Sam Diala, THEWILL

August 22, (THEWILL) - The Value Added Tax (VAT) has entered the arena of another legal battle. This time, the stage is the Court of Appeal at the instance of the Federal Inland Revenue Service (FIRS) over the recent...

August 22, (THEWILL) - The Petroleum Industry Bill (PIB) recently signed into law, has triggered mixed reactions among stakeholders who are directly or indirectly affected by the legislation.  They point to the rain of cash and web of controversy they...

August 21, (THEWILL) - The Central Bank of Nigeria (CBN) says it will sanction microfinance banks (MfBs) found to be engaged in activities that are beyond their mandate of non-wholesale banking. The CBN explained in a circular to all MfBs...

Created on August 7, 1991, out of old Anambra, Enugu state is located in South-East Nigeria. The capital, Enugu, was the headquarters of the old Eastern Nigeria, now made up of the South-East and part of the South-South geo-political...

August 19, (THEWILL) - Anambra State was first created in February 1976 from then East Central State. Its present status excludes Enugu which was carved out in August 1991 with the valley of the lower Anambra River, which is...

August 18, (THEWILL) - Despite the prevailing difficult macro-economic environment, Sterling Bank Plc, , has reported a profit after tax (PAT) of N5.691 billion for the first half of 2021. This was achieved on gross earnings of N68.609 billion for the...

August 18, (THEWILL) - The Chartered Institute of Taxation of Nigeria (CITN) has reacted to the recent judgment of the Federal High Court, Port Harcourt, declaring as unconstitutional the collection of the Value Added Tax (VAT) by the Federal Government...

August 15, (THEWILL) - Nigeria’s major Fast-Moving Consumer Goods (FMCG) firms listed on The Exchange recorded significantly impressive performance in their half-year (H1 2021) operations. The results were far beyond industry expectations. There are no less than 35 registered...

August 12, (THEWILL) - The Central Bank of Nigeria (CBN) says it will impose stiff sanctions on individuals and corporate bodies, including banks, that violate the newly introduced foreign exchange policy. It also disclosed that the forex process has been...

August 08, (THEWILL) - The deepening slump in foreign investment in Nigeria signals a bad omen for the economy and should worry those in the position to halt the adverse trend.  While the inauspicious development has severe implications on every...