Upon the effluxion of the amnesty provided by the Voluntary Assets and Income Declaration Scheme (VAIDS) set up by the Federal Government of Nigeria through the Federal Ministry of Finance, the Joint Tax Board (JTB) in collaboration with the Federal Inland Revenue Service (FIRS) would immediately commence a “full scale Enforcement Exercise” on defaulting taxpayers….
CUDE oil prices plunged roughly seven per cent on Tuesday as both the American and world benchmarks fell below $100 a barrel. According to New York Times, the Chinese economic outlook, dimmed by lockdowns to contain COVID-19 outbreaks, appeared to be the major cause of the decline, along with increasing signs of a global economic…
The Lagos State Residents Registration Agency (LASRRA) has announced that all is set for formal launch of the upgraded Lagos State Resident Identity Card (LAG ID Card). Announcing the launch date, the General Manager, LASRRA, Engr. (Mrs.) Ibilola Kasunmu, said the new LAG ID Card will be launched on Wednesday, July 20 by the Lagos…
Prof. Anthony Kila and Mr. George Uriesi, the, the Centre Director at the Centre for International Advanced and Professional Studies (CIAPS) and Chief Operating Officer (COO) of Ibom Air, respectively are among the dignitaries that would participate at the forthcoming 26th annual conference of the League of Airport and Aviation Correspondents (LAAC). The conference with…
The Manufacturers Association of Nigeria (MAN) has warned of the looming dangers that the sharp increase in the price of diesel portends for the manufacturing sector and the larger economy, if urgent measures are not taken. Director General, MAN, Mr. Segun Ajayi-Kadir, stated this in a statement made available to Vanguard on Friday.Ajayi-Kadir stated: “MAN…
Airtel Africa disclosed Friday it has settled nearly half of its $1 billion guaranteed senior notes set for maturity in May 2024, barely a fortnight after it made a call for redemption to investors. The bond had been priced at 5.35 per cent originally at issue, according to a statement seen by PREMIUM TIMES. But…
Global food commodity prices fell in June for the third consecutive month, the Food and Agriculture Organisation of the United Nations (FAO) has said. The fall was led by declines in the international prices of vegetable oils, cereals and sugar, while dairy and meat prices increased, according to details highlighted in the Food Price Index…
Red Star Express Plc has declared a Group Profit Before Tax of N413.9 million for the year ended 31 March, 2022, an impressive increase of about 87%, from the sum of N220.8 million recorded in the same period of 2021. The information was disclosed in a statement of comprehensive Income released Wednesday by the Management…
The officials of the Nigeria Immigration Service (NIS), Murtala Muhammed Airport (MMA), Lagos Command has arrested two travellers over stolen and fake international passports. The travellers, Melekwe Gift and Melekwe Peace who were on their way to India were arrested aboard Qatar Airways flight on June 23, 2022. A statement by Mrs. Louisa Amadiokoro, the…
