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 $4bn, €710m loan
By our reporter/ Lagos state governor, Babajide Sanwo-Olu, on Friday signed into law the bill seeking to empower the state to collect value-added tax (VAT). The commissioner for information and…
Read More Sanwo-Olu signs bill on VAT collection into law
By our reporter/ The court of appeal in Abuja on Friday ordered both Rivers and Lagos States to maintain status quo over the collection of value-added tax (VAT), pending the…
Read More VAT dispute: Appeal court orders all parties to revert to status quo
The Lagos State Government on Friday applied to be joined as a co-respondent in the appeal filed by the Federal Inland Revenue Service (FIRS) against the judgement of the Rivers…
Read More Lagos applies to join appeal filed by FIRS over VAT dispute
The Nigerian naira depreciated to its lowest level in 48 years, trading between N540 and N545 to a US dollar in Lagos on Thursday. According to parallel market and bureau…
Read More Naira hits all-time-low, trades at 545/$ in parallel market