The Delta State Internal Revenue Service has warned taxpayers against paying money to individuals issuing fake tax demand notices and collecting revenue illegally in the name of the state government. The Chairman of the service, Solomon Ighrakpata, raised the alarm in a statement on Tuesday, saying the activities of th…
…for all of the economic losses this has cost Nigeria," the NSC official told ESPN. "The revenue that the Super Eagles and the NFF would have received from participating at the World Cup, the exposure that players would have got, transfers, the sponsorship fees, even the boost to the Nigerian economy. "We are exploring…
…tax.” The liabilities, according to the report, were due for remittance to the Nigeria Revenue Service, FCT Inland Revenue Service, Pension Fund Administrators and contractors. The Auditor-General also faulted the councils for failing to properly maintain and update their fixed asset registers. The report specifically…
…streams include keto and intermittent fasting coaching via Keto With Crystal, product revenue from Fat Kounter, brand sponsorships — including with Steel Supplements — and her salary as a Los Angeles firefighter. Her boyfriend, Joey Swoll, is reportedly worth between $3 million and $5 million.FAQsWho is Crystal Reneau?…
…Canada, saying the move is aimed at expanding access to education rather than generating revenue. Aina said the proposed centre in Ottawa would serve Nigerians living in Canada and other parts of North America who wish to sit the examination for admission into Nigerian tertiary institutions. The registrar gave the expl…
…The stronger growth performance has come alongside efforts by the government to increase revenue, reduce fiscal leakages and attract investment into critical sectors of the economy. Nigeria’s improved position in the Bloomberg ranking, however, comes against the backdrop of a substantial increase in public debt. Data f…
The Nigeria Revenue Service has sealed the headquarters of Kaduna Electric in Kaduna over alleged outstanding statutory tax liabilities, the News Agency of Nigeria reports Monday. The enforcement action is contained in a non-compliance notice posted at the entrance of the company’s premises on the order of the NRS Exec…
…sustainably. “A woman should understand the terms on which she borrows, distinguish revenue from profit, and possess the confidence to question a transaction. Financial participation loses much of its value without informed judgment,” Shettima said. He urged the beneficiaries to sustain the discipline that qualified th…
…means potential corporate penalties could exceed ₦100 million, depending on a company’s revenue and the applicable breach.Draft adds to Nigeria’s AI governance debateThe proposal comes amid wider discussions about overlapping responsibilities for consumer protection, competition, data governance and AI regulation.In Ju…
…market movements. The DMO subsequently clarified that Nigeria did not pledge crude oil revenues, airports, ports or other strategic national assets as security for the transaction. Instead, the government provided naira-denominated Federal Government securities as collateral. According to the agency, collateral of up t…
…to Makinde’s administration, including waste management and internally generated revenue, as evidence of his performance. He also dismissed concerns that Makinde’s possible emergence could undermine the South’s aspiration to produce Nigeria’s president, saying political parties and groups could form a coalition at the…
…production from about 50 bags per month to between 100 and 150 bags and grow her revenue by about 30 per cent. Founder of Fajosh Smart Enterprises, Fagbemi Joshua Oluwabori, said the programme had changed his understanding of entrepreneurship. His business provides printing, photocopying, ID-card production, photograph…
…there. We must then hold the Minister and the authorities to their promise, tracking the revenue to ensure it flows back into developing other parts of the country’s electricity infrastructure. Only then will these energy zones become a stepping stone for all of Nigeria, rather than a permanent luxury for the few. Math…
…bulk purchases, transportation and financing, while depot owners must generate enough revenue to replace stocks and sustain operations.PAY ATTENTION: From breaking news to viral moments. Follow Legit.ng on Instagram!The result is a market where prices can fall sharply even as businesses struggle with high operating cos…
…Two, MMA2, have recommended different approaches to growing the country’s aviation revenue, with the airport management agency advocating a comprehensive review of taxes, levies and charges.Although FAAN said there was a need for transparency and a review of the revenue structure across the aviation industry, the termi…
…we are taking out 300 to 600 million,” he said. He expressed optimism that improved revenue and prudent management of commitments would enable the government to settle more of the liabilities. The governor, who urged labour to look beyond confrontation, said, “The real foundation for the economy has been laid.” He cite…
…hangs in the balance.According to him, while these CBI programmes remain critical revenue sources for the Caribbean countries, the tightening global environment “imperils” their viability and “diminishes the attraction of these schemes for Nigerians who invested vast sums, leaving them facing constrained global mobilit…
…electricity theft, inadequate infrastructure, insufficient metering, estimated billing, revenue leakages and collection difficulties. The OCSC also called for greater transparency over the financial basis of the proposed subsidy phase-out, saying Nigerians should have access to information on the annual cost of the sub…
…and 2017-18 seasons. The commission concluded that the club had artificially inflated revenue through sponsorship arrangements and used mechanisms to disguise the true extent of certain liabilities. As reported by BBC Sport on Thursday, City have consistently denied wrongdoing and are expected to argue in their appeal…
…foreign exchange market. He also said Nigeria recorded its highest-ever non-oil export revenue in 2025, exceeding $6 billion. The President declared that the administration had moved from what he described as the “age of reform” to an “age of prosperity”, with the priority now being to reduce the cost of living and pro…
…stability in the foreign exchange market. Tinubu said Nigeria recorded its highest revenue from non-oil exports in 2025, exceeding $6 billion. “This is real money being made by real Nigerian businesses,” he said. The President said international observers, journalists, non-governmental organisations and multilateral in…
…getting paid faster, young entrepreneurs accessing digital tools, governments collecting revenue more efficiently, consumers transacting with dignity and convenience. Culture and purpose are competitive advantages.In fast-moving markets, strategy will change, products will pivot, but a clear sense of purpose and a stro…
…reserves had been rebuilt, the foreign exchange market had stabilised and non-oil export revenue exceeded $6 billion in 2025. “These are not idle claims. International observers, journalists, NGOs and multilateral institutions can see the change,” Tinubu said. He said Nigeria had reached a turning point, with the gover…
…the removal of the petrol subsidy, foreign exchange reforms, efforts to improve domestic revenue mobilisation, and monetary and fiscal measures as some of the steps taken by the administration. He acknowledged that the reforms had created significant short-term difficulties for Nigerians but said there were signs of ma…
…attain and preserve investment-grade status. Key themes will include fiscal discipline, revenue mobilisation, debt sustainability, economic diversification, policy credibility, and institutional efficiency, alongside an analysis of rating methodologies, upgrade drivers, and access to international capital. The forum co…