Saturday, September 18, 2021

Economy

September 17, 2021

VAT War: FIRS insists CSOs, NGOs must pay tax

FIRS has insisted that civil society organisations (CSOs) and other non-governmental organisations (NGOs) are not exempted from paying VAT.

Zainab Ahmed and Mohammed Nami
September 16, 2021

NGX back in red, investors lose N30 billion

Specifically, the All-Share Index dipped 57.03 points or 0.15 per cent to close at 38,911.31 from 38,968.34 recorded on Wednesday.

Stock Market
September 16, 2021

CBN goes after AbokiFX for updating Nigerians on naira’s free-fall against dollar

Nigerian media outlets, including Peoples Gazette, have relied heavily on AbokiFX in recent weeks to publish frequent and steep crashing of the naira.

CBN Godwin Emefiele (credit: Bloomberg)
September 16, 2021

Naira drops to N570 per dollar

The national currency dipped again at the parallel markets on Thursday.

Godwin Emefiele
September 16, 2021

Southern governors back Wike, Sanwo-Olu, insist states will collect VAT

Governors of states in Southern Nigeria on Thursday acknowledged the power of the states to collect value-added tax.

September 16, 2021

Despite NNPC bailout, Dangote seeks more loans to salvage refinery project

Aliko Dangote is seeking out more loans to facilitate the completion of his refinery in Lagos.

September 16, 2021

VAT: FIRS seeks shutout of Lagos from appeal, court reserves ruling

Lagos state is seeking to be joined in the VAT suit by FIRS but the latter want the court to block the application.

FIRS chairman, Muhammad M. Nami and Attorney General of Lagos State, Moyosore Onigbanjo
September 16, 2021

Scarcity: Petrol sells N220 per litre in Nsukka

Petrol now sells for between N200 and N220 per litre at the independent marketers’ service stations in Nsukka.

filling station
September 15, 2021

NGX gains N25 billion; trading volume shrinks

The total volume traded declined by 38.11 per cent with an exchange of 141.41 million shares worth N2.97 billion traded in 3,079 deals.

Stock Market
September 15, 2021

Senate postpones presentation of 2022-2024 MTEF report

Senate Leader Yahaya Abdullahi moved a motion to request more time for further legislative work on the report.

Nigerian Senate floor