The Federal Inland Revenue Service (FIRS) has explained why Nigeria did not sign the Organisation for Economic Cooperation and Development (OECD) G20 Inclusive Framework two-pillar solution to tax challenges of the digitalized economy. The OECD G20 Inclusive Framework two-pillar solution proposes a framework of rules aimed at tackling base erosion and profit shifting, and providing for […]
The Chief Executive Officer, Centre for the Promotion of Private Enterprise (CPPE), Mr. Muda Yusuf, has given his support to the planned removal of fuel subsidy by the Federal Government from February 2022, saying the move is necessary for the nation’s economy to grow. The Minister of Finance, Budget and National Planning, Zainab Ahmed, had […]
A new report by the Organization for Economic Cooperation and Development (OECD) has placed Turkey ahead of the United Kingdom as the second-fastest growing economy in the third quarter of 2021. In the report published on Tuesday, Chile topped the OECD-countries’ growth chart, with the economy recording the highest gross domestic product (GDP) growth rate […]
German consumer price inflation rose further in November to hit another record high, thereby increasing pressure on the European Central Bank (ECB) to react. Preliminary data on the country’s inflation released on Monday by the Federal Statistics Office showed that Consumer prices, harmonised to make them comparable with inflation data from other European Union countries, […]
Moody’s Analytics has launched Risk Integrity Investment Insight, an asset-liability management (ALM) solution for risk underwriting companies. The new tool combines data and modeling capabilities from across Moody’s Analytics to help insurers build liability-aware investment portfolios and better evaluate their investment strategies across a range of business metrics. Commenting on the new risk management solution, […]
The Nigerian Communications Commission (NCC) at the weekend hosted another edition of Campus Conversation (CC), in Bayero University, Kano (BUK), where officials of the Commission engaged in intensive enlightenment of students of the institution on their rights and privileges as telecoms consumers. Campus Conversation is a sub-programme of the Telecom Conversations (TCs), a modified consumer […]
The Executive Vice Chairman and Chief Executive Officer of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, has said that continuous dialogues between the regulator and its various licensees is central to finding lasting solutions to issues negatively impacting licensee’s compliance with extant regulations and challenging the growth of the telecoms industry. Danbatta stated this […]
The National Agency for Food and Drug Administration and Control (NAFDAC) has expressed serious concern over the increasing rate of irrational use of antibiotics, which has further accelerated the process of Antimicrobial Resistance (AMR), leading to avoidable deaths. The Director General of NAFDAC, Professor Mojisola Adeyeye, raised this alarm at the virtual 2021 World Antimicrobial […]
The Securities and Exchange Commission (SEC) Nigeria has warned quoted companies and capital market registrars to desist from selective payments and distribution of dividends to investors. Director General of the SEC, Mr. Lamido Yuguda, gave this warning in his keynote address delivered weekend at the Institute of Capital Market Registrars (ICMR) 10th Annual Conference, Investiture of […]
The President of the Commonwealth Association of Tax Administrators (CATA) and Chairman, Federal Inland Revenue Service (FIRS), Muhammad Nami, at the weekend held his maiden meeting with the CATA Secretariat team in London. At the meeting, which held at the United Kingdom’s Treasury House, the CATA President was formally briefed by the Secretariat officials on […]