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Category: Economy

Business Economy

FIRS to commence nationwide monitoring on tax compliance

Iheanyi Ejiofor June 10, 2022 No Comments #FIRS #tax compliance

Visits to include MDAs, NGOs, other corporate bodies… The Federal Inland Revenue Service (FIRS) has stated that it would embark on a nationwide Value Added Tax (VAT) and Withholding Tax…

Read More FIRS to commence nationwide monitoring on tax compliance
Business Economy headline

Access Bank to acquire Kenya’s Sidian Bank for N15bn

Iheanyi Ejiofor June 8, 2022 No Comments #Access bank #Sidian Bank #Centum Investment

Access Bank Plc on Wednesday said it has entered into an agreement to acquire the entire 83.4 percent equity stake held by Centum Investment Plc, a Kenyan-based investment company, in…

Read More Access Bank to acquire Kenya’s Sidian Bank for N15bn
Business Economy headline

NCAA presents operating license to Nigeria Air

Iheanyi Ejiofor June 6, 2022 No Comments #NCAA #Nigeria Air #operating license

The Nigerian Civil Aviation Authority (NCAA) on Monday presented an Air Transport License (ATL) to the interim management of Nigeria Air. Nigeria Air is the country’s proposed national carrier, led…

Read More NCAA presents operating license to Nigeria Air
Business Economy

NNPC directed to implement ECOWAS-Morocco-Europe gas pipeline by FG

Iheanyi Ejiofor June 2, 2022 No Comments #ECOWAS-Morocco-Europe gas pipeline #NNPC

By our reporter| The Nigerian National Petroleum Corporation (NNPC) has been directed by the federal government to implement a deal on a gas pipeline to Europe through Morocco. Africa’s gas…

Read More NNPC directed to implement ECOWAS-Morocco-Europe gas pipeline by FG
Business Economy headline

IMF warns debt servicing may take all of Nigeria’s revenue by 2026

Iheanyi Ejiofor June 1, 2022 No Comments #IMF #debt servicing #Nigeria

Report| The International Monetary Fund (IMF) has warned that Nigeria may spend almost 100 percent of its earnings on debt serving by 2026. According to the bank, the country currently…

Read More IMF warns debt servicing may take all of Nigeria’s revenue by 2026

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