Business

The Executive Chairman, Delta State Internal Revenue Service Sir Monday John Onyeme has stated that the revenue service under his leadership has ventured into other unconventional and largely untapped revenue outside the regular PAYE, Withholding taxes, Road taxes etc. Speaking Yesterday Thursday 7/10/21 at the Conference Hall, Revenue Service Headquarters during a meeting with head of stations, units heads, Directors and consultants, ONYEME noted that the primary assignments of the service to to generate revenue…

Naira fell against the U.S dollar at the parallel market on Wednesday, after the Central Bank of Nigeria (CBN) announced that it has ended the sales of forex to Bureau De Change operators. Data recorded on abokiFX.com, a website that collates the parallel market rates in Lagos, showed that naira traded at N522.00 per $1 in the midday on Wednesday. However, at the importer & exporter (I&E) window, it traded moderately to at N411.50 per dollar. Recall the…

By KAYODE OYERO The Department of Petroleum Resources says the pump price of petrol in Nigeria may rise up to as much as N1000 per litre when the petrol subsidy regime comes to an end without an alternative energy source. DPR Director, Sarki Auwalu, stated this while responding to questions and comments generated by a paper he delivered in Lagos, recently, at the Second Quarter, 2021 Business Dinner of Petroleum Club Lagos. Responding to the…