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Category: Economy

Business Economy

UBA’s Half-year Profit Grows By 33% to N76.2 Billion

Iheanyi Ejiofor September 14, 2021 No Comments #UBA plc #half year report #profit

  *Declares 20k per share interim dividend Africa’s leading financial institution, the United Bank for Africa (UBA) Plc has announced its audited half year financial results for the half year…

Read More UBA’s Half-year Profit Grows By 33% to N76.2 Billion
Business Economy headline

Buhari asks national assembly to approve fresh $4bn, €710m loan

Iheanyi Ejiofor September 14, 2021 No Comments #Buhari #loan #national assembly

President Muhammadu Buhari on Tuesday asked the national assembly to approve the sums, $4, 054,476,863 and €710 million in an addendum to the 2018-2020 borrowing plan. The president also asked…

Read More Buhari asks national assembly to approve fresh $4bn, €710m loan
Business Economy headline

Sanwo-Olu signs bill on VAT collection into law

Iheanyi Ejiofor September 10, 2021 No Comments Babajide Sanwo-Olu #Lagos state #VAT collection #Sign into law #Bill

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
Business Economy headline

VAT dispute: Appeal court orders all parties to revert to status quo

Iheanyi Ejiofor September 10, 2021 No Comments VAT dispute #Appeal court #status quo #Rivers state #Lagos state

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
Business Economy headline

Lagos applies to join appeal filed by FIRS over VAT dispute

Iheanyi Ejiofor September 10, 2021 No Comments #Lagos #VAT #dispute #FIRS #Rivers state #Court of Appeal

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

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