Our reporter/ Nigerian governors have agreed to support the Federal Government’s tax reform bills. The governors are, however, proposing a new sharing formula for value-added tax (VAT). The decision followed…
Read More Govs propose new VAT-sharing formula, okay tax reform Bill
A total sum of ₦1.424 trillion, being December 2024 Federation Accounts Revenue, has been shared among the Federal Government, States and Local Government Councils. The revenue was shared at the…
Read More FG, states, LGAs share ₦1.424tn FAAC revenue in December 2024
Our reporter/ A Federal High Court sitting in Lagos on Friday reserved till a later date its ruling on a move by General Hydrocarbons Limited (GHL) seeking to vacate the…
Read More First Bank opposes GHL move to vacate freezing order
Our reporter/ Ninety percent of expatriates doing jobs meant for Nigerians lack proper work permits, minister of interior, Olubunmi Tunji-Ojo has said. The minister made the disclosure on Wednesday when…
Read More 90% of expatriates doing jobs meant for Nigerians lack proper work permits – Tunji-Ojo
The Organisation of the Petroleum Exporting Countries (OPEC) says the production of petroleum products by the Dangote Petroleum Refinery has reduced the importation of refined products from Europe. In its…
Read More Petrol production at Dangote refinery affecting European market – OPEC