FG bans cash tax collections, roadblocks in presumptive tax regulations

By Seun Ibiyemi In a decisive move to curb arbitrary tax enforcement and protect small businesses, the federal government on Tuesday unveiled new presumptive tax regulations that ban cash collections and roadside enforcement by subnational authorities for informal businesses. The announcement marks a major shift from legislation to practical implementation of Nigeria’s tax reforms. Read…

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PETROAN urges urgent crude supply to local refineries

By Seun Ibiyemi The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has called for urgent measures to consolidate and strengthen Nigeria’s domestic refineries through the provision of adequate and consistent crude oil supply, citing escalating geopolitical tensions in the Middle East. National President of PETROAN, Dr. Billy Gillis-Harry, made the call on Tuesday…

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Wike rules out ADC, declares support for Tinubu-aligned candidates

By Adeyemi David Federal Capital Territory (FCT) Minister Nyesom Wike has said the African Democratic Congress (ADC) will not succeed in next year’s elections, while declaring that he will support only candidates who align with President Bola Ahmed Tinubu’s re-election bid. Speaking during his first live media chat of the year at his official residence…

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Nigerian Exchange Group appoints Jumoke Olaniyan as CSO

Nigerian Exchange Group (NGX Group) has confirmed the appointment of Ms. Jumoke Olaniyan as its Group Chief Strategy Officer, a move aimed at strengthening executive leadership as the organisation advances its next phase of strategic growth and digital transformation. The Group announced the development on Monday, stating that the appointment would reinforce its drive for…

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FG orders MDAs to follow MTEF for stronger budget discipline

By Seun Ibiyemi The Federal Government has directed all Ministries, Departments, and Agencies (MDAs) to strictly comply with the Medium-Term Expenditure Framework (MTEF) as part of efforts to strengthen budget credibility and promote fiscal discipline. Read also:Obasanjo praises Tinubu’s administration, outlines development agenda Secretary to the Government of the Federation, Sen. George Akume, issued the…

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Tinubu orders strict PPP compliance for national gas command centre

President Bola Tinubu has directed the Infrastructure Concession Regulatory Commission (ICRC) to enforce strict Public-Private Partnership (PPP) compliance in the implementation of the National Gas Infrastructure Command Centre (NGCC), insisting the project must be fully privately financed without recourse to public funds or sovereign guarantees. The Director-General of the ICRC, Jobson Ewalefoh, disclosed this in…

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