Latest news on the lingering controversy over the Malabu Oil Block(OPL 245) indicated that President Muhammadu Buhari had jettisoned the advice of the Attorney-General of the Federation and Minister of Justice, Abubakar Malami, proposal on how to resolve the legal hiccups on the case. The President, in addition to insisting that the criminal proceedings against […]
The Chairman, Federal Inland Revenue Service, Mr. Tunde Fowler, on Thursday disclosed that the Federal Government collected N3.9 trillion non-oil tax revenue between January and September this year, representing about N1 trillion higher than the N2.9 trillion collections in the corresponding period of last year. Fowler made this disclosure in his presentation at the meeting […]
The Federal Government has served a$2 billion tax notice on MTN Group being the telcos computed tax liabilities over the past decade. A news sourced from Reuters.com indicated that the announcement of the tax bill incurred over the last decade came a few days after the Central Bank of Nigeria (CBN) ordered MTN’s Lagos-based unit […]