Business
DPR Charges Lubricant Producers On Export
July 22, 2020
DPR Charges Lubricant Producers On Export
The Department of Petroleum Resources (DPR) has urged local lubricant producers to look beyond the shores of Nigeria and target…
Senate Seeks Power Sector Reform Act Review, Urges MDAs To Clear Power Debts
July 22, 2020
Senate Seeks Power Sector Reform Act Review, Urges MDAs To Clear Power Debts
The Senate on Wednesday called for the review of the Power Sector Reform Act 2005 while urging the Ministries, Departments…
Customs Appoints 5 ACGs, Promotes 2,634 Officers
July 22, 2020
Customs Appoints 5 ACGs, Promotes 2,634 Officers
The Nigeria Customs Service (NCS) said its board has approved the appointment of five Assistant Comptrollers General of Customs (ACGs),…
Stamp Duty: Landlords, agents must collect, remit 6% on tenancy, lease agreements -FIRS
July 22, 2020
Stamp Duty: Landlords, agents must collect, remit 6% on tenancy, lease agreements -FIRS
The Federal Inland Revenue Service (FIRS) has enjoined landlords and property agents to ensure that they charge 6 per cent…
FIRS Clarifies Stamp Duty Rates, Others
July 21, 2020
FIRS Clarifies Stamp Duty Rates, Others
Following several requests by taxpayers seeking clarifications on the current administration of Stamp Duties Act in the country, the Federal…
AfDB Gets Positive Fitch Ratings, With Stable Outlook
July 21, 2020
AfDB Gets Positive Fitch Ratings, With Stable Outlook
Fitch Ratings, the global credit rating agency, has affirmed the African Development Bank’s (AfDB) Long-Term Issuer Default Rating (IDR) at…
2020 Revised Budget: FG Releases N995.7bn For Capital Projects
July 21, 2020
2020 Revised Budget: FG Releases N995.7bn For Capital Projects
The Federal Government said it has released N995.665 billion for capital expenditure, in the implementation of the 2020 revised budget.…
Dangote Cement Millionaire Promo Gets Endorsement
July 21, 2020
Dangote Cement Millionaire Promo Gets Endorsement
The newly-unveiled Dangote “Bag of Goodies 2” Consumer Promo has been described as a vital private sector intervention that would…
Lagos Police Hands Over Seized Substandard Shaving Sticks To SON
July 20, 2020
Lagos Police Hands Over Seized Substandard Shaving Sticks To SON
The collaboration between the Standards Organisation of Nigeria (SON) and the Nigeria Police Force yielded results when the Divisional Police…
MPC: CBN Retains MPR at 12.5%, Holds Other Policy Parameters Constant
July 20, 2020
MPC: CBN Retains MPR at 12.5%, Holds Other Policy Parameters Constant
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) Monday voted to retain the Monetary Policy Rate…