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Business and Economy
NNPC Forecasts Over N300bn Profit in 2021
Few days after declaring a Profit After Tax (PAT) of N287 billion in its Audited Financial Statement (AFS) for 2020, the Nigerian National Petroleum...
BREAKING: Gov Sanwo-Olu Signs VAT Bill Into Law
The Lagos State Governor, Mr. Babajide Sanwo-Olu, has signed into law, the State VAT Bill that was passed by the House of Assembly, on...
Court Stops Rivers, Lagos From Collecting VAT
The Court of Appeal in Abuja has stopped the governments of Rivers and Lagos from collecting Value Added Taxes (VAT).In a ruling on Friday,...
36 States Sue FG Over Stamp Duty
The 36 state governments have sued the Federal Government over its alleged failure to remit funds generated from stamp duties into the state accounts.The...
NNPC Releases 2020 Audited Financial Statements
The Nigerian National Petroleum Corporation (NNPC) has published its Audited Financial Statements (AFS) for the year 2020.A statement by the Group General Manager, Public...
VAT: FIRS To Appeal Rivers Court Judgement
The Federal Inland Revenue Service (FIRS) on Wednesday said it has appealed the judgement of the Federal High Court in Rivers which held that...
Rivers Begins Enforcement of VAT Law
The Rivers State Government has commenced implementation of the state’s Valued Added Tax (VAT) Law.The state Governor, Nyesom Wike, stated this on Wednesday at...
How far can CBN sustain E-Naira?
By Adefolarin A. OlamilekanThe Central Bank Digital Currency (CBDC) digital e-naira comes on stream on October 1, 2021. With the benefit of hindsight the...
Nigeria’s Eurobonds debts rise by $9.37bn in five years
Commercial loans obtained by Nigeria through Eurobonds rose from $1.50bn as of December 31, 2015 to $10.87bn as of December 31, 2020, indicating a...
Total Nigeria Plc Gets New Boss
Total Nigeria Plc has announced the appointment of Dr Samba Seye as the Managing Director of the firm.His appointment takes effect from Wednesday, Sept....
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