For business and economic news from around the world
WorldStage Newsonline– The Comptroller-General of the Nigeria Customs Service (NCS), Col. Hameed Ali (rtd) has blamed factors such as unpredicted stock market and fiscal polices of government such as waivers and concessions for the shortfall in revenue collection in 2022.
Nigeria Customs blames stock market, waivers, concessions for N400b shortfall in 2022 revenue target Read More
WorldStage Newsonline– The Board of Directors of the African Development Bank (AfDB) Group, has approved a dual-currency Trade Finance Line of Credit (LoC) for ECOWAS Bank for Investment and Development (EBID).
AfDB approves $50m, €50m credit for ECOWAS bank, as finance for women hits $1b Read More
WorldStage Newsonline– Nigeria’s public debt stock increased from N42.84 trillion (103.31 billion dollars) in the second quarter of 2022 to N44.06 trillion (101.91 billion dollars) in the third quarter of 2022.
Nigeria’s public debt stock increases to N44.06trn in Q3 2022 – NBS Read More
The Management of Kwara State Internal Revenue Service (KW-IRS) is dismayed at the unfair and untrue claims by NAPPS that the agency is imposing double taxation on its members, introducing new taxes, or blocking them from registering their students for external examinations. These claims are false and unfortunate.
KW-IRS says no double taxation or new tax in Kwara Read More
WorldStage Newsonline– The Nigeria Customs Service (NCS), Ports and Terminal Multiservice Ltd. (PTML) Command, has generated N229.5 billion in 2022.
PTML Customs command generates N229.5b revenue in 2022 Read More
WorldStage Newsonline– The Nigerian Maritime Administration and Safety Agency (NIMASA) has issued a 72-hour ultimatum to the Primary Lending Institutions (PLIs), to release modalities for the disbursement of 350 million dollars Cabotage Vessels Finance Fund (CVFF).
NIMASA approves Zenith Bank, Polaris, UBA, Jaiz, Union Bank to disburse $350m Cabotage fund Read More
WorldStage Newsonline– The Nigeria Customs Service (NCS), Murtala Muhammed International Airport (MMIA) Command, says it generated N20.9 billion between January and December 2022.
Customs generates N20.9b at Lagos airport in 2022 Read More
WorldStage Newsonline– The Bill & Melinda Gates Foundation (BMGF) says it will spend $8.3 billion to fight poverty, disease, and inequity in 2023.
Bill & Melinda Gates Foundation to spend $8.3b to fight poverty in 2023 Read More Kwara State Government hereby challenges Akogun Iyiola Oyedepo to a live public debate over his claim that the administration received the sums of N337bn from June 2019 to December 2021, as widely reported across various social media platforms. He is yet to deny saying so.
Kwara Govt challenges Iyiola Oyedepo to public debate over N337b revenue claim Read More
WorldStage Newsonline– The Nigeria Employers’ Consultative Association (NECA) has expressed dissatisfaction over some of the provisions of the financial bill including the increased Tertiary Education Tax (TET) from 2.5 per cent to 3.0 per cent.
NECA worries over legacy of taxes on businesses Read More