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Apple hit with $118m ‘back tax’ payment in Japan
Tokyo authorities have imposed a back tax of $118 million on an Apple subsidiary over money transfers to Ireland, reports said Friday, as the IT giant’s tax payments come under global scrutiny.
The Tokyo Regional Tax Bureau ordered…
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Buhari challenges cabinet members on ways out of economic recession
President Muhammadu Buhari on Thursday challenged participants of the 2016 Cabinet Retreat on the economy to formulate pragmatic proposals on how best to tackle Nigeria’s economic recession.
Speaking at the opening of the retreat in Abuja,…
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Airlines Are Folding Up Because Of Buhari’s Policies – Arik Air Chairman
Chairman of Arik Airline, Joseph Arumemi-Ikhide, has described economic policies by the President Muhammadu Buhari-led government as the reason why airlines are folding up.
Buhari’s Policy also faulted Forex policies by the Central Bank of…
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Bag of rice may sell for N40,000 by December – Buhari’s Minister
The Minister of State for Agriculture and Rural Development, Senator Heineken Lokpobiri, has said that Nigeria spends about $22bn a year on importation of food.
Lokpobiri made this known on Saturday at a town hall meeting in…
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Sack three ministers now, Dino Melaye tells Buhari
Senator Dino Melaye of the All Progressives Congress (APC), has called on President Muhammadu Buhari to take measures to remedy what he described as a “debilitating economic malaise” that is drifting Nigeria towards a “dangerous precipice.”…
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