Business

All the recent business news in Nigeria, economy and industry updates.

Used vehicles import crashes 40% with customs’ valuation scheme

Importation of used vehicles dropped by 40 per cent in 2022 following the implementation of the Vehicle Identification Number (VIN) valuation system b

LIRS reaffirms January 31 deadline for filing of Annual Tax Returns

The Lagos State Internal Revenue Service (LIRS) has announced that January 31 remains the deadline for filing the annual tax returns by employers of l

New naira notes: National Assembly, Emefiele differ on deadline extension

The National Assembly yesterday renewed its call on the Central Bank of Nigeria (CBN) to extend the deadline for the withdrawal of the old notes from

CBN debunks N89tn Stamp Duty claim, says N370.686bn was collected by banks

The Central Bank of Nigeria (CBN)  has debunked claims that it is holding on to N89 trillion stamp duty collection. The CBN Governor, Godwin Emefiele,

Lagos Light Rail kicks off as Buhari takes a ride

President Muhammadu Buhari yesterday took a ride on the 13 km Phase One of the Lagos Rail Mass Transit (Blue Line) signaling the commencement of opera