The Federal Inland Revenue Service (FIRS) has announced its transition from the e-TPPLAT used in filing transfer pricing returns and country-by-country reporting notification to a new platform called TAXPRO-MAX platform. The Executive Chairman of the federal tax agency, Dr. Zacch Adedeji, made this disclosure on Monday in a statement signed by him. The announcement specified […]
Nigeria has adopted new software developed by the Commonwealth Secretariat aimed at transforming the nation’s handling of its substantial $114.35 billion debt portfolio. The Senior Communications Officer at the Communications Division of the Commonwealth Secretariat, Snober Abbasi, disclosed the nation’s adoption of a more robust technological solution, Meridian software, for debt management in a statement […]
The National Information Technology Development Agency (NITDA) has advocated the incorporation of Artificial Intelligence (AI) into Nigeria’s security framework in order to make the nation’s environment more conducive for socioeconomic activities. The Director-General of the agency, Dr.Kashifu Inuwa, made this call during a meeting he had with the Commandant of the National Institute for Security […]
Nigeria’s Senate has approved the sum of N5.079 trillion as a revenue target and N706.4 billion as budget for the Nigeria Customs Service (NCS) in the 2024 fiscal year. The Red Chambers’ approval of the proposals followed the consideration of a report presentation by the Chairman of the Committee on Customs, Excise, and Tariff, Senator […]
Ogun State Government has expressed its desire to collaborate with the National Council on Transportation, neighbouring states, development partners like the UK-Nigeria Infrastructure Advisory Facility and multilateral institutions like the World Bank, to actualise the vision for seamless multimodal transportation in the state. The State Governor, Prince Dapo Abiodun, disclosed this during the opening ceremony […]
….Lagos Attracts 65.35% Of Capital Inflows The National Bureau of Statistics (NBS) at the weekend reported that Nigeria’s total capital importation value in the fourth quarter of last year marginally increased to $1.088 billion, slightly higher than the $1.060 billion recorded in Q4 2022 and represented a 2.62% year-on-year increase. But then, the statistics agency […]
Investment researchers at Bancorp Securities Limited, a leading investment research and consulting firm, have projected that trading on the Nigerian Exchange (NGX) this week would be bullish as Banking and Service sectors stocks attract investors’ interest. However, the experts in the firm’s ‘Weekly Stock Recommendation: Feb 19- Feb 23’ circulated to our correspondent noted that […]
The African Guarantee Fund (AGF), a leader in promoting financing of Small and Medium-sized Enterprises (SMEs) across Africa and FSD Africa, a pioneering development agency committed to reshaping Africa’s long-term financial landscape, have signed a strategic collaborative pact aimed at propelling the growth of Green SMEs by providing critical financial support, technical assistance, and capacity […]
The Federal Government on Monday announced the launching of its ‘Project 774 LG Connectivity’ to foster inclusive development, promote access to digital public infrastructure, and create 300 direct jobs. The Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, who made the disclosure via his X handle, said that the implementation of the project […]
The Board of Directors of the African Development Bank Group (AfDB) has approved the proposal to take an initial stake of up to $10 million in the “Alliance for Green Infrastructure in Africa – Project Development” (AGIA-PD)” Fund as part of its investment supports for successful green transition of African countries. A news report from […]