The House of Representatives, on Thursday, approved a new Value Added Tax sharing formula, allocating 55% to states and 35% to local government councils. This decision followed the adoption of a repor...
Nigeria’s economic policies are yielding positive results, with the country recording a $16 billion trade surplus, rising foreign reserves, and increased investor confidence, according to the Presiden...
Nigeria is missing from the list of countries on track to secure the World Health Organisation (WHO) vaccine approval due to low capacity and lack of infrastructure, raising concerns about the nation’...
The Federal Inland Revenue Service (FIRS), yesterday said it was determined to drive Nigeria’s tax-to-Gross Domestic Product (GDP) ratio by improving tax compliance, enhancing transparency, and curbin...
Speaking during the inauguration in Abuja on Monday, Tinubu stressed the importance of youth participation as a factor in developing Nigeria’s future. “Look at me in the face, tell me whatever you thi...
The total pension Net Asset Value under the management of Pension Fund Administrators in the country as at December 2024 has hit N22.51trillion as against N22.25trillion recorded in November 2024, The...
Aminu Gwadabe, president of the Association of Bureaux De Change Operators of Nigeria (ABCON), said BDCs are grappling with limited availability of forex, unfavorable offer rates, fewer participating ...
Also, the government is reviewing business permits and border control at the air, seaports, as well as land borders. The move is to streamline the business environment to make it more conducive for fo...
In a statement, the NCDC relayed that it was notified of the case on March 5, by the Ondo state ministry of health. The agency said the physician, who was being managed at a private health facility in...
The “state venture capital guidance fund” will focus on cutting-edge fields such as artificial intelligence, quantum technology and hydrogen energy storage, Zheng Shanjie, head of China’s state econom...
