The Central Bank of Nigeria may have announced plans to reduce savings deposit rates to 1% while declaring OMO bills as Poison.
The new Finance Bill will ensure the exemption of small businesses with an annual turnover of less than N25 million from Company Income Tax.
FG has concluded plan to borrow N2 trillion from the current N10 trillion pension funds to finance the development of infrastructure.
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has reacted to analysts’ projections concerning the devaluation of naira.
The Governor of Lagos State, @AkinwunmiAmbode has explained that the current foreign debt owed by the State Government (@followlasg) was inherited from previous administrations before his tenure which began in 2015.
The IMF in a 2010 paper titled Treasury Single Account: Concept, Design, and Implementation Issues outlined the benefits of operating a Treasury Single Account.
The meeting between @abikedabiri and @NANSNIG has ended with a resolution that @MTNNG, MultiChoice (@DStvNg), @Shoprite_NG and other South African-owned companies in Nigeria should stop operation and quit the business environment within seven days. #Xenophobia
The Budget office finally released the full transcript of the 2015 Budget speech which is much more comprehensive than the one earlier put up...
The Nigerian government has reviewed its policy on stamp duty charges, levied on electronic payment.
President Muhammadu Buhari reportedly met with the Economic Advisory Council (EAC) last weekend in Abuja, in what appears to be a move to chart new policy directions for the Nigerian economy in 2020.
FG has explained the underlining reasons for the planned demolition and rebuilding of the 40-year-old Murtala Muhammed International Airport in Lagos.
Lagos is becoming increasingly unsafe for its citizens due to the increasing rate of robbery perpetrated mainly by robbers using motorcycles to aid quick escape from robbery scenes.
Air Peace has asked the Federal Government of Nigeria to prevent foreign carriers from operating domestic flights in the country.
The report stated that the agency, under Fowler, failed to collect taxes worth about N41 billion in Lagos as it has not been able to meet up with its target over the past four consecutive years
Businesses in Nigeria are now more than ever exposed to payment of taxes, according to provisions of the Finance Bill currently being debated.
Femi Otedola, recently visited the Aliko Dangote’s multi-billion-dollar refinery and fertilizer projects in the Lekki Free Trade Zone, has disclosed that the refinery is 75% complete.
Some Nigerians have just realised that they now have to pay 7.5% VAT every time they make phone calls or send an SMS. They don't like this very much.
NIRSAL Microfinance Bank would provide loans to small businesses at a single digit interest rate of five per cent, according to CBN Governor.
Damilare Akano, a 6-year-old Nigeran pupil has emerged as Africa’s youngest Microsoft specialist in the Certiport international certification
Although, it is unsure if President Muhammadu Buhari has signed new minimum wage into law, but he promised to review the submitted report by Rewane's PTAC
The Monetary Policy Committee of the Central Bank of Nigeria (@cenbank) has raised the Cash Reserve Ratio by 500 basis points to 27.5%. Meanwhile, other parameters such as Monetary Policy Rate, Liquidity ratio, and asymmetric corridor remain unchanged.
Nigerians woke up to news that the busiest land border in Nigeria, Seme was closed. This left several workers and traders stranded at the border
The Minister of Finance, Zainab Ahmad, has said the Finance Bill might not be effective from January 1, 2020, when signed into law.
A few weeks ago, many news media organizations published articles on the plan by FGN to borrow a whopping N2 trillion from the pension funds.