Monday, November 30, 2009

[News Update] Still on Tax from Churches, Mosques ...as Amb. Arraigned for Corruption in Naija

 

Latest from the authoritative, factual and accessible magazine Economic Confidential www.economicconfidential.com
 

TAX MATTERS

Re: Churches and Mosques Must Pay Taxes

By Dr. John Edemode,

Your publication (Economic Confidential print edition) for the Month of November 2009 p.12 refers. FIRS notes and appreciates your continued partnership and support in its publicity, information, education and sensitization for pro-tax attitude and behavior to Nigerian taxpayers. However, it needs to be pointed out that your caption and the intro as contained in the above story were completely at variance with the direct statements of the Executive Chairman, Federal Inland Revenue Service which you quoted in the body of the report… Read

 

Corruption Index: The Ranking of Nigeria from 1995 – 2009

In the last 15 years of the annual report on Corruption Perception Index by the Transparency International, in three instances Nigeria came last position while in 4 different years it was in  second-to-the-last position. In a table computed by Prof Mobolaji Aluko, a columnist with the Economic Confidential magazine indicates that… See Table.

 

Daring Scammers Forged Senate President's Cheque … As EFCC Arraigned Nigerian Ambassador on Corruption Charges

The Economic and Financial Crimes Commission, EFCC arraigned three men over the theft and forgery of the Senate President David Mark's cheque before a Federal Capital Territory High Court presided over by Justice Sunday Aladetoyinbo just as it arraigned a former Nigerian Ambassador to Spain Mamman Yusuf over corrupt practices… Read

 

Prospects For Domestic Petroleum Refining In Nigeria: A Note Of Caution

By Ekpen J. Omonbude, PhD

Recently, there has been an increase in media reports of private investors who have gone as far as having made final investment decisions on the construction or installation of petroleum refineries in Nigeria. While these reports carry varying degrees of validity, they point at what can be argued as a potential emergence of a 'refining boom'… Read

 

MONETARY

Update on Banking Reforms

In furtherance of the banking reforms exercise aimed at ensuring the stability and soundness of Nigeria's banking industry, the Central Bank of Nigeria, (CBN), has appointed advisers that will work with the ten deposit money banks - Afribank Plc, Finbank Plc, Intercontinental Bank Plc, Oceanic International Bank Plc, Union Bank of Nigeria Plc, Bank PHB Plc Equatorial Trust Bank Limited and Spring Bank Plc - whose management were recently replaced, as well as Wema Bank Plc and Unity Bank Plc... Read

 

From the Frontpage www.economicconfidential.com, you can read the following:

 

NATIONAL

Love Scam: Australian Victim Receives $9,300 from Unilag Graduate

Nigeria Canvases for Investment in Agriculture

Economists Call for Sincerity on Deregulation

NEMA Graduates Search and Rescue Officers

FG Earmarks N1.5bn for Year 2009 Pest Control Exercise

 

FEATURES

Exchange Programmes By Chinedu Vincent Akuta

The limit of Sanusi's capitalist reforms By Kola Ibrahim

The Other Side of Recapitalisation By Abubakar Jimoh

 

STATES

Anambra Releases N100m for Laboratories

Kano has highest Allocation for Agriculture

Osun Presents N113bn budget to Legislators

Kaduna Rail Service Commended

Delta to Rehabilitate FG

 

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Economic Confidential
Factual, Authoritative and Accesible
Nigeria's Economic Magazine

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Sharing factual, timely and authoritative economic news, analyses and data, especially on Nigeria's economy from reliable sources.
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