Business

The Federal Government has fully exempted 61 items from Value-Added Tax (VAT). The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, disclosed this in a …

There are indications that the supply of crude oil in naira by the Nigerian National Petroleum Company Limited to the Dangote Petroleum Refinery which should have started on October …

Nigeria is set to launch a groundbreaking rural electricity project next month, backed by a $750 million financing package from the World Bank. The project, dubbed the Distributed Renewable Energy …

The Central Bank of Nigeria (CBN) has announced the introduction of an electronic foreign exchange matching system (EFEMS) to curb forex speculation and instil transparency in the FX market. This …

The Federal Inland Revenue Service (FIRS) has disclosed that the newly gazetted Withholding Tax (WHT) regime will take effect from the 1st of January 2025. Consequently, FIRS disclosed that the …

Global leaders in residence and citizenship planning, Henley & Partners, is set to hold an investment migration roadshow in Lagos. According to a statement obtained by our correspondent on …

The African Development Bank plans to produce an additional 120 million tonnes of food by 2025. This announcement was made by the Director General of the AfDB Nigeria Country …

The Nigeria Customer Service Index has launched a survey platform for Nigerians to share their feedback on the quality of services and customer experiences from various service providers nationwide. …

The House of Representatives on Thursday approved President Bola Tinubu’s request for a refund of about N24bn to the Kebbi and Nasarawa state governments, for the takeover of two …

The Federal Inland Revenue Service has said that the current Withholding Tax regime will remain effective until December 31, 2024. This is according to a public notice informing taxpayers, …