BUSINESS

Polaris Bank set to Boost Nigerian’s Digital Banking Ecosystem, Unveils a New Digital Bank

Daily Dispatch May 16, 2021

With the rising opportunities in the e-payment systems accelerated by the COVID-19 era sweeping across the world, there are indications that one of Nigeria’s leading retail franchise, Polaris Bank, has thrown its hat into the ring as it unveils a new digital Bank.  Feelers indicate that

BUSINESS

FG generates N392bn as company income tax in Q1’21

Daily Dispatch May 12, 2021

The federal government generated N392.77 billion as Company Income Tax (CIT) in the first quarter of this year (Q1’21).  This represents a 33 percent quarter-on-quarter (QoQ) increase in CIT when compared with N295.7 billion generated in Q4’20. In its CIT by Sector Report for Q1’21 released today, the National Bureau of Statistics, NBS, said that […]

BUSINESS

‘60 agencies failed to remit N3trn revenue in six years’ – Sen. Adeola

Daily Dispatch May 10, 2021

Senate Committee on Finance has revealed that 60 government-owned enterprises failed to remit a total of N3trillion in six years, contrary to provisions of the constitution and Fiscal Responsibility Act. Chairman of the committee, Solomon Adeola, who revealed the development to journalists, yesterday, stated that the breach was uncovered during the panel’s ongoing

BUSINESS

Ogun govt. re-affirms commitment to boost agric sector

Daily Dispatch May 9, 2021

The need to boost food security, job creation and industrialisation, through an established agricultural agenda, to the reviving of Ogun State economy has been restated. Commissioner for Agriculture, Dr. Adeola Odedina who made this known while receiving Award of Excellence, presented to him by delegates from Ogun State Chambers of Commerce, Industry, Mines and Agriculture

BUSINESS

FIRS to deduct tax from defaulters’ bank accounts

Daily Dispatch May 5, 2021

The Federal Inland Revenue Service (FIRS) has threatened to deduct tax liabilities from defaulters’ bank accounts. It said in a statement in Abuja, Wednesday, that the move was being considered, “following rising cases of willful and illegal withholding of taxes collected by companies, corporations, Ministries, Departments, and Agencies (MDAs) and other agents of

BUSINESS

Polaris Bank empowers 188 Nigerians in its Save and Win grand finale draw

Daily Dispatch May 3, 2021

Polaris Bank empowers 188 Nigerians, gives away N26 million to customers in its Save & Win grand finale drawSix Nigerians on Thursday emerged millionaires in the Polaris Bank ‘Save and Win’ grand finale promo draws.The millionaires include: Williams F. Atinuke, a customer of Ikorodu Local Govt branch; Bello G. Amthe, a customer of Maiduguri branch […]