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Tax harmonisation: FIRS signs MoU with LIRS for joint tax operations and audit

By Editor February 7, 2023 116 0

The Federal Inland Revenue Service (FIRS) yesterday signed a Memorandum of Understanding (MoU) with the Lagos Internal Revenue Service (LIRS) where the two tax authorities would collaborate on joint tax audit, investigation and automatic exchange of information. The MoU signing ceremony which took place at the State House, Marina, Lagos State, Monday was executed by […]Continue Reading

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Nigeria, India partner to curb fake passports

By Editor February 6, 2023 183 0

The Federal Government has expressed its readiness to partner with the Indian Government on total eradication of fake Nigerian passports into India. The Minister of Interior, Mr Rauf Aregbesola said this in a statement issued by the Deputy Director of Press and Public Relations in the ministry, Mr Afonja Ajibola, on Sunday in Abuja. According […]Continue Reading

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Kaduna Refinery: NNPCL, Daewoo construction coy sign $740m contract for quick repair

By Editor February 3, 2023 210 0

The Nigerian National Petroleum Company Limited (NNPCL) and Daewoo Engineering Construction Nigeria Limited have signed a maintenance service contract for the quick-fix repairs of the Kaduna Refining and Petrochemical Company Limited (KRPC). Group Chief Executive Officer, NNPCL, Malam Mele Kyari and CEO of Daewoo E&C Nigeria, Mr Jung Taewon, signed the contract on Continue Reading

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Public service recognition a morale booster for us, FIRS

By Editor February 1, 2023 146 0

By Daniel Adaji The Executive Chairman of the Federal Inland Revenue Service, Muhammad Nami, has stated that his recognition by the LEADERSHIP Awards as the Newspaper’s Public Service Person of the Year 2022 is a morale booster for the Service to do more.    Mr. Nami stated this while speaking to journalists after receiving the […]Continue Reading

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Cashless system helps in tracking election financing — Osinbajo

By Editor January 31, 2023 138 2

Vice President Yemi Osinbajo says a cashless policy, when effectively operated in Nigeria, can help stem the surge of illicit election financing by making it possible to track funds. Osinbajo’s spokesman, Laolu Akande, in a statement on Monday in Abuja, said the vice president received a delegation of the EU Election Observation Mission led by […]Continue Reading

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New Naira notes scarcity: Businesses shutdown in Kogi communities

By Editor January 26, 2023 162 2

By Daniel Adaji Anthony Esther, a resident in Okpo, Olamaboro Local Government Area of Kogi State, has lamented the non-availability of the new Naira notes in her community and how several businesses have shut down not wanting to continue to transact in the old currency for fear that they might not be able to change […]Continue Reading

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Lekki deep sea port roars to life as President Buhari observes historic offloading from container ship

By Editor January 24, 2023 133 0

INAUGURATES RICE MILL; BESTAF LUBRICANT PLANT FIRST-OF-ITS-KIND IN WEST AFRICA CHINESE AMBASSADOR: LEKKI DEEP SEA PROOF INVESTMENT CLIMATE IN NIGERIA CAN BE TRUSTED By Daniel Adaji President Muhammadu Buhari on Monday officially inaugurated the Lekki Deep Sea Port located in Itoke village, Ibeju-Lekki, Lagos, observing the offloading from CMA CGM Mozart at the Quay. This Continue Reading

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FIRS breaks Its 2021 record, collects N10.1 trillion In 2022

By Editor January 23, 2023 171 0

By Daniel Adaji The Federal Inland Revenue Service (FIRS) has announced that it collected over N10 trillion in tax revenue in the year 2022, the highest tax collection ever recorded in its history.   The Service made this known in its “FIRS 2022 Performance Update,” report signed by its Executive Chairman, Mr. Muhammad Nami, and […]Continue Reading

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Nigeria will not be left behind in technology – Osinbajo

By Editor January 17, 2023 130 0

VP headlines Interswitch 20th anniversary event in Lagos *Says Africa is next frontier in innovations  With the rapid growth of innovation and technology recorded over the years globally, there are even more exciting new frontiers to be explored and harnessed by Nigeria’s talented and enterprising young entrepreneurs. This was the view of Vice President Yemi […]Continue Reading

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Nigeria faces rice scarcity in 2023, but…

By Editor January 11, 2023 189 0

By Daniel Adaji Key Points Floods ravaged rice-producing belts in Nigeria in 2022 Historically, there is always rice scarcity after every flood in Nigeria Prices of locally-produced rice will increase in 2023 due to scarcity Rice farmers have not received support from government to enable them recover from the losses An institute in Niger State […]Continue Reading

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Weapons industry booms as Eastern Europe arms Ukraine

By Editor November 25, 2022 142 0

By Michael Kahn, Anna Koper and Robert Muller Key points E.Europe arms companies step up production for Ukraine Hope to find new markets as defence spends rise Can produce and service Soviet-era and NATO-standard weaponry Poland, Czechs among big suppliers of military aid to Kyiv Industry’s history stretches from 1800s and through Cold War Eastern […]Continue Reading

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Dangote Sugar Refinery (DSR) Plc is significantly scaling up-Dangote

By Editor November 24, 2022 163 0

President of the Dangote Group, Alhaji, Aliko Dangote, has announced that the Dangote Sugar Refinery (DSR) Plc is significantly scaling up its investment in the sugar sub-sector in line with the requirement of the Nigeria Sugar Master plan (NSMP). Speaking at the Flag off Ceremony of the 2022/2023 Crushing Season and Outgrower Scheme Awards in […]Continue Reading