Federal Inland Revenue Service (FIRS) collected N4,952,243,711,728.37 in total tax revenue in the year 2020. This landmark achievement represents approximately 98% of the national tax target of N5.076 trillion set for the FIRS by the Federal Government.Continue Reading
BUSINESS
To reduce the incessant encroachment on Nigeria’s pipeline network, an Austrian Firm, ScanTECH Isoplus, said that it is set to build one of the largest intrusion detection pipelines systems in the country.Continue Reading
Economic and Financial Crimes Commission (EFCC) urged the Court of Appeal in Lagos to set aside a purported pardon granted an Indian businessman, Ashok Israni, and two Keystone Bank officials, Anayo Nwosu and Olajide Oshodi.Continue Reading
Socio-Economic Rights and Accountability Project (SERAP) , urged Senate President, Ahmad Lawan, and Speaker of House of Representatives Femi Gbajabiamila to urgently review the 2021 appropriation legislation to stop President Muhammadu Buhari’s administration from selling public properties to fund the 2021 budget.Continue Reading
Crude oil production in Nigeria tumbled by 155,000 barrels to a record low in December amid the production cuts by the Organisation of the Petroleum Exporting Countries and its allies.Continue Reading
NBS said Nigerian States and Federal Debt Stock data as of 30th September 2020 reflected that the country’s total public debt portfolio stood at N32.22 trillion.Continue Reading
he world’s largest online retailer drew scrutiny for having apparel with QAnon insignia and related books up for sale days after QAnon followers joined last week’s siege of the U.S. Capitol, which left five people dead.Continue Reading
“In the last four months of 2020, I made N1.4 million from my fish farming. In the first four months, I made N750, 000, while in the four months in between, I made N850, 000. With the kind of money I am making from fish farming, if I am offered a job by the government that pays over N100, 000 monthly I won’t accept it because there is more money here,’’ Amos said.Continue Reading
The update regards how merchants using WhatsApp to chat with customers can share data with Facebook, using the information for targeting ads, according to the social network.Continue Reading
National Assembly will pass the Petroleum Industry Bill (PIB) before the end of this quarter as legislators work to tighten loopholes and bolster Nigeria’s earnings from its natural resources.Continue Reading