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Business and Economy

CBN again warns commercial banks to desist  from forex malpractices

THE Central Bank of Nigeria (CBN) has warned deposit money banks (DMBs) to desist from all forms of malpractice...
Harrison EDEH -

Under Kyari and Dikko, Port Harcourt refinery makes zero revenue, employs 487 new staff, pays N23bn salary in 2020

MANAGERS of Port Harcourt Refinery Company (PHRC) have demonstrated that they are incapable of making good financial decisions, as...
Odinaka ANUDU -
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Multiple taxation, port gridlocks, over-regulation hurting manufacturing companies – CEOs

THREE hundred and eighty out of 400 chief executive officers (CEOs) of manufacturing companies in Nigeria say multiple taxation...
Odinaka ANUDU -

Expert cautions Wike against using Rivers’ task force to collect VAT

A Public Affairs Analyst and Lawyer Liborous Oshoma has urged Rivers State Governor Nyesom Wike to avoid using the...
Marcus FATUNMOLE -
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VAT: FIRS war with states sends wrong signals to investors – Analysts

THE current face-off between the Federal Inland Revenue Service (FIRS) and state governments of Lagos and Rivers is sending...
Harrison EDEH -

Why VAT can’t work in states – FIRS

THE Federal Inland Revenue Service (FIRS) has said that it will be impossible to operate value-added tax (VAT) in...
Ijeoma OPARA -
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