NDIC Gives Assurance on Banking Reforms
… Appoints Debt Recovery AgentsThe Nigeria Deposit Insurance Corporation (NDIC) has again reiterated that the ongoing banking sector reforms would foster the emergence of...
States Can Survive on IGR- FIRS
After the recent announcement by Federal Inland Revenue Service (FIRS) that the president, vice president, governors and their deputies would have to pay tax...
Islamic Bank: Jaiz Commences Business in 3 Branches
The Nigeria's first licensed Islamic Bank, Jaiz Bank Plc has commenced full operation of non-interest commercial banking in Nigeria from three branches in Abuja,...
Emir Commends Banking Reforms … AsCBN Condoles People Of Kano Over Boko Haram Attacks
The Emir of Kano, His Highness, Alhaji Ado Bayero has expressed satisfaction over the performance of Central Bank Governor, Mallam Sanusi Lamido Sanusi since...
NDIC: Consolidating achievements, projecting brighter future
As global economic challenges continue to rage with serious impacts on the world financial system, a stable banking sector must be achieved to be...
Subsidy: Govt Grants Waiver for Oil Importing Companies– FIRS
The Federal Inland Revenue Service (FIRS) has disclosed that a federal government waiver exempted fuel importing companies from paying tax on petrol, diesel and...
Excess Crude: How They Share N143.6bn in December 2011
The Economic Confidential provides here the table of the distribution of N143.6bn from Foreign Excess Crude savings account being difference between the budgeted &...
Federation Account: How They Share N783bn in December 2011
The Economic Confidential magazine provides here the distribution of a total sum of 783 billion being the statutory and VAT allocations shared to all...
FIRS Advocates Taxation in Curriculum
Mrs. Ifueko Omoigui Okauru, the executive chairman, Federal Inland Revenue Service (FIRS) has appealed to the Federal Ministry of Education to fast track the...
NDIC Launches Special Help Desk for Microfinance Banks
NDIC LAUNCHES SPECIAL HELP DESK FOR MCROFINANCE BANKSThe Nigeria Deposit Insurance Corporation (NDIC) has established a Special Help Desk for depositors, employees, shareholders and...
Hoteliers Arrested Over Tax Evasion
The Federal Inland Revenue Services has arrested Chief Executive Officers (CEOs) of some hotels operating within the Federal Capital Territory for evading taxes....
The Ranking of Nigerian Banks by Shareholders Funds
The Economic Confidential has discovered that before the intervention of Central Bank of Nigeria (CBN) and Nigeria Deposit Insurance Corporation (NDIC) in the banking...
How Removal Of Fuel Subsidy Will Help The Economy
……FIRS says it didn’t disagree with FG on subsidy The attention of the Federal Inland Revenue Service has been drawn to news stories reported...
West Africa Tax Administrators to Collaborate on Data, tax Treaties
-----to partner with ECOWASAn inaugural meeting of Heads of West Africa Tax Administrators Forum (WATAF) ended on Monday 12, September with a resolve...
FAAC: The Sharing of N1 Trillion in September 2011
The Economic Confidential magazine provides here the distribution of a total sum of 1.0 trillion being the statutory and VAT allocations shared to all...
IRS: Again Tax agency revives Advocacy Campaign
The Federal Inland Revenue Service (FIRS) has revived it information machinery with regular media invitation and press releases issued on various positive development...
Top 100 Universities in Africa… Only 5 Nigerian Universities Listed
An international online Universities and Colleges ranking directory (www.4icu.org) has published its current top 100 Universities and Colleges in Africa. The top 10 on...
Nigeria Approves Inclusion Of Chinese Renminbi In External Reserves
The Central Bank of Nigeria (CBN) has finalized arrangements to diversify its external reserves holdings by including the Chinese Renminbi (RMB) to the existing...
FIRS Test 300 for Eyes Problems, Gives 158 Free Eye Glasses
As a way of fulfilling its Corporate Social Responsibility (CSR), the Federal Inland Revenue Service (FIRS) recently engaged youths, adults and parents in Igarra,...
Excess Crude Account: How They Share N16.4bn
The distribution of N 16.4bn from Domestic Excess Crude Naira Account being differential between budget and Actual at the meeting of federation Account allocation...
