Applicable tax law : Withholding Tax (WHT) is not a distinct tax type and therefore has no legislation of its own. It is only a mechanism for the collection of other taxes. Consequently, its application is provided for in the enabling law of other tax types i.e. Section 81 of Company Income Tax Act, Section 54 of Petroleum Profit Tax Act, Section 73 of Personal Income Tax Act and Section 13 of Value Added Tax Act

The Nigerian Stock Exchange, NSE has assured the Federal Government of its commitment to developing the tourism sector, just as the sub sector accounts for N32 billion of the total value of securities listed on the exchange.

The Bayelsa state government has budgeted over N500million to host the 20th World Association for Small and Medium Enterprises, WASME, a global non-governmental organization situated in Noida, India with members spread across the world.

Irregular power supply is crippling economic activities across the country, a Polytechnic lecturer has lamented.

At the just-concluded IMF/World Bank Spring Meetings, the Minister of Finance and the Coordinating Minister of the Economy, Dr. Okonjo-Iweala and the Acting Governor of the CBN, Dr. Sarah Alade took time off their back-to-back meetings with global financial leaders and officials of the IMF/World Bank to brief the press on what transpired at the various sessions of the global financial caucus meetings. In fact, Okonjo-Iweala spent just about 30 minutes with the media before rushing to attend a session she co-chaired with the World Bank President saying it would be rude for her to stay back while the World Bank President waits for her to come in.