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Sunday, Apr 11, 2021
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Category: Economy

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Economy

Nigeria Ships Out 7000 Metric Tonnes Of Cocoa For The First Time In 14 Years

Nigeria has shipped 7,000 metric tonnes of cocoa through the Calabar Port in Cross River State to the United States of America (U.S.A.) for the first time in about 14 Continue Reading

Posted on: March 29, 2021 By : SI Magazine
Economy

The Increasingly High Demand Of West African Products In The United States

The West African beeswax industry is a niche producer of exportable products (including waxes for the cosmetic, pharmaceutical, candle and food industries) that are in high demand in the U.S. Continue Reading

Posted on: March 6, 2021 By : SI Magazine
Economy

Cryptocurrency Funds Terrorism: CBN Insists

The Central Bank of Nigeria has justified the ban to banks from transacting in cryptocurrencies insisting that the currencies fuel illicit financial flows, terrorism and drugs purchase. A statement yesterday Continue Reading

Posted on: February 8, 2021 By : SI Magazine
Economy

Naira Slumps Even Further Exchanging 473/$

In recent times, the Naira has been fluctuating in exchange rate probably worsened even further by the economic situation. The naira suffered further setback at the parallel market and Investors Continue Reading

Posted on: January 13, 2021 By : SI Magazine
Economy

We Have Achieved 98% Of Our Target: FIRS

The Executive Chairman, Federal Inland Revenue Service (FIRS), Muhammad Nami on Monday said the agency has raked in N4.178trillion revenue out of the N4. 239trillion target it set for itself Continue Reading

Posted on: November 25, 2020 By : SI Magazine
Economy

FIRS Stamp Duty Collection Backed By Law

Debates on revenue collections from Stamp Duties between Federal Inland Revenue Service (FIRS) and Nigerian Postal Service ( NIPOST) was brought to a close as FIRS submitted that it was Continue Reading

Posted on: August 23, 2020 By : SI Magazine
Economy

FIRS Cries Out Over Systemic Abuse Leading To Tax Leakage

The Federal Inland Revenue Service (FIRS) on Wednesday has decried a systemic abuse of the pioneer incentive scheme instituted by the Federal Government, which has led to tax revenue leakages Continue Reading

Posted on: August 23, 2020 By : SI Magazine
Economy

All You Need To Know About Stamp Duty And Tenancy

This Article wouldn’t have been put up at a better time than this, to address this issue currently at the front burner, as it affects Tenants and Landlords. It is Continue Reading

Posted on: August 11, 2020 By : SI Magazine
Economy

NIPOST Claim To Stamp Duty, A Historical Error: Experts

Written by Gboyega Akinsanmi Experts in tax administration and law have censured the claim of the Nigerian Postal Service (NIPOST) to the administration of Stamp Duties Act, noting that NIPOST’s Continue Reading

Posted on: August 11, 2020 By : SI Magazine
Economy

NIPOST Stamp Duty Account Opened By CBN

The Nigerian Postal Service on Sunday said its stamp duty account was opened by the Central Bank of Nigeria under the Treasury Single Account in response to claims made by Continue Reading

Posted on: August 11, 2020 By : SI Magazine

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