The Federal Inland Revenue Service (FIRS) says defaulting wealthy Nigerian taxpayers who have no Taxpayer Identification Numbers (TIN) have only a 30 days lien to do so. The agency also said other Nigerians and firms with a turnover of N100 million in their accounts, but not paying taxes have only a 30 days lien to […]
A High Court in London headed by Justice Andrew Burrows has granted Nigeria’s plea to allow it proceed with the trial of JPMorgan Chase. JPMorgan Chase The bank is alleged to have enabled the misappropriation of state funds totalling $875 million over the Oil Prospecting License, OPL 245. Mr Salihu Isah, Special Adviser on Media […]
Nigerian President Muhammadu Buhari’s hold on power faces a strong challenge on Saturday in a delayed election that hinges on the fate of the economy, Africa’s biggest. The presidential vote in the continent’s top oil producer and most populous nation is too close to call between Buhari and the main opposition candidate Atiku Abubakar, a […]
Nigerian poultry farmers are battling high cost of production and low margins, our correspondent has gathered. Our correspondent gathered that this had resulted in an increase in the price of eggs and other poultry products. The National Bureau of Statistics in its Selected Food Price Watch data for January reported that the average price for […]
The Maritime Workers Union of Nigeria has issued a 21-day ultimatum to the management of Chevron Nigeria Limited to address the union’s demand for the unionisation of the employees of its service providers. MWUN, in a letter addressed to the Managing Director of the company, expressed disappointment that since 2016 after the union held a […]
Multichoice, a video entertainment and internet company, says it will hold an online audition for the 2019 edition of the Big Brother Naija reality TV show. According to a statement on the official website for the TV show, the online audition was introduced to cater to individuals who couldn’t make it for the physical audition […]
The price of OPEC basket of fourteen crudes stood at US$65.97 a barrel on Wednesday, 21st February, compared with US$65.79 the previous day, according to OPEC Secretariat calculations. The fourteen crudes, from separate OPEC member countries, include a mix of blends and light and heavy crudes, including the UAE’s Murban. Emirates News Agency Pix: OPEC […]
The Federal Government, in its continued clampdown on tax defaulters to shore up its revenue, has demanded a number of foreign oil companies operating in the country to pay almost $20 billion in taxes owed to states, industries and government. A report by Reuters on Thursday indicated that a letter sent to the companies earlier […]
Nigeria recorded 31 incidents of pirate and armed robbery attacks against ships in a space of six months, the highest, according to the International Maritime Bureau, that reported that Nigeria was followed only by Indonesia with 25 incidents of piracy attacks. Other African countries recorded one attack each, except for Ghana, Republic of Benin, which […]
The embassy of the United States of America, both in Abuja and Lagos, would be closed on Friday, February 22, 2019. This was contained in a statement published by the embassy on its website, on Thursday. The closure is in compliance with the public holiday given by the Nigerian government to enable eligible voters to […]
You must be logged in to post a comment.