Banks to pay 3% fine over late customs duty remittance
Photo caption: Nigerian banks The Nigeria Customs Service has warned that designated banks that fail to remit collected customs revenue within the prescribed period
Category : Finance
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Understanding the system of money, investments, and other financial instruments cannot be overemphasized. The knowledge of Finance will not only give you basic information on what is going on as regards investments and other financial instruments but also for tasks in your everyday life and business.
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Fresh storm brews over new tax law
Photo caption: National Assembly building The Presidency, on Wednesday, rejected calls for the suspension of President Bola Tinubu’s recently-signed tax reform laws, insisting the legislation
Salaries, debt service gulp 105% of govt revenue
Photo caption: Debt diagram Debt service and personnel costs have swallowed more than the Federal Government’s total revenue for the first seven months of
FG’s N30trn revenue shortfall raises fresh doubts over 2026 budget
Photo caption: Minister of Finance and Coordinating Minister of the Economy, Wale Edun The federal government is facing renewed scrutiny over its 2026 budget
Senate faults multiple budget rollovers, asks FIRS to raise 2026 revenue target to N35trn
Photo caption: Minister of Finance and Coordinating Minister of the Economy, Wale Edun. The senate committee on finance has faulted the implementation of multiple
70% of 2025 budget to be rolled over into 2026 – Finance Minister
Photo caption: Minister of Finance and coordinating Minister of the Economy, Wale Edun The Federal Government has disclosed that about 70 per cent of
Elon Musk becomes first person to surpass $600bn net worth
Photo caption: Elon Musk Elon Musk has become the first person in history to surpass a net worth of $600 billion, with his wealth estimated
PIA, FX liberalisation reshape Nigeria’s oil,gas sector — Oni
PIA, FX liberalisation reshape Nigeria’s oil,gas sector — Oni By Yunus Yusuf An energy expert , Dr Ayodele Oni, says that major policy reforms,
New tax reforms will accelerate GDP, grow SMEs, reduce tax burden and eliminate multiple taxes – Oyedele
By Charles Okonji The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has assured Nigerians that the ongoing tax reforms were
