senate has confirmed the appointment of the Board of the...

FAAC: How They share N521bn in October 2010

FAAC: How they Shared N521bn in October 2010The Economic Confidential magazine provides here the distribution of a total sum of N521 billion being the...

CBN Bags Award in USA, Grants Provisional New Licences To 121 MFBS

The Governor, Central Bank of Nigeria, Mallam Sanusi Lamido Sanusi, has been named as the Central Bank Governor of the Year in the Sub-Saharan...

Nigeria Tasks Commonwealth Citizens On Taxes

The Nigeria’s President Goodluck Jonathan has tasked citizens of commonwealth countries including Nigerians to pay their taxes so as to have morale justification to...