Business News
Business and economic news from Nigeria and around the world.
ASUU calls on NASS to amend NUC Act to deal with poor funding of state universities
The Academic Staff Union of Universities (ASUU) urged the National Assembly to amend the National Universities Commission Act in a...
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VAT: Benue State studying the law, will embrace it as long as it is constitutional – Ortom
The Governor of Benue State, Samuel Ortom revealed that the state is currently studying the legal implications of the state-imposed...
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NGX CEO, Onyema, joins board of World Federation of Exchanges
The CEO of the Nigerian Exchange Group (NGX Group) Plc, Mr Oscar Onyema has been elected a board member of...
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36 state government sue FG over stamp duty collection as tax dispute worsens
The tax dispute between the different tiers of government appears to be worsening as the 36 state governments have sued...
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Appeal court stops Rivers, Lagos from collecting VAT pending determination of case
The Court of Appeal sitting in Abuja has ordered all the contending parties to maintain the status quo on the...
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America’s richest  1%  may evade tax of up to $163 billion annually – report 
The top 1% of Americans may evade annual taxes of up to $163 billion, increasing the tax gap to $600...
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Lagos State Governor, Sanwo-Olu signs VAT collection bill into law
The Lagos State Governor, Babajide Sanwo-Olu, has signed into law a bill empowering the state government to collect Value Added...
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FG expects single digit inflation by 2023 as external reserve receives a boost
The Minister of Finance, Budget, and National Planning, Zainab Ahmed, has said that the Federal Government is targeting single-digit inflation...
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Discussions around state collection of VAT necessary to increase IGR – Gov. Makinde
The Governor of Oyo State, Seyi Makinde has thrown his weight on the side of the states in the ongoing...
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Custom says more scanners to be deployed in 3 ports in September
The Nigeria Customs Service (NCS) has said that more scanners would be deployed in three ports and they would arrive in the country...
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