FG to Stop Customs, 62 other MDAs from Collecting Revenues
The Presidential Committee on Tax Policy and Fiscal Reforms says the Nigeria Customs Service and 62 other Ministries, Departments and Agencies (MDAs) of the Federal Government will stop direct collection of revenue.
This was disclosed by...
Nigeria’s Cinemas Generate N482m Revenue In July - CEAN Chairman
The Cinema Exhibitors Association of Nigeria (CEAN) says it generated N482m as revenue across all cinemas in Nigeria in July.
The CEAN National Chairman, Mr Opeyemi Ajayi , made this known in a recent interview in...
IMF's 3.2% Economic Growth Projection Not Enough For Nigeria - CBN
The Central Bank of Nigeria (CBN) has stated that the 3.2 per cent growth projection by the International Monetary Fund (IMF) is not enough considering the poverty rate which is currently standing at 31...
Banks Offer Telcos N120bn Debt Repayment Plan
Telecommunication firms are considering a repayment plan proposed by Deposit Money Banks to end the N120bn debt on the Unstructured Supplementary Service Data service.
A source said the Central Bank of Nigeria (CBN) was intervening in the dispute, and...
'Nigeria Loses N20trn To Tax Underpayment'
Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Mr. Taiwo Oyedele, has said tax gap in Nigeria hovers around N20 trillion.
He, however, pledged the total commitment of the committee to bring about comprehensive and harmonised tax...
Floods Caused $7bn Economic Damage In 2022 – Shettima
The Federal Government has said the financial worth of direct economic damage in Nigeria caused by floods in 2022 is $7bn.
On Tuesday, the government also said over 600 lives were lost as a result of the...
