archiveSeptember 12, 2018

The Federal Ministry of Finance on Tuesday provided some clarifications on the Paris Club Refund approved for the 36 States of the Federation. The Ministry said in a press statement signed by Hassan Dodo, Director (Information) that it would be recalled that the issue of Paris Club loan over-deduction had...

MTN has accused the Nigeria’s attorney-general accusing him of exceeding  his powers in demanding $2 billion in taxes and charges from MTN Group, the company said in papers filed with Nigeria’s high court and reviewed by Reuters. The papers, filed on Monday in a move by the Nigerian arm of...

  The Debt Management Office (DMO) has explained Federal Government’s borrowing from China amid various comments in recent times about borrowings by developing countries from the country. A statement by the Director-General of DMO, Patience Oniha, said the comments seemed to have become heightened following the recent summit of the...

Ahead of the Osun State governorship election, the Nigeria Police Force has deployed officers in the state to gather intelligence on the strategies politicians are planning to use to induce voters. The Head, Public Complaint Rapid Response Unit of the Police, Mr Abayomi Shogunle, said this in Osogbo on Tuesday...

The Federal Government is wooing investors into the nation’s telecommunications sector by planning to introduce a 30 per cent cut in company income tax payment payable to the government. Besides, there will be relaxation of monetary and fiscal policies; access to foreign exchange; reduction in waivers and Custom Duties and...

  The Federal Government, Central Bank of Nigeria (CBN) and other financial institutions in the country in Abuja on Tuesday said challenges confronting Micro, Small and Medium Enterprises (MSMEs) would be tackled to improve nation’s economy and reduce growing poverty. The assurance was given at the 11th yearly banking and...