Senate to FIRS: Suspend N17trn Tax Waivers   The Senate through its Committee on Finance on Monday frowned at the N17tn loss incurred by the country on tax waivers within the last five years. It consequently urged the Federal Inland Revenue Service (FIRS) to suspend the tax...

N47bn Debt: CBN, Aso Villa, DHQ Face Disconnection   No fewer than 86 ministries, agencies and departments of government are owing the Abuja Electricity Distribution Company to the tune of N47bn. According to a public notice by the management of the AEDC, the Presidential Villa owes the...

Equity Market Gains N329bn As Rally Extends The Nigerian exchange has gained N329bn as it has managed to maintain its positive trading trend for the second consecutive day. The All-Share Index and the market capitalisation rose by 0.58 per cent to close at 104,100 points and...

$6.2m Fraud: FG Seeks INTERPOL Support to Nab Alleged Perpetrators The special investigator appointed by President Bola Tinubu has requested the Interpol National Central Bureau to place a Central Bank of Nigeria (CBN) staff member and two others on its Red Notice. This follows the discovery...

Tax: Wike Urged To Rethink 5% Tax For Private Schools Parents are urging the Minister of the Federal Capital Territory (FCT), Nyesom Wike to cease his plans to impose a five per cent tax on private schools operating within the territory. Wike recently approved the implementation...

Utomi: CBN ‘missteps’ Contributed To Naira Depreciation According to Pat Utomi, a political economist, ‘missteps’ made by the Central Bank of Nigeria (CBN) contributed to the incessant fall of the naira. Utomi stated this in an interview on Channels Television’s Sunrise Daily on Friday. Recall that the...