Federal Government Raises VAT To 7.5 Percent For Big Investors
The Federal Government has formally increased Value Added Tax (VAT) from 5 percent to 7.5 percent only for big investors in the country's economy.
In...
Buhari Hails Atiku, Others For Taking Electoral Grievances To Court
President Muhammadu Buhari has commended the presidential candidate of opposition Peoples Democratic Party (PDP), Atiku Abubakar and candidates of other parties who have taken...
Nigeria, Germany Sign 70 Millio Euro Bilaterial Agreement
The Nigerian Government has signed a 70 million Euros additional financing bilateral agreement with the Republic of Germany on sustainable economic development.
The agreement is...
Central Bank Again, Injects $311.5 Million, CNY15 Million Into Retail SMIS
The Central Bank of Nigeria (CBN) has made another intervention of $311.5 million in the retail Secondary Market Intervention Sales (SMIS) and CNY 15...
Facebook Deletes Hundreds Of Accounts From Nigeria, Egypt, Others
Facebook has announced that it had deleted hundreds of accounts, pages and groups from its social network platforms that the company says were involved...
Insurance Corporation Commences Payment To Customers Of 154 Failed Banks
The Nigeria Deposit Insurance Corporation has commenced the payment to depositors of 154 Micro Finance Banks. The licences of the bank were revoked by...
We’ll Make Next Lagos Trade Fair An Avenue For Networking, Trade And Investment Bound...
The United Bank for Africa (UBA) Plc has expressed its determination to make the 2019 Lagos International Trade Fair, starting on November 1, an...
Cashless Policy Aimed At Making Nigeria Credible For Financial Transactions – CBN Boss
Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has explained that the newly introduced cashless policy is aimed at positioning Nigerian as...
Policy Uncertainties, Others Threaten Medium-Term Outlook – CBN’s Committee
The Central Bank of Nigeria’s Monetary Policy Committee (MPC) has expressed concern that persistence of policy uncertainties, financial vulnerabilities and rising geo-political tensions have...
House Of Reps Asks CBN To Suspend New Cashless Policy
The House of Representatives has directed Central Bank of Nigeria (CBN) to suspend the implementation of the cashless policy on deposits and withdrawals above...
