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Business

FIRS Chairman Allays Fears On Increased Tax Rates

<div><img width="300" height="170" src="https://www.naijanews.com/wp-content/uploads/2023/09/Zacch-Adedeji-300x170.png" class="attachment-medium size-medium wp-post-image" alt="Zacch Adedeji" decoding="async" style="margin-bottom: 15px;" fetchpriority="high" srcset="https://www.naijanews.com/wp-content/uploads/2023/09/Zacch-Adedeji-300x170.png 300w, https://www.naijanews.com/wp-content/uploads/2023/09/Zacch-Adedeji-1024x581.png 1024w, https://www.naijanews.com/wp-content/uploads/2023/09/Zacch-Adedeji-768x436.png 768w, https://www.naijanews.com/wp-content/uploads/2023/09/Zacch-Adedeji.png 1512w" sizes="(max-width: 300px) 100vw, 300px" /></div> <p>The acting chairman of the Federal Inland Revenue Service, Zacch Adedeji, has assured corporate organisations that there are no plans to increase tax rates following the resolution to increase the country’s tax-to-GDP ratio from 10.86 per cent to 18. The plan had triggered muffled apprehensions among corporate entities that the decision could cause an increase […]</p> <p>The post <a rel="nofollow" href="https://www.naijanews.com/2023/10/19/firs-chairman-allays-fears-on-increased-tax-rates/">FIRS Chairman Allays Fears On Increased Tax Rates</a> appeared first on <a rel="nofollow" href="https://www.naijanews.com">Naija News</a>.</p>

mingooland · · 3 min read
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Business

Naira Weakens To N1,100 on Parallel Market as Dollar Supply Shrinks

<p> “It must be emphasised that CBN does not have a magic wand that can be waved at the current economic challenges,” said Cardoso. </p> <p>The post <a rel="nofollow" href="https://www.arise.tv/naira-weakens-to-n1100-on-parallel-market-as-dollar-supply-shrinks/">Naira Weakens To N1,100 on Parallel Market as Dollar Supply Shrinks</a> appeared first on <a rel="nofollow" href="https://www.arise.tv">Arise News</a>.</p>

mingooland · · 4 min read
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Business

FIRS Issues 2-Week Ultimatum For Remittance of VAT and Withholding Tax, Embarks on Compliance Evaluation

<p> The federal government raked in N709.59 billion from VAT in the first quarter of the year, according to the National Bureau of Statistics.</p> <p>The post <a rel="nofollow" href="https://www.arise.tv/firs-issues-2-week-ultimatum-for-remittance-of-vat-and-withholding-tax-embarks-on-compliance-evaluation/">FIRS Issues 2-Week Ultimatum For Remittance of VAT and Withholding Tax, Embarks on Compliance Evaluation</a> appeared first on <a rel="nofollow" href="https://www.arise.tv">Arise News</a>.</p>

mingooland · · 3 min read
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Business

South Africa Showcases Golf Tourism Potential in Lisbon

<p>Between January and August 2023, a total of 5,473,927 arrivals were recorded, reflecting an astounding 63.4% increase compared to the same period in the previous year. </p> <p>The post <a rel="nofollow" href="https://www.arise.tv/south-africa-showcases-golf-tourism-potential-in-lisbon/">South Africa Showcases Golf Tourism Potential in Lisbon</a> appeared first on <a rel="nofollow" href="https://www.arise.tv">Arise News</a>.</p>

mingooland · · 3 min read
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Business

Okonjo-Iweala Calls for Enhanced Efforts to Boost Access to Trade Finance 

<p> “Only up to 25 per cent of trade is supported by trade finance in these regions, compared to 60-80 per cent in advanced economies.”</p> <p>The post <a rel="nofollow" href="https://www.arise.tv/okonjo-iweala-calls-for-enhanced-efforts-to-boost-access-to-trade-finance/">Okonjo-Iweala Calls for Enhanced Efforts to Boost Access to Trade Finance </a> appeared first on <a rel="nofollow" href="https://www.arise.tv">Arise News</a>.</p>

mingooland · · 4 min read
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Business

To Address Fiscal Gap in 2023 Budget, Nigeria Seeks Fresh $1.5bn Loan Facility From World Bank

<p>It vowed that the Tinubu administration will not breach Ways and Means limits.</p> <p>The post <a rel="nofollow" href="https://www.arise.tv/to-address-fiscal-gap-in-2023-budget-nigeria-seeks-fresh-1-5bn-loan-facility-from-world-bank/">To Address Fiscal Gap in 2023 Budget, Nigeria Seeks Fresh $1.5bn Loan Facility From World Bank</a> appeared first on <a rel="nofollow" href="https://www.arise.tv">Arise News</a>.</p>

mingooland · · 6 min read
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