Andersen Faults FIRS On N1.8trn Tax Liability On Multichoice         Tax and business advisory firm, Andersen, has questioned how the Federal Inland Revenue Service (FIRS), arrived at the N1.8 trillion tax bill it slammed on MultiChoice Nigeria, warning that it could harm the reputation of both...

BoI’s Assets hit N1.8trn       Bank of Industry’s (BoI’s) total assets grew to N1.86 trillion during the 2020 financial year, despite the negative impacts of the COVID-19 pandemic on global economies. BoI’s Chairman, Aliyu Dikko, who made this known at its 61st Annual General Meeting , in...

Commercial Banks’ Loan To FG Hits N1.8trn       The total commercial loans to the government, at all levels, rose to N1.77 trillion at the close of last year, about 18 per cent increase from the N1.5 trillion reported in December 2019. This comes as the total outstanding...

COVID-19: Financial Institution'll Fund N1.8trn Stimulus Package – FG       The Federal Government on Thursday said about N1.8tn of its N2.3tn COVID-19 economic stimulus package would be funded by financial institutions. It also disclosed that about N288bn from the N500bn of the package funded through the 2021...

Nigerian Insurance Industry’s Asset Rises To N1.8trn       The Nigerian insurance industry’s assets rose from N1.61tn at the end of the 2019 financial year to N1.8tn in June 2020. The Central Bank of Nigeria disclosed this in a report, titled ‘Insurance sector (general and life) consolidated balance...

MDAs Remitted N1.8trn In Twelve Years – FRC       The Acting Chairman of the Fiscal Responsibility Commission, Victor Muruako, has said more than N1.8tn has been remitted into the Consolidated Revenue Fund in the last 12 years as operating surplus by Ministries, Departments and Agencies. He said...