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African oil-producing and reliant countries have been among the most hard hit by the COVID-19 pandemic and declining oil price. Oil price crashed below $20 dollars on Monday, the lowest in 18 years. In particular, Senegal, Nigeria and Angola continue to face new challenges each day amid the threat of economic fallout.
Oyo State COVID-19 Security and Enforcement sub-committee has impounded a total of Twenty-Two (22) illegally parked vehicles during its special night operations, to enforce compliance at club houses and public places in Ibadan.
The Domestic Tax Operation Group (DTOG) of the Federal Inland Revenue Service (FIRS) has assured the Management and Board of the Service that it will strive to achieve its N8.5trillion revenue target.
The Federal Inland Revenue Service (FIRS) in January 2020 collected tax revenue of N338.1 billion as against a tax target of N620.2 billion.
The Federal Inland Revenue Service (FIRS) has stated that no member of its staff tested positive to COVID-19 as being peddled on social media.
The Oyo State Government has embarked on some preventive measures against the spread of Coronavirus (Covid-19) at its parastatals, such as Oyo State Universal Basic Education Board and Oyo State Road Transport Maintenance Agency, in Ibadan.
The Federal Inland Revenue Service (FIRS) has unveiled a new Electronic and Automated platform for taxpayers to file transfer pricing declaration and disclosures with a view to block leakage in tax collection in the country.
The Oyo State Government has announced that users of tricycles and motorcycles for commercial purposes within its borders have been granted an extension of two weeks to comply with the state government’s directives to paint their vehicles in the State colours of chocolate brown and yellow.
The Executive Chairman, Federal Inland Revenue Service (FIRS), Mr. Muhammad Nami, has cautioned Ministries, Departments and Agencies MDAs to desist from spending at source revenues collected on behalf of the Federal Government
Niger State Governor and Chairman, North Central Governors’ Forum, Abubakar Sani Bello, has said that there is an urgent need for the diversification of the Nigerian economy as a result of the volatility in the global price of crude oil.
Following the confirmed cases of the novel Coronavirus (COVID-19) in Nigeria, the Bauchi State Government has intensified surveillance activities at the Abubakar Tafawa Balewa International Airport in Bauchi.
Public Accounts Committee, PAC, of the House of Representatives on Thursday queried the Executive Chairman of the Federal Inland Revenue Commission, FIRS, Alhaji Mohammed Nami, over late and non submission of the audited accounts.
The Tax Appeal Tribunal, Lagos Zone, has ruled as lawful an assessment in additional tax liability of N1.738,481,875.33 issued to Prime Plastichem Nigeria Limited (PPNL) by the Federal Inland Revenue Service (FIRS) as the correct income tax which the PPNL should pay on its profit for doing business in Nigeria under the provisions of Transfer Pricing Regulation No1 2012.
The Oyo State Government has warned event planners, owners of event centres, religious centres and club owners to desist from indiscriminate closure of public roads, noting that it intensifies gridlocks on roads around them.
The Federal Inland Revenue Service, FIRS, is seeking the cooperation of the Lagos Inland Revenue Service, LIRS, to realise its N8.5 trillion revenue target to fund the 2020 budget.
Governors on the platform of the All Progressives Congress under the aegis of Progressive Governors’ Forum (PGF) have congratulated their national chairman, Adams Oshiomhole, on the occasion of his 68th birthday.
The Oyo State COVID-19 Task Force said the state has recorded another positive case, bringing to nine the total of positive cases in the state.
Williams, who played a young Barry Allen in eight episodes of The CW series, suddenly passed away on Thursday (April 2), the cause of his death has not been reported.
Several vehicles and tricycles were on Saturday impounded by the Abia State Joint Taskforce on Enforcement of lockdown over COVID-19 pandemic.g
Pink, 40, revealed Friday night that she had caught and recovered from a case of the novel coronavirus COVID-19.
The Nigerian Senate has announced the decision by Distinguished Senators to contribute 50 percent of their salaries to the efforts to respond to the spread and treatment of Coronavirus in Nigeria.
The number of coronavirus infections in South Korea passed the 10,000 mark, health authorities said on Friday, with 86 new cases recorded since the previous day.
He explained that the isolation was done in line with the protocol of the Nigeria Centre for Disease Control (NCDC), to ascertain the health status of returning travellers on coronavirus (COVID-19).
The Federal Government has announced a further reduction in the Premium Motor Spirit (PMS)’s pump price to N123.50 per litre.
Inter Milan will not activate the buyout clause on Alexis Sanchez and a clause in the Chilean’s contract means the English club must pay him that amount of money.