FIRS Launches TaxPro-max
As part of its efforts at remodeling tax administration in the country, the Federal Inland Revenue Service (FIRS), has introduced a new tax administration solution (TaxPro-Max) for ease of tax compliance. In a statement, FIRS chairman, Mr. Muhammad Nami, said “TaxPro-Max enables seamless registration, filing, payment of taxes and automatic credit of withholding tax as […]
Standard Chartered Ready To Introduce Cryptocurrency Exchange Services
Standard Chartered Plc has said it ready to introduce cryptocurrency exchange and brokerage service. The bank said its innovation arm, SC Ventures, would establish the platform. The move will be a combined investment between SC Ventures and BC Technology Group, a Hong Kong-based investment company specializing in digital assets, according to Bitcoin.com. BC Technology operates […]
Nigerian Industrialist Elumelu Unveils New Insurance Companies
The doors of Heirs Insurance Limited and Heirs Life Assurance Limited were on Tuesday officially opened for business in Lagos. The ceremony also saw the unveiling of the Heirs Towers, a new edifice by Heirs Holdings. The event had in attendance, the Governor of Lagos State, Mr. Babajide Sanwo-Olu; the Commissioner for Insurance, Mr. Sunday […]
The Surging Cost Of Servicing Debt Reflect On FG’s Revenue Profile – PwC
PricewaterhouseCoopers (PwC) has it that the rising cost of servicing debt continues to reflect on the Federal Government’s revenue profile. This report was titled ‘Nigeria Economic Alert: Assessing the 2021 FGN Budget.’ According to this report, the Federal Government keeps spending a huge amount of its revenue to service debt, and the debt-to-revenue ratio in […]
Kuda Bank Achieves 1m Core Customer
Kuda Technologies, the digital-led challenger bank for Africa said that its Nigeria subsidiary – Kuda Microfinance Bank – has acquired over one million customers. To celebrate the milestone, Kuda Chief Executive Officer, Babs Ogundeyi, and Chief Technical Officer, Musty Mustapha, presented the bank’s 1-millionth customer, Mr. Abiola Jewoola, a gift of N1 million at its […]
Following Nigeria’s 0.51% GDP Growth In Q1 2021, Analysts List Ways To Boost Momentum
Analysts on Sunday urged the federal government to continue to develop policies to attract investments to Nigeria and to sustain targeted interventions in order for the country to sustain its positive economic growth trajectory. The advice came as the country recorded a Gross Domestic Product (GDP) growth rate of 0.51 per cent (year-on-year) in the […]
NUPENG Threatens Nationwide Strikes As FG Fails To Caution El-Rufai
The National Union of Petroleum and Natural Gas Workers has threatened to go on a nationwide strike if the Federal Government fails to caution Kaduna State Governor, Nasir El-Rufai, who has declared the leadership of the organized labor wanted. If NUPENG proceeds on a strike like this it will affect the supply and distribution of […]
Amid Divorce Proceedings, Bill Gates Acknowledges Affair With Employee Which Microsoft Investigated
Bill Gates acknowledged through a spokeswoman that he had an extramarital affair with a Microsoft employee, which Microsoft said led its board to investigate the “intimate relationship” shortly before he resigned from the board last year. It is not clear what role the investigation or the affair, which took place two decades ago, played in […]
Woman Says $26m California Lottery Ticket Destroyed In Wash
The winner of a $26 million California Lottery prize may have literally washed the chance of a fortune down the drain. The winning SuperLotto Plus ticket for the Nov. 14 drawing was sold at an Arco AM/PM convenience store in the Los Angeles suburb of Norwalk. Thursday was the last day to redeem it. Nobody […]
Nigerian Airlines Blame Dollar Scarcity, Pandemic for Rising Fares
Airlines have attributed the skyrocketing airfares, which have elicited disaffection from travellers to the scarcity of dollars and the Covid-19 pandemic. The airlines, in separate interviews with THISDAY, warned travellers to brace for a higher fare regime as economic indicators show that the problems are not likely to abate soon. From N28, 000 for a […]
