CBN Revokes Operational Licenses of 4,173 BDCs
The Central Bank of Nigeria (CBN),in exercise of the powers conferred on it under the Bank and Other Financial Institutions Act (BOFIA) 2020, Act No....
Category : Business
House of Reps Summons Niger Delta Minister Over BNC’s Petition
The Niger Delta Minister, Prince Abubakar Momoh, has been summoned by the House of Representatives Committee on Public Petitions to appear before it on Thursday...
FG Launches Expatriate Employment Levy Guidelines for Smooth, Effective Implementation
The EEL initiative is a landmark step towards fostering economic growth and is anticipated to yield several benefits, including revenue generation for the government, enhancement...
MPC Targets Inflation Reduction, Raises MPR by 400 Basis Points
The decisions include: raising the MPR from 18.75 to 22:75 per cent, an increase of 400 basis points, adjustment of the asymmetric corridor around the...
FAAC Shares N1,149.816 trn Among Government Tiers From Total Gross Total of N2.068 trn for Jan 2024
Company Income Tax (CIT), Import Duty, Petroleum Profit Tax (PPT) and Oil and Gas Royalties increased significantly, while Value Added Tax (VAT), Export Duty, Electronic...
Ministry Seeks NAICOM Partnership to Equip Youths With Financial Literacy
He noted that the Ministry had developed a digital platform (app) called Nigerian Youth Academy (NIYA) where Nigerian youth could learn vocational and digital skills....
Request for Contract Variation and Get Blacklisted, Wike Warns Contractors
…..Minister Upbeat About Progress, Quality of Works Inspected The Minister of the Federal Capital Territory (FCT), Barrister Ezenwo Nyesom Wike has warned that any contractor...
Coordinating Minister of the Economy Wale Edun, MAN, NACCIMA, Other Stakeholders Rub Minds
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, met with the Manufacturers Association of Nigeria (MAN), National Association of Chambers of...