The Federal Inland Revenue Service (FIRS) says it has inaugurated a national intelligence gathering system to gather data and track tax evaders and defaulters across the country. According to a statement released by Abdullahi Ismaila, the FIRS director of communications and liaison department, the tracking system will be used in collaboration with financial institutions and […]

Chinese President Xi Jinping has promised tax cuts and other forms of support for businesses as the government tries to alleviate the effects on the economy of the coronavirus outbreak, code-named COVID-19, that has infected tens of thousands of people and cordoned off entire regions. Scientists in China code-named the virus COVID-19 to mean CO-for

Vice president Yemi Osinbajo has said that the raise in the rate of value added-tax in Nigeria from five per cent to seven point five is still the lowest in Africa. Osinbajo spoke on the issue in Lafia while inaugurating the national micro-small and medium enterprises clinic. The vice president acknowledges the complaints in some

Nancy Pelosi disclosed a $4.8 million purchase of Amazon shares and $720,000 purchase of Facebook shares in a filing Tuesday. Her husband, investor and venture capitalist Paul Pelosi, made the buys, according to Barrons’s . He did so by exercising call options he held on both companies’ stock, which allowed him to buy into both names at