The federal government of Nigeria says set a date for reopening of the country’s land borders which were closed in August. Responding to question on reason for closure, President Muhammadu Buhari had said the borders were closed to prevent smuggling of banned items. Speaking with journalists on Monday, Mariam Katagum, minister of state for industry, […]
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The senior special assistant to the president on media and publicity, Garba Shehu says Babatunde Fowler was removed from the position of executive chairman of the Federal Inland Revenue Service (FIRS) because of his inability to generate enough revenue. Shehu told journalists during the weekend in Abuja that the federal government had to effect the […]
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The Central Bank of Nigeria (CBN) has reduced the withdrawal charge attached to transactions on banks’ automated teller machines (ATM) from N65 to N35. This is contained in a document entitled, ‘Guide to Bank Charges’ released by the apex bank, on Sunday. The document contains information on downward reviewed electronic transfer, ATM fees as well […]
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Prof. Ishaq Oloyede, Registrar, Joint Admissions and Matriculation Board (JAMB), says the board has generated N20 billion from University and Tertiary Matriculation Examinations (UTME) between 2016 and 2019. He made the disclosure during a two-day meeting with Computer Based Test (CBT) Centre Operators, State Coordinators of the Board, Financial Institutions and Internet Service Providers on […]
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Alhaji Isa Dutse, Permanent Secretary, Ministry of Finance, Budget and National Planning, said on Wednesday in Abuja that the Federal, States and Local Governments had shared the sum of N635.8 billion for the month of November. Dutse disclosed this while addressing newsmen after the Federation Account Allocation Committee (FAAC), meeting. He explained that the amount […]
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Furst Salvo Limited, a global financial business advisory and investment company, has launched savings and investment mobile App. The App which is available for download on the iOS Store and Google play store, is a savings platform that helps you save money smartly while earning returns on your savings. It is to encourage savings habit […]
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The Federal Inland Revenue Service (FIRS) has served a seven-day notice to tax defaulters across the country. Defaulters are urged to settle their tax liabilities within seven days. The Head, Communications and Servicom Department, Mr Wahab Gbadamosi, made this known in a statement in Abuja on Tuesday. Gbadamosi said the Acting Executive Chairman of FIRS, […]
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PDP Presidential candidate in the last presidential election and Former Vice-President of Nigeria, Alhaji Atiku Abubakar says he cannot sit and watch the government of President Muhammadu Buhari “ruin the future of Nigerians” with his $29.6 billion loan request. Recall that Buhari had asked the senate to approve the loan, saying oil earnings are no […]
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NIGERIA – The Minister of Interior, Ogbeni Rauf Aregbesola, says for Nigeria to solve the problem of poverty, the rich must be taxed mercilessly. Speaking at the 70th birthday of Abiola Ajimobi, former governor of Oyo state, he said tax from the rich could be used to create wealth to help the poor. “We must mercilessly […]
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The Federal Government of Nigeria on Sunday commended the Dangote Group for its proposed plan to expand its domestic revenue generation drive from four billion dollars to 30 billion dollars annually from 2021 to boost the nation’s economy. The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, gave the commendation during an inspection […]
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