By our reporter/ Lagos state governor, Babajide Sanwo-Olu, on Friday signed into law the bill seeking to empower the state to collect value-added tax (VAT). The commissioner for information and…
Read More Sanwo-Olu signs bill on VAT collection into law
By our reporter/ The court of appeal in Abuja on Friday ordered both Rivers and Lagos States to maintain status quo over the collection of value-added tax (VAT), pending the…
Read More VAT dispute: Appeal court orders all parties to revert to status quo
The Lagos State Government on Friday applied to be joined as a co-respondent in the appeal filed by the Federal Inland Revenue Service (FIRS) against the judgement of the Rivers…
Read More Lagos applies to join appeal filed by FIRS over VAT dispute
The Nigerian naira depreciated to its lowest level in 48 years, trading between N540 and N545 to a US dollar in Lagos on Thursday. According to parallel market and bureau…
Read More Naira hits all-time-low, trades at 545/$ in parallel market
By our reporter/ Vice President Yemi Osinbajo on Wednesday said there is a potential income gain of about $450 billion from the African Continental Free Trade Area (AfCFTA). Osinbajo who…
Read More AfCFTA could boost Africa’s income by $450bn, says Osinbajo