July 11, 2026
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BUSINESS

BUSINESS

Pakistan imports Nigeria’s LNG

Pakistan has begun the importation of Nigeria’s Liquefied Natural Gas as part of efforts to deepen the economic relationship between the two nations. Pakistan Head of Chancery, Asim Khan, said on Tuesday in Abuja that the first consignment of 70,000 metric tonnes of the gas had arrived at Pakistan’s Port Qasim in Karachi. Khan said […]
BUSINESS

FIRS seals companies in Lagos, Port Harcourt

The Federal Inland Revenue Service on Monday shut down tax-defaulting companies in Lagos and Port Harcourt, the Rivers State capital. This came barely 24 hours after the Federal Government made known its plan to write hundreds of prominent Nigerians about their tax status. Those affected by the enforcement exercise led by Mrs. Anita Erinne of […]
BUSINESS

FIRS sealed plaza over N150million tax

Federal Inland Revenue Service Task Force on Tuesday sealed the premises of Dansarari plaza for failing to remit company income tax valued at N150milliom. FIRS task force who storm the premises this afternoon, ordered evacuation of all movable assets such as vehicles. The plaza located Ziguinchor Street Wuse Zone 4, Abuja. According to FIRS, the […]
BUSINESS

NNPC, FAAC to parley on Monday over discrepancies

The Nigerian National Petroleum Corporation (NNPC) and the Federation Accounts Allocation Committee (FAAC) will tomorrow meet to reconcile the discrepancies in data submitted at its last meeting. The FAAC meeting was last Thursday, called off due to discrepancies in the oil revenue receipt reported by the NNPC. The corporation has insisted that it remitted all […]
BUSINESS

VAIDS: FG recruits 2,190 tax officers

The Federal Government has recruited and trained 2,190 Community Tax Liaison Officers (CTLOs) under the Voluntary Assets and Income Declaration Scheme (VAIDS), says the Minister of Finance, Mrs Kemi Adeosun. Adeosun, in a statement by her Special Adviser, Media and Communications, Mr Oluyinka Akintunde, said that 1,710 CTLOs had already been deployed to 33 states, […]