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1. Beginning from December 1, 2016, taxpayers will receive their withholding tax certificate in their emails within one week of payment, Mr. Babatunde Fowler of Federal Inland Revenue Service (FIRS) has said.

2. The Cross River State government has signed a contract with Huawei Technology of China to make Calabar Nigeria’s first digital city.

3. To boost commerce and industry, the Senate has urged the Federal Government to establish inland ports in Onitsha, Enugu, Aba, Maiduguri, and Bauchi.

4. To streamline its operations and boost capital adequacy, Skye Bank may sell some or all of its local and foreign subsidiaries.

5. International oil companies (IOCs) have given a discount of $1.7billion off Nigeria’s debts of $6.8billion cash call joint venture accrued over the past 6 years.

 

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This article was first published on 23rd November 2016 and updated on January 27th, 2017 at 3:09 pm

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