Nigeria’s oil output wobbles after 10yrs of increase in rigs
There are indications that increased deployment of oil rigs in Nigeria has not translated into corresponding rise in crude oil production.
Can new CEOs re-energise banking?
The Nigeria banking industry is set to enter another era with the appointment of new chief executives by four banks. The banks are Access Bank Plc, Fidelity Bank Plc, Zenith Bank Plc and Skye Bank Plc.
AfDB boosts climate change projects with N1bn fund
The African Development Bank (AfDB) has created a N1 billion fund to support climate change projects in African countries.
Laws and processes for payment of taxes collectible by the Federal Inland Revenue Service (2)
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
NSE assures FG of developing tourism sector
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.
Bayelsa budgets over N500m to host world SME conference
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.
