Business

FG cuts interest on late tax payments

FG cuts interest on late tax payments

…New rate takes effect October 1…Applies to FG, states, FCT tax authorities By Emma Ujah, Abuja Bureau Chief ABUJA — The Federal Government has reduced the interest rate payable by taxpayers for late settlement of their tax liabilities, with the new regime taking effect from October 1, 2026. Under the new arrangement, interest on tax […]
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Fresh push for crude oil exploratory work in Benue trough

Fresh push for crude oil exploratory work in Benue trough

Following the flag-off of oil search on the Nasarawa  State end of the Benue Trough last week, the Nigerian National Petroleum Corporation (NNPC) has commenced move to mobilize for oil exploration in the Benue State sector of the Benue Trough.

Alaghodaro: Ease of Doing Business session to tackle Edo’s investment barriers

Alaghodaro: Ease of Doing Business session to tackle Edo’s investment barriers

Worried by the relative difficulty in starting and sustaining business enterprises in the state, the Edo State Government plans to develop a strategy to improve her investment climate during a special session dedicated to ‘Improving the Ease of Doing Business In Edo’ at the forthcoming Alaghodaro Investment Summit.

Dickson changing Bayelsa narrative through investments – VP Osinbajo

Dickson changing Bayelsa narrative through investments – VP Osinbajo

VICE President Yemi Osinbajo has scored Bayelsa State Governor, Seriake Dickson high over the ongoing investment in education and infrastructural development in the state, saying the investment and recent achievements by indigent students is changing the narratives about the state.