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...

Seme Customs Impound N410m Worth Of Contraband       The Seme Command of the Nigeria Customs Service said it has impounded contraband worth over N409.9 million smuggled in between January and June 2021. The Command’s Public Relations Officer, Hussaini Abdullahi, disclosed this yesterday in a statement showcasing the...

36 Firms Delisted From Stock Market In Five Years       A total of 36 companies have delisted from the Nigerian stock market between May 2016 and May 2021, even as five more are currently undergoing delisting process. The latest data collated from Nigerian Exchange Limited showed that...

'Nigerian Govt’s Reliance On CBN Financing Worrisome'       The Nigerian government’s reliance on the Central Bank of Nigeria for the financing of budget deficits is certainly worrying, a London-based economic research firm has said. Capital Economics, in its ‘Africa Economics Focus’ released on Monday, said the government...

In Six Years, Buhari Regime Has Borrowed $2.02bn From China       The Buhari’s administration has borrowed $2.02bn as loans from China from 2015, data obtained from the Debt Management Office on Monday showed. According to the statistics obtained from the DMO, Nigeria’s total debt from China as...

Investments In FG’s Treasury Bills Weaken, Sales Fall 19% To N1.35trn       Investors’ interest in the Federal Government’s monetary instrument, the Nigeria Treasury Bill (NTB) has recorded a significant decline with 19 per cent, year-on-year, YoY, decline in sales to N1.35 trillion in the first five...