AdminMercedes-Benz UNVEILS car prototype driven by the mind
The automotive giant Mercedes-Benz on Monday, at the International Motor Show which was held in Munich, Germany, unveiled a prototype of a car inspired by the movie ‘Avatar’ that would…
RIVERS MOVE VAT battle to Supreme Court
The Rivers State Government has approached the Supreme Court, challenging the order by the Court of Appeal that parties should maintain status quo in the Value Added Tax dispute. In…
states should NOT collect VAT —Umahi
Ebonyi State Governor David Umahi says the state is not in support of Rivers, Lagos and other states in their moves to collect Value Added Tax. Umahi stated this at…
FIRS may lose N92bn revenue to states
If the judgement of the Federal High Court asking states government to collect Value Added Tax in their domain is upheld by the Appeal Court, the Federal Inland Revenue Service…
NNPC refineries generate zero revenue, pay workers N69bn
Workers at the government-owned refineries were paid a total of N69.07bn last year, even as the plants generated zero revenue as they did not process a single barrel of crude…
FIRS workers fear cut in salaries FOLLOWING VAT ROWS
The dispute between the Federal Inland Revenue Service and some states over the collection of Value Added Tax seems to be taking a new turn by the day as two…
Forex ban: Identities of defaulters’ll be REVEALED, banks alert customers
The identities of defaulters who circumvent the Central Bank of Nigeria’s policy on Foreign Exchange will be published, banks have notified their customers. UGAMATV had reported that CBN recently directed all…
Desperation as FIRS writes National Assembly, seeks exclusive power on VAT
The Federal Inland Revenue Service, in a desperate bid to retain the collection of the Value Added Tax, has written the National Assembly, seeking the inclusion of VAT collection in…
I don’t care if heaven falls-Wike warns oil companies Says Rivers VAT not for Abuja people
Rivers State Governor, Nyesom Wike, on Wednesday, insisted on going on with his move to stop the Federal Government from collecting Value Added Tax from the oil-rich South-South state. Wike,…
Bitcoin, others pose danger to global economy -EFCC boss
The Chairman, Economic and Financial Crimes Commission, Abdulrasheed Bawa, has said Bitcoin and other cryptocurrencies portend huge risks to the world economy. According to him, many criminals now play significant…
