FIRS gets N23b unpaid tax from corporate firms

The Federal Inland Revenue Service (FIRS) has generated over N23billion in unpaid taxes from the recently suspended substitution exercise on corporate bank accounts, marked by the imposition of restriction on the accounts of tax-defaulting organisations. FIRS Chairman, Babatunde Fowler, who spoke in Lagos yesterday at the Manufacturers Association of Nigeria (MAN) Interactive Forum on Tax…

NCC tackles Google over free Wi-Fi

Investigations by the Nation revealed that the Nigerian Communications Commission (NCC), the regulatory body for telecommunications in the country, has reported global internet giant, Google, to the Federal Government for evading regulatory oversight in its bid to expand its ‘free’ Wi-Fi deployment in Nigeria. Google is currently rolling out the ‘free’ Wi-Fi service in Lagos…

Bayelsa, SAHCO sign MoU on airport operations

The Bayelsa State Government and Skyway Aviation Handling Company Plc have signed a Memorandum of Understanding on ground handling services for Bayelsa International Airport. With the agreement, SAHCO is expected to provide passenger handling services, ramp handling, cargo and warehousing, among other aviation ground handling activities at the new airport. The Manager, Corporate Communications, SAHCO,…

CBN licensed 898 microfinance banks

 The number of microfinance banks licensed in the country by the Central Bank of Nigeria stood at 898 as of February 13, 2019. The CBN disclosed this in a list it released on the recognised microfinance banks in the country on Thursday. Earlier, the Central Bank Governor, Godwin Emefiele, disclosed that the CBN planned to…