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FIRS: Tax waivers, illicit flows responsible for low revenue

    FIRS: Tax waivers, illicit flows responsible for low revenue

The Federal Inland Revenue Service (FIRS) says it has not been able to meet its revenue target in recent times because of non-discretionary tax waiver grants, illicit financial flows abroad

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‘We’re improving visibility at Lagos airport’ — FG reacts to diversion of flights to Ghana

    ‘We’re improving visibility at Lagos airport’ — FG reacts to diversion of flights to Ghana

The federal government says efforts are in place to improve visibility at Murtala Muhammed International Airport in Lagos. Hadi Sirika, minister of aviation, said this while responding to the inability

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You’re wrong, AfDB replies World Bank on ‘worsening’ Africa’s debt

    You’re wrong, AfDB replies World Bank on ‘worsening’ Africa’s debt

The African Development Bank (AfDB) has refuted claims that it contributes to the debt problems of countries in Africa. The bank was reacting to a statement credited to David Malpass,

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Reps declare state of emergency on power sector

    Reps declare state of emergency on power sector

The house of representatives has declared a state of emergency on the power sector. At the plenary session on Thursday, most of the lawmakers were enraged that Nigerians still do

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US’ Viasat seeks NCC’s approval to provide internet in Nigeria via satellite

    US’ Viasat seeks NCC’s approval to provide internet in Nigeria via satellite

Viasat, a US-based commercial satellite operator, has sought the approval of the Nigerian Communications Commission (NCC) to deploy satellite broadband

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FIRS launches tracker system for tax evaders

    FIRS launches tracker system for tax evaders

The Federal Inland Revenue Service (FIRS) says it has inaugurated a national intelligence gathering system to gather data and track

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AIB: Max Air operated Hajj flights without safety approval

    AIB: Max Air operated Hajj flights without safety approval

A report published by the Accident Investigation Bureau (AIB) has shown that Max Air may have acted in contravention of

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New president appointed in Transcorp Group shake-up

    New president appointed in Transcorp Group shake-up

Transnational Corporation of Nigeria Plc (Transcorp), a diversified investment company, has announced five major appointments on its board and executive

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CBN to stop burning banknotes, adopts recycling

    CBN to stop burning banknotes, adopts recycling

The Central Bank of Nigeria (CBN) says it will end the process of burning banknotes and adopt recycling. In a

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FG, US sign $1.1m grant for Abuja independent power project

    FG, US sign $1.1m grant for Abuja independent power project

Mele Kyari, group managing director of the Nigerian National Petroleum Corporation (NNPC) says electricity is a luxury only the elite

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