Category: Business

Joint Tax Board begins transition, unveils new brand identity

The Joint Tax Board has begun its transition ahead of implementing Nigeria’s new tax laws,...

FIRS, French agency sign MoU to boost tax efficiency

The Federal Inland Revenue Service has entered into a memorandum of understanding with France’s Directorate...

FG begins repayment of N4tn GenCos debt with N590bn bond

The Federal Government has commenced repayment of the N4tn owed to Power Generation Companies with...

China ready to fast-track zero-tariff access for Nigerian exports

The announcement was made by the Chinese ambassador in Abuja, Yu Dunhai, who stated that...

Reps summons NNPC CEO over 2021 audit queries

The House of Representatives Public Accounts Committee on Monday ordered NNPC Limited’s Group Chief Executive...

FG bans cash payments to MDAs, orders digitalisation

The Federal Government has unveiled a new digitisation initiative that will overhaul treasury operations, eliminate...

External reserves surpass $45bn as Nigeria records major FX boost

Nigeria’s external reserves have surpassed $45 billion, according to new figures from the Central Bank...

Lagos cracks down on unapproved estate developments

The Lagos State Government has issued a final warning to estate developers operating without approved...

NEPZA requests 10-year tax relief for free-zone operators

The Nigeria Export Processing Zones Authority has urged the Federal Government to grant a 10-year...

CAC threatens shutdown of unregistered PoS operators from Jan 1

The Corporate Affairs Commission has announced that all unregistered Point of Sale operators will be...

Chevron confirms participation in Nigeria’s 2026 oil licensing round

Chevron announced on Friday that it will participate in Nigeria’s next oil licensing round and...

FG defends new tax reforms, says not additional burden

The federal government has defended the recently enacted tax laws, describing them not as additional...