Nigeria’s influential employers union has warned the Federal Government not to go ahead with a proposal to increase the Value-Added Tax charged in the country.
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Over two billion litres of petroleum products have been transported through the pipeline since 2016.
Luke Anele, the Managing Director of Nigerian Pipelines Storage Company, has said.
The TraderMoni scheme, other Government Enterprise and Empowerment micro-credit products, a component of the Buhari administration’s Social Investment Programme are still very much in operation, the Presidency has said.
The Federal Inland Revenue Service on Wednesday refuted report of planned increment of Value Added Tax by 50 per cent to meet up payment of the newly proposed minimum wage.
Sell pressure persisted on the Nigerian Stock Exchange on Wednesday with the crucial market indicators depleted further by 0.13 per cent.
The Naira on Wednesday lost marginally to the dollar at the parallel market in Lagos exchanging at N358.2 to the dollar, weaker than N358 traded on Tuesday.
A Nigerian carrier, Air Peace, has taken delivery of its third Boeing 777-300 aircraft in preparation for the airline’s commencement of international operations.
Prof. Umar Danbatta, Executive Vice Chairman, Nigerian Communications Commission, has said that broadband penetration made remarkable improvement as it increased to about 33 per cent as at February.
The Nigeria Customs Service, Seme Command, has generated N1.26 billion between January 2 and March 19 and also intercepted 23 assorted vehicles, 15 assorted goods with Duty Paid Value of N213.3 million.
The Cross River Government says work has begun on the Abim River Bridge linking some farming communities in the Etung and Ikom Local Government Areas of the state.
Civil servants in Kano State have urged the Federal Government to ensure the speedy implementation of the new national minimum wage.
The National Bureau of Statistics said the number of registered workers under the pension scheme in the fourth quarter, 2018 hit 8,410,184 compared to 8,136,202 registered workers in the second quarter, 2018.
Trading in the shares of Diamond Bank Plc has been placed on full suspension following the court sanction of the Scheme of Merger with Access Bank Plc.
Leadership of the Nigeria Labour Congress in Osun says it is optimistic that the state government will pay the new approved National Minimum Wage when President Muhammadu Buhari assents to the bill.
The Management of the Benin Electricity Distribution Company said on Wednesday that it had begun enumeration of its customers in its franchise areas of Edo, Delta, Ekiti and Ondo.
Ecobank Nigeria in its avowed commitment to deepen financial inclusion has launched an Ecobankpay zone at the Amu market, Mushin, Lagos.
Dr Samuel Nzekwe, former President, Association of National Accountants of Nigeria, has advised the Federal Government to intensify efforts in getting more people to pay Value Added Taxes.
The Nigeria Labour Congress, Gombe State Council, has applauded the National Assembly’s speedy passage the bill proposing N30,000 as new national minimum wage.
Joe Ajaero, President, United Labour Congress said on Wednesday that any increase in the Value Added Tax that would be used to pay the N30,000 new minimum wage would not be accepted.
The Senate on Wednesday adjourned plenary until April 2 to enable its standing committees to work on the 2019 Appropriation Bill.