Economy
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China no longer give us money, we’re approaching Europe for loans – Amaechi
The Minister of Transportation, Rotimi Amechi, has blamed the delays in major projects, including railways, on the inability of the…
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$4.2 trillion debt service: Economy in real crisis, FG admits
The Federal Government admitted on Tuesday that the country’s economy is in crisis, with a debt service bill of $4.2…
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FIRS breaks all-time record, rakes in N6.4trn revenue in 2021
The Federal Inland Revenue Service (FIRS) has raked N6.4 trillion as revenue in 2021, the highest in its history. The…
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Suspension of fuel subsidy removal: Nigerians should brace up for more difficulties, borrowings — Presidency
Nigeria may have to continue to borrow due to the suspension of the removal of fuel subsidy, the Presidency said…
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91 million Nigerians now live in poverty — NESG
The Nigerian Economic Summit Group (NESG) on Tuesday decried the increasing rate of poverty in the country, saying that about…
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BREAKING: Again, Rivers floors FG as court outlaws deduction from Federation Account to fund police
A Federal High Court in Abuja has outlawed the practice where the Federal Government deducts funds directly from the Federation…
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‘Tell those you’re sharing revenue to, it stops on March 16, no more stealing of state resources,’ Soludo warns state revenue collectors
The Governor-elect of Anambra State, Prof Chukwuma Soludo, has vowed to hit the ground running on the morning of his…
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Cost of soft drinks rises higher as excise duty tax takes effect
Amidst public outcry over what many described as multiple taxation the newly pronounced excise duty tax of N10 per liter…
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University don, tax consultant fault Finance Act 2021
A Professor of Taxation, Faculty of Law, Lagos State University, Professor Taofeeq Abdulrazaq and Managing Consultant/Chief Executive Officer, Maroct Consultants…
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Decision on petrol subsidy removal to be taken in June ― NEC
A decision on the removal of the subsidy on petroleum will be made in June when the provision for its…
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