Business

DPR Charges Lubricant Producers On Export

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

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

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

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

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

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

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

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

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

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…
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