By Eyo Nsima The governor of Lagos state, Babajide Sanwo-Olu, has signed the State Value Added Tax, VAT, bill into law. The State commissioner for information and strategy, Gbenga Omotosho, who confirmed the development, said, “bill for a law to impose and charge VAT on certain goods and services” after returning from an official trip […]
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By eyo Nsima The Central Bank of Nigeria, CBN, has directed banks to ensure that end-to-end bulk payments or transfers are henceforth processed on the platforms of banks or payment service providers, PSPs for their customers with a detailed breakdown of the accounts that receive the credits. In a circular – Disaggregation of Bulk Payments
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UNESCO to release new Publication on Youth and Water Security in Africa .As Distinguished Prof Hilary Inyang harps on capacity building By Eyo Nsima The United Nations Educational, Scientific and Cultural Organization, UNESCO, has concluded plans to release its new publication – UNESCO Special Publication on Youth and Water Security in Africa – targeted at improving
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The Department of Petroleum Resources (DPR) has said that optimizing Nigeria’s oil production processes remains a critical factor in the nation’s economic recovery drive and get the full benefits of the country’s resources. A statement in Abuja by the General Manager, Public Affairs of the organization, Mr. Paul Osu, quoted the Director and Chief Executive
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The new Strategic Vision (Implementation) Plan (SVP) 2021-2025 will define our strategic thrusts for the next five years PROF. UMAR GARBA DANBATTA It is with a profound sense of honor and privilege that I welcome you all to this very important occasion. This significant occasion affords us the opportunity of showcasing some of our strides
Prof Omowumi Iledare marks 70th birthday in style By Eyo Nsima The Executive Director, Emmanuel Egbogah Foundation, Abuja and the Ghana National Petroleum Corporation, GNPC, Petroleum Professorial Research Chair, University of Cape Coast, Ghana, has marked his 70th birthday in style. A lecture, which was organised to mark the event took place at the Emerald
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By OUR CORRESPONDENT Niger State Board of Internal Revenue, BIR, Monday, shut several institutions and eight banks over alleged tax liabilities, amounting to N456million. In a statement obtained by The Daily, www.thedaily-ng.com, Executive Chairman of the Board, Alhaji Mohammed Madami Etsu, disclosed the tax defaulters to include, Stanbic IBTC (N113.2 million) Polaris Bank (N74.8 million),
VAT Collection: Maintain status quo till final determination of the matter —- FIRS By Eyo Nsima The Federal Inland Revenue Service (FIRS) has urged taxpayers not to panic over the recent court ruling by the Federal High Court sitting in Port Harcourt which dismissed its motion for stay of execution of the judgment that Rivers
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GUINEA: Ekweremadu condemns coup, seeks Conde’s return By Eyo Nsima The former Speaker, Economic Community of West African States, ECOWAS Parliament, Senator Ike Ekweremadu, has condemned the latest military coup d’état in the Republic of Guinea, which culminated in the removal of President Alpha Conde. In a statement obtained by The Daily, http://www.thedaily-ng.com, his Special Adviser, Media,
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By Eyo Nsima The Federal Government, Sunday, identified President Muhammadu Buhari as the first Nigeria’s President to accomplish a lot of ‘firsts’ in the nation. In a statement obtained by The Daily, www.thedaily-ng.com, Femi Adesina, special adviser to the president on media and publicity, said the president has broken record in many areas, including the
