Senate probes non-remittance of taxes to state governments

Senate probes non-remittance of taxes to state governments

The Senate on Tuesday directed its Committees on Banking, Insurance and other Financial Institutions and Finance to investigate non-remittance of taxes on bank deposits and dividends payment due to state governments.

FG, States, LGs share N647.35bn for January

FG, States, LGs share N647.35bn for January

The Federal, States and Local Governments on Wednesday shared a total of N647.35 billion for the month of January as the Federation Account Allocation Committee (FAAC) meeting ended in Lagos.

SON destroys N480 million mobile phone accessories

SON destroys N480 million mobile phone accessories

Standards Organisation of Nigeria (SON) Tuesday destroyed substandard mobile phone accessories worth over N480 million.

SEC to state governments: Establish Companies to boost IGR

SEC to state governments: Establish Companies to boost IGR

The Securities and Exchange Commission Nigeria (SEC) on Tuesday advised state governments to establish companies for specific target projects in order to boost their Internally Generated Revenue (IGR).

Customs intercepts $8m at Lagos Airport

Customs intercepts $8m at Lagos Airport

Comptroller-General of Customs, Col. Hameed Ali (Rtd) on Tuesday disclosed that the Custom Command at the Murtala Mohammed International Airport had intercepted 8.06 million U.S. dollars from the airport.

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