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THE

DAILY

TIMES

NIGERIA INDEPENDENT NEWSPAPER. EST. 1926 WWW.DAILYTIMES.NG https://plus.google.com/+DailytimesNgr/posts

dailytimesnigeria

Tax: FG rakes N131bn from 6 banks

Omotolani Oseni, Lagos

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The Federal Government through its revenue agencies generated not less than N131billion as tax income from six commercial banks operating in the country in 2017, findings by The Daily Times has revealed. The six commercial banks in 2016 paid government agencies

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N124 billion, as government at both the federal and state level continued brace up policies that will enforce tax payment compliance across the country. The banks audited financial statements for December 31, 2017, revealed that Stanbic IBTC Holdings Plc and United Bank for Africa Plc (UBA) income expenses significantly increased Continued on page 6

WEDNESDAY, APRIL 4, 2018 VOL. 3. NO. 618

N150

GLOBAL FINANCIAL/COMMODITY MARKETS

CURRENCIES/CBN: CBN: MƢƠǀêǀǀ ^&` #RGG `è Parallel Market: USD MƢÕǀ POUND Mƿƣǀ EURO Mƿƾƿ NSE: d9 Ƣƣè ƿƾǀêơǀ MARKET CAP ơƾêÖƠ 0L#_ RƃM ƾƾêǀƠ R ƾƾêƠƠ COMMODITIES: Wheat nd ƿǀǀêƠƠƃLj Rice nd ơƾêƿƠƃLj Cocoa nd ƾèƠƠƿêƠƠƃ Coffee nd ơƢÖêÕƠƃdƅ ƍ Cotton nd ƣƠêÖǀƃn ƈƐ Sugar nd ơƿêơǀƃRƑ ƅƆ METALS: Gold nd ơƾÕƢêơƠƃRƑ ƅƆ Silver nd ơÕêƾơƃRƑ ƅƆ Copper nd ƾêƤƣƃRƑ ƅƆ ENERGY: Brent nd ǀƾêƾơƃ^ è N/Gas nd ƾêƣƤƃ

NASS retraces step, begins move to change bad image Ï ^Ƌ ƍƆ ƓƆƆƊ Ɛ Ɠ Əƕ Mƈ ƆƏƈ ƒƆƏ ƓƏ ƍƆƏƅƆƍƐƈ Ï d ƕ Ɛ ƆƏƆô ƆƆƗ Ƈ Ə ƈƌ Ɔ Ƌ Ƒ ƗƆƏƈ ƋƆ ƈ Ƌ ƐƈƒƆ Ɠ ƏƊ Ï óM ddè ƌ Ɛ ƌƈ Ƒ ƗƆƏ Ɛ Ɨ Əƌ Ƈ ƒƆƏ ƌƆ Ɛ ƈ ƅƆ ơÖÖÖô

Olufemi Samuel, ƄƑƉ

ÏÏÏ The National Assembly has set machinery in motion to address its poor Continued on page 5

Gé`ë dƐ ƐƆ 1 ƒƆƏ Ə ë ƄƑƄ Ɗ Ə ƆƋƋ æMƈ ƆƏçì Ƅƈ Ƌ Ɖƈƌ Ƅƈ æRƕ çì j Ɗ ƋéL ƊƑƏ æM Ə Ɠ çì Ɗƈ ƓƑ ƌƈ ƌƄ ƗƆ æG çì ƄƗƑƋƋ ƖƈƖ Əƈ æ ƌƇ Ə ç Ɨ dƈƌ G Ƌ æ^Ƌ ƐƆ Ƒçè ƗƑƏƈ Ɛ Ɔ ƋƋ ^Ə ƏƆ ƈƒƆ ƏƆ æ ^ ç 1 ƒƆƏ Ə 0 ƏƑƌ ƌƆƆƐƈ ƓƈƐ ^ƏƆ ƈƗƆ Ɛ LƑ ƌƌ ƗƑ Ƒ Əƈ ƈ ƄƑƉ êêê jƑƆ Ɨ ƕ

Buhari’s meeting with APC Governors ends in deadlock 5

World Bank builds Nigeria’s capacity to implement sustainable programmes B1

Policeman’s 13-year-old boy commits suicide in Gombe 7

G ƇƆƒƆƏë 30 persons under observation in Abia 7


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