Recover N17.69bn From Tax Evaders, Senate Tells FIRS
The Federal Inland Revenue Service confirmed that companies with untraceable addresses evaded taxes to the tune of N17.69bn, according to a report by the Office of the Auditor General of the Federation for 2015.
The Senate has consequently...
Unclaimed Dividends In Capital Market Now N170bn — SEC
Unclaimed dividends in the Nigerian capital market rose to N170 billion as at December, 2020, said the Securities and Exchange Commission (SEC).
The Director General (DG) of SEC, Mr Lamido Yuguda, stated this at the second post-Capital...
House Begins 2022-2024 MTEF Hearing, List 83 MDAs
The House of Representatives’ Committee on Finance will on Monday (today) begin an eight-day public hearing on the 2022-2024 Medium Time Expenditure Framework and Fiscal Strategy Paper.
To appear before the committee are heads and officials of Federal...
Fed Govt Earmarks N59bn For Rural Roads Development
The Minister of State for Budget and National Planning, Clem Agba, has disclosed that a total of N34 billion has been set aside by the federal government for the development of rural roads, with additional N17 billion...
Six Banks Earn N14.2bn From Account Maintenance Fee
A breakdown of the half year unaudited financial statements of six banks that have their result to the Nigerian Exchange Limited has shown that they realized N14.2 billion, up from the N9.8bn from account maintenance fee.
The amount...
Fed Govt Generates N864.71bn CIT In Six Months
The National Bureau of Statistics (NBS) yesterday said the Federal Government raked in a total of N864.7 billion Company Income Tax (CIT) in the first six months of 2021.
The Economic Confidential learnt from the “Company Income Tax...
