BUSINESS NEWS

Lottery Commission seeks collaboration with FIRS

Daily Dispatch June 3, 2021

Ahead of its planned National Gaming Conference, slated for July, the Management of the National Lottery Regulatory Commission (NLRC) has expressed its readiness to collaborate with the Federal Inland Revenue Service (FIRS) on all areas of mutual interest in fostering increased revenue

BUSINESS

FIRS Requires Taxpayers to File VAT and CIT Returns on the e-Filing Platform

Daily Dispatch June 3, 2021

In keeping with its mandate to digitize tax administration in Nigeria, the Federal Inland Revenue Service (FIRS) now requires all taxpayers to file their Companies Income Tax (CIT) and Value Added Tax (VAT) returns exclusively on the updated FIRS e-filing platform. The login details to access the platform are the same as those used for corporate […]

BUSINESS

Polaris Bank Highlights Uniqueness, Benefits Of VULTe To Customers

Daily Dispatch June 3, 2021

Polaris Bank has restated that its newly-launched digital banking platform, VULTe, is a quick self-service innovation aimed at delivering greater value and benefits to existing and new customers of the Bank. The Chief Digital Officer (CDO) of Polaris Bank, Dele Adeyinka, while highlighting the unique features and benefits of VULTe, said that “VULTe is a […]

BUSINESS

Sylva, China’s envoy reinstates commitment to Nigeria-China relationship

Daily Dispatch May 27, 2021

The Chinese Ambassador to Nigeria, CUI Jianchun and Minister of State for Petroleum Resources for Nigeria, Chief Timipre Sylva, have met at the Minister’s office at the NNPC Towers, Abuja.  In a statement signed Thursday  in Abuja by the Special Assistant to the minister, Garba Deen Mohammed, said the two top officials agreed on excellent […]

BUSINESS

Nigeria signs oil deal to unlock $10bn investment

Daily Dispatch May 27, 2021

Nigeria has signed an offshore oil deal with Shell, Exxon, Total and Eni, that the state says will generate millions, settle disputes and open the way to a $10 billion investment. The “Execution of Oil Mining Lease (OML) 118 (Bonga) Agreements” was signed Tuesday by the local subsidiaries of the four oil majors and the […]

BUSINESS

Breaking: MPC of CBN retains all economic parameters

Daily Dispatch May 25, 2021

Maintains benchmark lending rate remains at 11.5% After the two days Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) meeting, the members of the committee have unanimously voted to retain the benchmark lending rate at 11.5 per cent on Tuesday. The CBN Governor, Godwin Emefiele made this disclosure while reading the communique […]