Taiwo Oyedele The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms in Nigeria, Dr. Taiwo Oyedele, has said that personal income tax revenue amounted to just N1.5trn, despite declared incomes totalling N15trn by Nigerians in 2023. He said this Wednesday in Abuja at the two-day 2024 National Tax Conference organised by the

2024 was another year filled with curiosity for Nigerians, who turned to Google to find answers to a range of questions. From economic concerns to beauty tips, here are the top five queries that dominated search trends in Nigeria over the past year, according to Google’s Year in Search 2024. 1. How much is a

America’s wealthiest Black billionaires come from various industries, with most accumulating their wealth through sports and entertainment.  The collective net worth of these billionaires is $31.3 billion. Although impressive, this figure is just a fraction of the world’s wealthiest individual, Elon Musk’s $225.4 billion net worth.  Despite America having 735 billionaires, only two Black African

Dr Mohammed Shehu RMAFC Chairman Economic Confidential Stands by Report on RMAFC’s Opposition to Tinubu’s Tax Reform Bills, Publishes Full Memorandum The Economic Confidential has reaffirmed the accuracy of its report detailing the Revenue Mobilisation Allocation and Fiscal Commission’s (RMAFC) opposition to aspects of President Bola Tinubu’s Tax Reform Bills. The report, based on a

Tik Tok The National Information Technology Development Agency (NITDA) has identified social media platforms X (formerly Twitter) and TikTok for failing to comply with tax filing requirements set forth in accordance with Nigeria’s Regulatory framework. In a report obtained by PRNigeria titled “Analysis of Compliance with Laws and Misinformation Management by Social Media Platforms in

NMDPRA The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) in Osun State has issued a warning to petroleum marketers against hoarding and all forms of illegal practices before, during and after Christmas celebrations. The agency also warned residents in the state against panic buying and storing petroleum products at home. Kunle Adeyemo, the NMDPRA

With the holiday season fast approaching, finding the perfect gifts for your loved ones can sometimes stretch your budget. Fortunately, plenty of thoughtful and affordable gift ideas can make your family’s Christmas memorable without breaking the bank. Here’s a curated list of five budget-friendly gifts that are sure to delight your family members. 1. DIY

Ola Olukoyede, the Executive Chairman of the Economic and Financial Crimes Commission (EFCC) According to Ola Olukoyede, Chairman of the Economic and Financial Crimes Commission (EFCC), corruption has become a huge enterprise in Nigeria as theft of public resources across all levels of government remains a grave concern. Speaking in Abuja at the Agora Policy

Naira Against Dollar The Naira experienced a sharp drop from N1600 to N1,780 per dollar on Wednesday which reversed its recent gains in the black market. “We are buying at N1720 and selling at N1780 per dollar,” a BDC operator told BusinessDay. Read Also: On Wednesday, the local currency depreciated for the second straight time

President Bola Ahmed Tinubu is hosting German President Frank-Walter Steinmeier at the Villa. President Steinmeier is on a three-day state visit to Nigeria and arrived at the State House in Abuja at 11:06 AM, where he was received by President Tinubu and other executive council members. The welcoming ceremony included the playing of the German

The world of cryptocurrency is vast and constantly evolving, with thousands of assets vying for attention. However, not all of them are created equal. Some crypto tokens have real-world utility, making them more valuable to their holders.  While memecoins often dominate headlines with massive profits, they tend to lack the long-term utility that makes other

The Bank of Industry (BOI) says that it has disbursed N22.89 billion to 29 manufacturers under the Federal Government’s N75 billion Manufacturing Sector Intervention Fund. Olasupo Olusi, BOI managing director, made this announcement during an interactive session with the Organised Private Sector in Abuja. Olusi disclosed that an additional 20 projects, valued at N6.3 billion