FIRS targets 80% revenue from non-oil sector in next 3 years Olusegun Kugbayi Nov 6, 2019 The Federal Inland Revenue Service (FIRS) says non-oil sector will contribute 80 per cent of the country’s revenue in the next!-->…
African Govts eyeing over $1tr infrastructure investment fund Olusegun Kugbayi Aug 27, 2019 Nigeria and other African countries are targeting Value Added Tax (VAT) revenue from the over $1trillion infrastructure!-->…
FIRS will exceed N5.32trn revenue collection in 2019 – Fowler Oluwadamilare Emmanuel May 22, 2019 The Federal Inland Revenue Service (FIRS) on Tuesday said it will surpass in 2019 the N5.32 trillion it generated in 2018. The!-->!-->!-->…
Dangote Cement records fall in revenue, profit in Q1 2019 Oluwadamilare Emmanuel Apr 27, 2019 Dangote Cement, the flagship company of Africa’s richest man, Mr Aliko Dangote, on Friday, April 26, 2019, released its financial!-->…
RMAFC to recover N100b stamp duty funds from banks Oluwadamilare Emmanuel Apr 8, 2019 The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), says it will soon commence probe of banks over stamp duties!-->…
FG allays fears over borrowing plans, says revenue growing steadily Oluwadamilare Emmanuel Feb 2, 2019 The Minister of Finance, Mrs Zainab Shamsuna Ahmed, has assured Nigerians that there is no cause for alarm over Federal!-->…
Nigeria generated $17.05b revenue from oil, gas sector in 2016 –… Oluwadamilare Emmanuel Dec 22, 2018 Nigeria generated $17.05 billion from the oil and gas sector in 2016 representing a 31 per cent decline on the $24.79 billion…
FIRS targets N5.3trn revenue before year end Oluwadamilare Emmanuel Dec 13, 2018 The Federal Inland Revenue Service (FIRS) generated N5 trillion in the second week of this month. It said by the end of this…
Nigeria battling with serious revenue problem –Budget Office Oluwadamilare Emmanuel Oct 25, 2018 The Director of Budget in the Ministry of Budget and National Planning, Ben Akabueze on Wednesday declared that Nigeria is…
Dwindling economy: IMF urges Nigeria to diversify, increase non-oil revenue Oluwadamilare Emmanuel Oct 11, 2018 The International Monetary Fund (IMF) has advised Nigeria to explore ways of increasing its revenue outside its traditional base…