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...

Bogoro: Pillar of The People, by Elemdi Akowe       Whenever the life and times of the people of Bogoro comes up for historical review, there is every indication that Professor Suleiman Elias Bogoro will stand out. The latest such indication comes from the people themselves as...

Despite CBN’s Defence Measures, Naira Tumbles By 51.95%       The value of the naira to the dollar fell from 196.99 in December 2015 to 410 in April 2021, reflecting a 51.95 per cent decline despite the various foreign exchange policies introduced by the Central Bank of...

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...

Nigerian Crudes Struggle For Buyers As India Cuts Purchases – Report       Nigerian crude variants are now seeking other buyers in Asia and Europe as India’s COVID-19 situation remains shrouded in uncertainty amid stringent regional lockdowns and weak domestic consumption. S&P Global Platts reported that most Nigerian...

Forex Scarcity: Airlines Worried As Operational Cost Rises       There is no end in sight to the operational challenges confronting domestic airlines following the seemingly unending naira depreciation and scarcity of foreign exchange. With one dollar exchanging for N502 at the parallel market as at yesterday, operators...