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FIRS’ Chairman Advocates Capacity Building Among CATA Members

President of the Commonwealth Association of Tax Administrators (CATA) and chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji, has advocated the need for increased capacity building to enhance tax administration processes among members of the global body. A statement by the chairman’s Special Adviser on Media, Dare Adekanmbi, indicated that the tax […]

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FG Appoints Sen. Akume As New Chairman Of NEITI NSWG’s Board

President Bola Tinubu has approved the re-constitution of 15-member board of the Nigeria Extractive Industries Transparency Initiative’s (NEITI’s) National Stakeholders’ Working Group (NSWG). The Executive Secretary/Chief Executive Officer of NEITI, Orji Ogbonnaya Orji, who gave this hint during a media chat on Wednesday, said the Secretary to the Government of the Federation (SGF), Sen. George Akume, was […]

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FG Introduces Fiscal Incentives To Boost Oil & Gas Sector’s Performance

    ….Targets $10Bn Foreign Direct Investment The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has signed the Consolidated Guidelines for the implementation of Fiscal Incentives for the Oil & Gas Sector – a key component of the Federal Government’s fiscal reforms agenda aimed at enhancing the performance  of the […]

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NCC Hosts Rack Centre Team, To Synergize Collaboration

The Nigerian Communications Commission (NCC) has received a delegation from the Rack Centre as part of the commission management’s sustained drive to collaborate with all relevant stakeholders for the purposes of improving the performance of the nation’s telecommunications industry. The Rack Centre’s delegation, led by the Chief Executive Officer (CEO), Lars Johannisson, paid a courtesy […]

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Philippines SEC Orders Apple, Google To Delist Binance From App Stores

The Philippines Security and Exchange Commission (SEC) has directed Apple and Google to remove Binance app from their App stores for users in the country. According to a news report from CoinTelegraph, the SEC had formally requested that Apple and Google to remove applications operated by Binance, the biggest crypto exchange in the world. In […]

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NERC Transfers Electricity Market’s Regulatory Oversight To Ekiti, Ondo Bureaus

Nigerian Electricity Regulatory Commission (NERC) has directed the transfer of its regulatory oversight of the electricity market in Ekiti to the Ekiti State Electricity Regulatory Bureau (EERB) and also the regulatory oversight of the electricity market in Ondo State to the Ondo State Electricity Regulatory Bureau (OSERB). The directive, contained in a statement issued by […]

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Dana Air Incident: FAAN Announces Reopening Of Runway 18L/36R

The Federal Airports Authority of Nigeria (FAAN) has notified the public and all aviation stakeholders that Runway 18L/36R is now reopened for flight operations at 19:58hrs on Tuesday. It stated that the reopening of the runway followed its earlier closure due to an incident involving a Dana Air aircraft, with registration number 5N-BKI, which overshot […]

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FG Launches Digital Platform For Enhanced Oversight Of Duty Exemptions

The Minister of Finance and the Coordinating Minister of the Economy, Mr Wale Edun, has announced the integration of the Incentive Monitoring and Evaluation Platform (IMEP) into the Import Duty Exemption Certificate (IDEC) programme, thereby allowing for enhanced monitoring and evaluation of revenues from imports into the country. A statement issued by the ministry’s  Director, […]

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FG Begins Disbursement Of N200Bn Intervention Fund To MSMEs, Manufacturers

The Federal Government has announced plans to commence the loan disbursement process for micro, small and medium enterprises (MSMEs) and manufacturers under the Presidential N200 billion Intervention Fund scheme. President Bola Tinubu launched the scheme on October 17, 2023, to cushion the effects of the removal of petrol subsidy on entrepreneurs. The Minister of Industry, […]

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BPE Seeks NLC’s Collaboration On Privatisation Process

The Bureau of Public Enterprises (BPE) has expressed its readiness to collaborate with the Nigeria Labour Congress (NLC) in its current reforms and privatisation programme of the Federal Government. The Acting Director-General of the Bureau, Mr. Ignatius Ayewoh, made this remark when he recently paid a courtesy visit to the President of the labour union, […]