FG excludes food items, others from VAT
Businessam StaffJanuary 20, 2020
The new Finance Act 2019 set to take effect from February excludes basic food items, sanitary towels, pads, and tuition fees from
CBN’s N225.45 billion treasury bills auction records oversubscription
Businessam StaffJanuary 17, 2020
The Central Bank of Nigeria’s (CBN) Treasury Bills Auction that held last Wednesday was oversubscribed in spite of the low rates. The
BREAKING: Inflation rate jumps to 11.98% as border closure continues
Businessam StaffJanuary 17, 2020
Nigeria’s inflation rate rose year on year from 11.44% as at the end of 2018 to 11.98% by December 2019. This was disclosed in the
7.5% VAT to take effect February 1, says Finance Minister
Businessam StaffJanuary 17, 2020
As Nami unveils 4-point pillars for FIRS Adds “What I‘ll achieve in 100 days” The Minister of Finance,
FG begins implementation of Finance Act, 7.5% VAT on transactions
Businessam StaffJanuary 15, 2020
The federal government has commenced the immediate implementation of some aspects of the Finance Act with the implementation of 7.5
FG to issue guidelines on implementation of Finance Act
Businessam StaffJanuary 15, 2020
The federal government is to issue guidelines on the implementation process of the Finance Act, which President Muhammadu Buhari
Senate cries out after Customs spends N1.6bn to recruit 3,200 people
Samson EchenimJanuary 14, 2020
Ali will run Customs aground, sack him now, Senate tells FG How we spent the money – – Customs By Samson Echenim The
FG frowns at state govts’ violation of RoW agreement
Omobayo AzeezJanuary 14, 2020
By Omobayo Azeez The federal government, through the Federal Ministry of Communications and Digital Economy has expressed
Buhari signs 2019 finance bill into law
Businessam StaffJanuary 13, 2020
President Muhammadu Buhari has signed the 2019 finance bill into law. The president signed the bill into law on Monday. More to follow…
Malami drops allegation of N242bn, $1.3bn indebtedness against MTN
Omobayo AzeezJanuary 10, 2020
Asks to FIRS, customs to resolve feud