‘They cancelled our meeting four times’ – Oyedele denies claims tax c’ttee failed to consult governors
“The Governors’ Forum invited us four times and cancelled four times. The fifth time, we were kept waiting until 1:30 a.m., then they said we had 15 minutes"
Global Spectrum plans diversification, grows revenue by 31%
In its effort to boost stakeholders’ value, Global Spectrum Energy Services (GSES) Plc has disclosed plan to boost its business by seeking new opportunity in other business lines, even as it recorded 31 percent growth in revenue for the financial year ended December 31, 2019.
Uber reports $1.8bn loss as pandemic stalls revenue
Uber on Thursday reported a $1.8 billion loss in the recently ended quarter as the COVID-19 pandemic caused its shared-ride business revenue to plunge. Overall revenues skidded 29 per cent from a year ago to $2.2 billion, as gains from delivery failed to offset a massive 75 per cent drop in its ride-hailing bookings, San […]
Labour moves against 6% stamp duty on tenancy, lease
By Victor Young Organised labour has rejected recent order by the Federal Inland Revenue Service, FIRS, to property owners and their agents to charge 6 percent Stamp Duty on all tenancy and lease agreements enter into with all leases and remit to the service. Trade Union Congress of Nigeria, TUC, in a statement on Sunday, […]
Twitter sees surge in users; revenue slides amid turmoil
Twitter said Thursday user growth soared in the past quarter even as ad revenues took a hit amid civil unrest in the United States. The short-messaging service reported a net loss of $1.2 billion in the quarter, most of that coming from setting aside funds for income taxes. Revenue slumped 19 percent from a year […]
Delta Govt introduces property tax to boost revenue
As part of measures aimed at boosting its revenue base, Delta State Government is to introduce property tax in urban areas of the state.
