LAGOS DECEMBER 28TH (NEWSRANGERS)-The Federal Capital Administration has introduced a curious five percent consumption tax in Abuja. This brings to 12.5 percent of consumption tax that consumers pay whenever they pick up items in restaurants, bars, clubs and hotels. Investigation revealed that restaurants, eateries, fast food joints are charging a 5 percent consumption tax on…
LAGOS FEBRUARY 28TH (NEWSRANGERS)-Nigeria has imposed a mandatory annual levy for organisations employing expatriate workers, requiring them to pay $15,000 (£12,000) for a director and $10,000 for other categories. The move is meant to encourage foreign companies to employ more Nigerian workers. Staff of diplomatic missions and government officials are exempt. President Bola Tinubu has…
LAGOS DECEMBER 6TH (NEWSRANGERS)-The Supreme Court on Tuesday imposed a fine of N40 million on a Senior Advocate of Nigeria (SAN), Mike Ozekhome, for filing frivolous, vexatious and irritating motion before the court in respect of Imo governorship tussle decided since 2019. Ozekhome was handed the fine for bringing a motion before the apex court…
LAGOS DECEMBER 19TH (NEWSRANGERS)-Lagos State Governor, Mr. Babajide Sanwo-Olu on Friday said Lagos may slip into a second wave of Coronavirus pandemic, if residents failed to comply with the precautionary measures against the spread of virus. The governor disclosed that of every 100 tests that the state has performed, an average of 10 turn out…