Despite COVID-19, Africa Records $80bn Diaspora Remittances
Diaspora remittances to Africa as a whole have increased to over $80 billion despite the COVID-19 impact on economies worldwide, and against the backdrop of a fall in remittances worldwide.
However, remittances to Nigeria dropped by 27.7 percent in...
Cutting Governance Cost’ll Not Solve Revenue Problems - Akabueze
The Director General of the Budget Office of the Federation, Ben Akabueze, on Tuesday said cutting budget allocations to Federal Government agencies would not have a significant impact on Nigeria’s revenue.
Akabueze said this in Abuja at...
Tax defaulters to pay 50% of disputed amount into court account before hearing
Tax defaulters who plan to institute legal cases against the Federal Inland Revenue Service (FIRS) now have to pay 50% of the assessed amount in dispute into an interest-yielding account of the...
NSITF Chiefs Appear In Senate Today Over Alleged N61.1bn Diversion
The management of the Nigeria Social Insurance Trust Fund is expected to appear before the Senate Public Accounts Committee today (Tuesday) to answer more questions on the query issued to it by the Auditor General...
2020 Finance Act Improving Tax Collection – CITN
Newly elected president of the Chartered Institute of Taxation of Nigeria (CITN), Mr. Adesina Adedayo, has lauded the federal government for implementing the tax reforms which he said were recommended by past Study and Working Groups of...
W/Bank Okays $3bn For Vaccines In Africa, Others
The World Bank has announced that it has approved $3bn in funding to cover vaccination in 32 countries, 15 of which are in Africa.
In a statement issued in advance of the G7 Leaders’ Summit, World Bank Group...
