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Dangote dismisses ‘false’ Elumelu rift claims and refinery financing rumors

Aliko Dangote's group has dismissed as false claims of a rift between him and Tony Elumelu, plus reports that personal borrowing financed the refinery.
Business

Cardoso warns bank directors to strengthen governance or face regulatory action

CBN Governor Olayemi Cardoso has warned Nigerian bank directors to strengthen corporate governance or face decisive regulatory action following the recent recapitalization exercise.
News

FIRS Unveils Research-Driven Push to Boost Tax Revenue

Nigeria’s tax authority is banking on data and research to shape smarter policies, boost revenue, and drive growth.
Business

FIRS Staff Forfeits Abuja, Kano Properties to FG

EFCC secures final forfeiture of two properties linked to a senior FIRS staff member, Aminu Sidi Garunbabba
News

Oyedele Says No Plan To Outsource Tax Collection To Consultants

Nigeria will not rely on Alpha Bata and other consultants to collect tax, FIRS is capable of doing that, Taiwo Oyedele clarifies.
News

Nigeria Spends N214.29 Billion on Revenue Collection in Q1 2024

Nigeria spent N214.29 billion on revenue collection in Q1 2024, with FIRS, NCS, and NUPRC reporting major increases in collection costs.
Business

Nigeria’s Tax Agency Unveils New Strategy to Boost Revenue Collection

Nigeria’s Federal Inland Revenue Service (FIRS) has announced a new organizational structure and a...
News

ICPC and FIRS Join Forces to Combat Financial Tax Frauds

ICPC and FIRS have initiated discussions to strengthen their efforts in tackling financial tax frauds and corruption-related issues, with a focus on information sharing, joint investigations, and capacity building.
Business

MTN Nigeria Ordered to Pay $72.5 Million Tax Fine by Lagos Tribunal

In a significant ruling, the Lagos State Division of the Tax Appeal Tribunal has...
News

Federal Government to Disclose Six-Month Revenue Report Post Fuel Subsidy Removal

The Federal Government announced its impending release of a detailed report, shedding light on...

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News

Dangote dismisses ‘false’ Elumelu rift claims and refinery financing rumors

Aliko Dangote's group has dismissed as false claims of a rift between him and Tony Elumelu, plus reports that personal borrowing financed the refinery.
Business

Cardoso warns bank directors to strengthen governance or face regulatory action

CBN Governor Olayemi Cardoso has warned Nigerian bank directors to strengthen corporate governance or face decisive regulatory action following the recent recapitalization exercise.
Business

Investors gain N26.5trn on Nigerian Exchange in April

Nigerian stock investors pocketed 26.5 trillion naira in April as the All-Share Index surged 20.13 percent and market cap climbed to a record 155.7 trillion.
News

Analysts urge Nigeria to plug N31trn deficit by listing state assets

Analysts say Nigeria can fix its 31 trillion naira budget deficit by listing state-owned assets on the stock market instead of piling on more debt.