Malam Mele Kyari Wed, 17 Apr 2024 The Port Harcourt Refining Company Limited (PHRC) is yet to commence operation despite assurances by authorities that it will come on stream about two weeks… The Port Harcourt Refining Company Limited (PHRC) i ...
New IFRS Accounting Standard will aid investor analysis of companies’ financial performanceThe International Accounting Standards Board (IASB) today completed its work to improve the usefulness of information presented and disclosed in financial statemen ...
The Director of Financial Policy & Regulatory Department of the Central Bank of Nigeria (CBN), Haruna B. Mustafa, has provided reasons for the exclusion of retained earnings of banks in the proposed capitalization process. In the latest editio ...
Banks face mixed outcomes as a tight global economy runs its course and new headwinds lurk on the 2024 horizon. Asia Pacific banks look brighter than they did at the end of 2022, reflecting improved economic conditions. Still, as expected, a few Asia ...
In an article in Businessday dated March 29, 2024, and titled “Why CBN excluded retained earnings in its recapitalisation terms”, Wasiu ALLI discussed the reasons behind the Central Bank of Nigeria's (CBN) decision to exclude retained ...
After 9 years of Emefiele who conjured different ways and means to traumatize an entire generation, nous and prudence have been restored to the Apex bank at Plot 33, Abubakar Tafawa Balewa Way, Central Business District, Abuja. Nigeria’s new Cen ...
The legal proceedings between the Abuja Electricity Distribution Company (AEDC) and the Federal Inland Revenue Service (FIRS) have hit a standstill following AEDC’s non-compliance with a Federal High Court order in Abuja. The court order, issued a ...
Deloitte has embarked on its most extensive revamp of global operations in ten years, driven by the imperative to trim expenses and simplify organizational structure amidst projections of a market downturn. Under the plan, Deloitte’s main business ...
The Federal Inland Revenue Service (FIRS) has announced the service’s transition from the e-TPPLAT used in filing transfer pricing returns and country-by-country reporting notification to a new platform called TAXPRO-MAX platform. This ...
Base erosion, profit shifting, a global minimum corporate tax rate and Singapore's new Refundable Investment Credit - CNA's Tang See Kit tries to make sense of it all. A view of the Singapore skyline on Jan 27, 2023. (File photo: Reuters/Caroline Chi ...
