In Two Years, AMCON Recovers N307bn Debt The Asset Management Corporation of Nigeria says it has recovered a total of N307 billion debts between 2020 and 2021. An inter-agency committee set up on the recovery of debts owed to the Asset Management Corporation of Nigeria led...

NASS Probes MDAs Over N600bn Illegal Spending   The House of Representatives Committee on Public Accounts has commenced a full-scale investigation of 115 ministries, departments and agencies of the Federal Government for spending over N600bn outside their approved budgets on salaries and allowances. Office of the Auditor...

UK Pledges £200m For Nigeria, Others To Fight Climate Change   The Foreign Secretary of the United Kingdom, James Cleverly, has said the UK will significantly step up its bid to help African countries fight climate change by supporting the African Development Bank’s Climate Action Window...

FIRS Remits Over N309bn Education Tax To TETFund   The Federal Inland Revenue Service (FIRS) has remitted over N309 billion from education taxation to the Tertiary Education Trust Fund (TETFund). The revenue generated by FIRS from across tertiary education institutions in the country between January and...

CITN Gets New Chair, Pushes for Revival of Tax-Paying Culture The new Chairman of the Chartered Institute of Taxation of Nigeria, Lagos District, Zaynab Abdulkareem, has called for the revival of tax-paying culture in Nigeria. She was sworn in as the 18th district chairman in Lagos...

NECA, Agents Criticise FG's Multiple Taxes Seaport clearing agents and the Nigeria Employers Consultative Association have criticized the Federal Government's rising taxes on businesses, saying the situation will negatively affect the country. Due to the newly introduced taxes on food and beverages by the government, they...