Buhari Orders Review Of FG’s Payrolls To Cut Costs
The federal government has initiated a raft of measures to cut the cost of governance in the face of dwindling revenue occasioned by the headwinds of the COVID-19 pandemic and the attendant global economic tailspin.
Minister of...
Dangote Cement To Pay N40bn Tax In Q1, 2021
Dangote Cement Plc is expected to pay N40.39 billion in taxation to the nation’s treasury from its operational result in the first quarter of 2021, the company said yesterday.
In a statement, the cement manufacturer cited its...
NIPC Grants Tax Relief To 17 Firms
The Nigeria Investment Promotion Commission (NIPC) has granted Pioneer Status Incentive (PSI) to 17 companies with a total capital investment of N99.45 billion in the first quarter of 2021.
NIPC’s Head of Incentives Administration Division, Uchenna Okonkwo, who stated...
Nigeria Received $8.4bn Investment Announcement Inflows In Q1, 2021
Nigeria received about $8.4b investment announcement inflows in quarter one (Q1) 2021, Executive Secretary of the Nigerian Investment Promotion Commission (NIPC) Yewande Sadiku has said.
Sadiku disclosed this during a media briefing with journalists on the highlight...
Customs command Increases Q1 Revenue Collection To N7.97bn
The Kirikiri Lighter Terminal Command of the Nigeria Customs Service has said its revenue collection rose by 36.8 per cent to N7.97bn in the first quarter of this year.
The Comptroller of the command, Mr Hammi Swomen, disclosed...
Fed Govt Offers May Savings Bonds For Subscription
The Federal Government has, through the Debt Management Office, opened the May savings bond offer to investors.
The DMO announced on Monday on its website the two-year and three-year savings bonds offer for subscription.
According to the debt office,...
