Tuesday, May 11, 2021

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FIRS extends deadline for tax return filing by one week

    FIRS extends deadline for tax return filing by one week

The Federal Inland Revenue Service (FIRS) has extended the deadline for companies to file their tax returns by seven days due to the COVID-19 pandemic and the festive season. In

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BOI: We disbursed N234bn to 10,145 MSMEs in 2019

    BOI: We disbursed N234bn to 10,145 MSMEs in 2019

The Bank of Industry (BOI) disbursed N234 billion to 10,145 micro, small and medium enterprises in 2019. This was disclosed at the bank’s 60th annual general meeting that held virtually

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‘FG has no money’ — Lai speaks on handover of national theatre for renovation

    ‘FG has no money’ — Lai speaks on handover of national theatre for renovation

Lai Mohammed, minister of information and culture, says the decision to hand over the national theatre to the Central Bank of Nigeria (CBN) and the bankers’ committee is because the

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COVID-19: MTN Nigeria’s revenue dips by 6% but data income hits N79bn

    COVID-19: MTN Nigeria’s revenue dips by 6% but data income hits N79bn

MTN Nigeria has reported a six percent decline in total revenue in the second quarter of 2020 as the COVID-19 pandemic continued to impact businesses. According to the half-year financial

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Access Bank to customers: Be vigilant, fraud attempts are increasing

    Access Bank to customers: Be vigilant, fraud attempts are increasing

Access Bank has advised customers to be vigilant because the number of reported fraud cases is increasing. In a statement on Thursday, Victor Etuokwu, the executive director for retail banking,

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Former MD: How contractors used TCN’s fibre network for 12 years despite owing $74.5m

    Former MD: How contractors used TCN’s fibre network for 12 years despite owing $74.5m

Usman Gur Mohammed, former managing director of the Transmission Company of Nigeria, says Nigeria has not been able to have a functional supervisory control and data acquisition system in the

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Unity Bank reports N22.8bn gross earnings in half-year 2020

    Unity Bank reports N22.8bn gross earnings in half-year 2020

Unity Bank Plc has declared gross earnings of N22.8 billion in the first half of 2020. In its unaudited financials

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Dangote Cement ranked Nigeria’s biggest company by market cap

    Dangote Cement ranked Nigeria’s biggest company by market cap

TheSignature50, a ranking of Nigeria’s biggest corporations, has listed Dangote Cement as the biggest Nigerian company by market capitalisation. The

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FEC approves payment of €15.21m, N1.7bn for Siemens power project

    FEC approves payment of €15.21m, N1.7bn for Siemens power project

The federal executive council has approved the payment of €15.21 million and N1.708 billion as counterpart funding for the Presidential

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World Bank approves $500m credit to support secondary school girls in Nigeria

    World Bank approves $500m credit to support secondary school girls in Nigeria

The World Bank’s International Development Association (IDA) has approved a $500 million credit to Nigeria to support the adolescent girls

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FIRS to landlords: No need to increase rents — tenants will pay the stamp duty at banks

    FIRS to landlords: No need to increase rents — tenants will pay the stamp duty at banks

The Federal Inland Revenue Service (FIRS) says landlords do not have any reason to increase rents or lease agreements because

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AIB: Why Osinbajo’s helicopter crashed in Kogi

    AIB: Why Osinbajo’s helicopter crashed in Kogi

The Accident Investigation Bureau (AIB) says the Caverton helicopter crash-landing incident involving Vice President Yemi Osinbajo was caused by a

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Former UK prime minister endorses Okonjo-Iweala for WTO job

    Former UK prime minister endorses Okonjo-Iweala for WTO job

Gordon Brown, former UK prime minister, has endorsed Ngozi Okonjo-Iweala for the upcoming World Trade Organisation (WTO) director-general election.  The

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FG rakes in N651.77bn from VAT in six months

    FG rakes in N651.77bn from VAT in six months

Revenue generated from value-added tax increased by 8.45 percent from the N600.9 billion realised in half-year 2019 to N651.7 billion

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COVID-19: Emirates airline to cover medical, quarantine costs for customers

    COVID-19: Emirates airline to cover medical, quarantine costs for customers

Emirates Airline has said it will cover COVID-19 medical expenses and quarantine costs for its customers in order to boost

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Panel led by ex-Irish president clears Akinwumi Adesina of all allegations

    Panel led by ex-Irish president clears Akinwumi Adesina of all allegations

Akinwumi Adesina, president of the Africa Development Bank, has been exonerated of all whistleblower allegations by the independent review panel

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