President Joe Biden appears to be facing an uphill task in his administration’s efforts to hike tax as part of its fiscal drives to fund multitrillion-dollar infrastructure investments he promised to build in the coming months. The stand-off between the White House and corporate entities is rising as President strikes nearer to clinching congressional approval […]
The United States Supreme Court declined on Monday President Donald Trump’s appeal to block a New York grand jury from getting his personal and corporate tax returns. The verdict represented the ousted President’s decisive defeat in his prolonged legal battle to keep his tax records out of the hands of investigators. A news report by […]
President Muhammadu Buhari and the 36 states governors will on Thursday decide on a new petrol pump price at a meeting to be held at the Presidential Villa, Abuja. Minister of Labour and Employment, Senator Chris Ngige, who disclosed this on Sunday after a bipartite meeting at the Villa said the government had finished discussions […]
BudgIT, a civic advocacy society and accountability organisation on budget and public finance issues and the Civil Society Legislative and Advocacy Centre (CISLAC) have commended the Federal Government for its commitment to curb frauds in the public finance payment system through the Open Treasury initiative. Barely seven month after the government launched the Open Treasury […]
In furtherance of the desire to resolve its tax dispute with the Kaduna State Government amicably, Access Bank Plc has paid the sum of N240 million into the coffers of the state government. The payment by the lender was made known by the bank to the North West Zone of the Tax Appeal Tribunal, holden […]
The National Agency for Food and Drug Administration and Control (NAFDAC) at the weekend vowed to shut down packaged water production facilities that fail the Good Manufacturing Practice (GMP) requirements. The Director General of NAFDAC, Prof Mojisola Adeyeye, who disclosed the planned clampdown of substandard water facilities during at a virtual stakeholders’ meeting with packaged […]
The Emerging Africa Infrastructure Fund (EAIF), a Private Infrastructure Development Group (PIDG) company, has committed to buy up to US$50 million of a bond issued by Liquid Telecommunications being launched today. A news report on the bond issuance distributed by African Press Orgnaisation (APO) Group on behalf of PIDG, indicated that the bond (“The New […]
A research conducted by Finaria.it last year on the global cryptocurrency market showed that malicious hackers and other scammers stole $1.9 billion as against the $4.5 billion in the preceding year. While the year witnessed a huge growth in the crypto market as many investors turned to digital coins as a store of value in […]
The Nigeria Inter-Bank Settlement System Plc (NIBSS) has reported that Nigerian banks recorded over N5 billion loss to fraudsters between January and September 2020. The figure was contained in the just published NIBSS Insight Report titled ‘Fraud in the Nigerian Financial Services’. The NIBSS reported that on a global scale, fraudulent activities resulted in losses […]
As the economic uncertainty associated with the COVID-19 pandemic across the global economic space continues to mount, the Regional Director at INFINOX, a globally-recognised and award winning FX and CFD broker, Dany Mawas, has canvassed 8-point options for online traders to consider in choosing their brokers in order to achieve effective and profitable online trade […]