Benue State Internal Revenue Service (BIRS) has sealed off the Federal University of Agriculture, Makurdi, over non-remittance of Personal Income Tax running into N2.3 billion. The Chairman of the board, Mrs. Mimi Adzape-Orubibi, who led the enforcement agent to the Read more
Kemi Adeosun, minister of finance, has said the economic template being used to foster the growth of Nigeria’s economy was copied from Lagos state. Making the admission on Tuesday at the colloquium organised to celebrate the 65th birthday of Bola Read more
The Central bank of Nigeria, CBN, on Monday directed all deposit money banks to immediately commence the sale of foreign exchange to their customers at not more than N360 to the dollar. The spokesperson of the CBN, Isaac Okarafor, said Read more
The Nigerian naira is currently at its best point since August 2016, while the nation’s foreign exchange reserves is at the highest point since the fourth quarter of 2015. The local currency on Thursday appreciated to 390 per dollar, while Read more
The evolutionary trend of Nigeria’s socio-political journey since Independence has shown a clear path for the permeation of corruption, from an alien concept to the statutory way of getting business done. Corruption has become the existential reality of the Read more
For the first time in seven months, the dollar fell below the psychological N400 barrier, when the greenback traded at N399 to the dollar in Lagos and exchanged at N395 in Abuja, lower than N410 at which it traded on Read more
Following the Central Bank of Nigeria’s (CBN) intervention in foreign exchange (forex), the Naira traded N400 to a dollar at the black market on Wednesday in Abuja. The Naira has also appreciated against the Pound Sterling and Euro rate as Read more
The Chairman, Federal Inland Revenue Service, FIRS, Mr Babatunde Fowler says the National Joint Tax Board will adopt the blueprint of the Kwara State Internal Revenue Service. Fowler disclosed this at the opening of the 137th Joint Tax Board meeting Read more
An underlying economic principle that is often lost in translation in public discourse on the operations of foreign exchange market in Nigeria is the dynamic relationship between demand, supply and price. The technical terms often used by economic and financial analysts in Read more