Business

Nigerians are free to demonstrate against South Africa's recurring xenophobic attacks as long as they do so peacefully.

If you think you can stop saving money with the bank account you used to obtain a loan, the Central Bank of Nigeria (CBN) has bad news for you.

The Federal Inland Revenue Service (FIRS) has said that it would start charging Value Added Tax on online transactions, both domestic and international, with effective from January 2020.

Payments for such purchases are often made using bank debit and credit cards, and could soon attract the five per cent tax being considered by the FIRS.

Speaking on the incident, the Commission’s Director-General, Mr. Hakeem Dickson stated that the firm was shut because it is not safety compliant as it lacks basic safety equipment and poor wiring system among other workplace safety violations.

A legal battle has begun to recover huge funds lost to alleged under-remittance and diversion of oil/gas royalties and taxes by some major oil companies.

The Economist has predicted “more misery ahead” for Nigerians in President Muhammadu Buhari’s second term.

Vice President Yemi Osinbajo, Speaker House of Representatives Yakubu Dogara, Deputy Senate President Ike Ekweremadu and members of the federal executive cabinet witnessed the signing in Abuja.

The Federal Government is coming up with a policy that will remove the ownership of Liquefied Petroleum Gas (cooking gas) cylinders from consumers.