FIRS Grants Waivers on Penalties, Interests for Outstanding Tax Liabilities
Federal Inland Revenue Service (FIRS) has granted taxpayers and businesses full waiver on accumulated penalties and interests for outstanding tax…
Economists Caution CBN Gov on Repeating Mistakes of 2005 Recapitalisation
With plans by the Central Bank of Nigeria (CBN) to introduce a new capital base for deposit money banks in…
CBN to introduce new Forex laws, guidelines to tackle naira depreciation — Cardoso
Governor of Central Bank of Nigeria, CBN, Mr Yemi Cardoso said yesterday that the apex bank will soon introduce a…
Odengene Air Shuttle Acquires New Leonardo AW-139 To Boost Offshore Operations
Odengene Air Shuttle (OAS) Helicopters; an offshore and allied aviation services company, has announced acquisition of a new equipment, 2023…
CBN says old naira notes still legal tender
The Central Bank of Nigeria (CBN) has warned against the rejection of any bank notes it has issued in line…
Nigeria’s Apex Bank Begins Clearance of $10bn Forex Backlogs of Foreign Airlines, Others
The Central Bank of Nigeria (CBN), has started clearing over $10 billion foreign exchange backlogs of commercial banks and foreign…
FG Approves N2.1Trn Supplementary Budget
The federal government has approved a supplementary budget totaling N2.1 trillion. The Minister of Budget and Economic Planning, Atiku Bagudu,…
FX: Rise in Inflation predicted following Forex crisis
Inflation rate is projected to increase by 83 basis points (bps) year-on-year (y/y) to 27.54 in October. The figure would…
Naira declines further despite CBN’s policy reversal, as MAN warns against lifting of forex ban on 43 items
Naira closed at N848.12 to the dollar on Tuesday, October 17, at the official window days after the Central Bank of…
NBS Puts Nigeria’s Inflation At 26.72% In September
The Nigerian Bureau of Statistics on Monday, announced the rise of the nation’s annual inflation to 26.72% in September from…
FT says Tinubu’s economic policies not living up to expectations; suggests Emefiele’s sack a political reprisal
London-based Financial Times publication says there are signs of President Bola Tinubu’s economic reforms not going as planned. In an…
BudgIT report shows lowest-performing states on fiscal transparency
A report by BudgIT, a civic non-governmental organisation, has shown that Sokoto, Benue, Ogun, and Enugu states were the lowest-performing…
After defection, Fubara holds emergency Exco meeting, as SDP, APC members join PDP
The Governor of Rivers State, Siminalayi Fubara, is currently meeting with the members of the state executive council at the…
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