The House of Representatives sub – committee on the Capital Market has threatened to authorise the Securities and Exchange Commission (SEC) to take the management of three insurance companies for flouting industry regulations, tax evasion and other infractions. Chairman of the sub – committee, Rep. Tony Nwulu made this known after the committee had an […]
The Enugu State Board of Internal Revenue Service on Wednesday sealed Nondon International Hotel Ltd allegedly owned by Prof. Charles Soludo former Governor of Central Bank of Nigeria. Apart from Nondon International Hotel Ltd, the State Internal Revenue Service also sealed Villa Toscana Hotel, Hotel Cordial Exclusive, Allen Suits and Filbon Ltd Hotel. The action […]
Mathew Dadiya Abuja Vice President Yemi Osinbajo (SAN) has urged Africa’s tax administrators on the need to evolve mechanisms for curtailing tax evasion in their various countries. Osinbajo also advised African governments to urgently build a robust tax regime that will address the perennial challenge of tax evasion, mismanagement of collected tax revenues, under-development and […]