Non-Interest Banking in Nigeria-Tax Issues (I)

Non-Interest Banking in Nigeria-Tax Issues (I)

The storm surrounding the introduction of Non-Interest Banking (NIB) commonly called Islamic banking is gradually settling down and it is important to begin to exhume the challenges that might crop up in its operations with particular reference to the taxation of the sub-sector by the relevant tax authorities, especially the setting of standards for the type of taxes that apply and that are to be collected from the transactions.
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Sunderland back on track, trash  Fulham 3 -1

Sunderland back on track, trash Fulham 3 -1

Sunderland registered their first Premier League away win since February and ended a run of five games without victory by overcoming 10-man Fulham 3-1 on Sunday.

Eaglets beat Mali 2-0

Eaglets beat Mali 2-0

Nigerian Golden Eaglets yesterday at the U.J. Esuene Stadium, Calabar. Cross River State defeated the Junior Eagles of Mali 2-0.

Ubah’s many battles

Ubah’s many battles

FOR an enduring period now, the media has remained awash with damning stories all around the oil subsidy probe and related issues. A lot of uncovering has been and is still being done by various panels instituted by the Federal Government and the National Assembly. Nigerians are taking sides based on their different perceptions and interpretation of the reports of the panels.

Mikel vows Chelsea fight back

Mikel vows Chelsea fight back

Mikel Obi has stated that his team will overcome a recent poor run in the EPL after they lost 2-1 at West Brom on Saturday.

Gunmen on motorcycles kill lawmaker

Gunmen on motorcycles kill lawmaker

Gunmen riding on motorcycles have killed a prominent politician in Nigeria’s second city of Kano, officials said Sunday amid a wave of similar shootings blamed on a radical Islamist group.