Tag
NATIONAL ASSEMBLY
The National Assembly has proposed amendments to the Central Bank of Nigeria (CBN) Act 2007, aimed at enforcing a stringent neutrality rule for the apex bank's top executives.
The Federal High Court has been asked to restrain the diversion of budgetary allocation by lawmakers.
The Senate has advanced a bill aimed at establishing the National Assembly Budget and Research Office (NABRO).
The National Assembly has reduced the allocation for minimum wage and salary-related payments for Ministries, Departments, and Agencies (MDAs) by 45% in the approved 2024 budget.
The National Assembly, on Thursday, passed the N2.17 trillion 2023 Appropriation Bill after the third reading.
The federal government is targeting that corporate Nigeria will earn a combined gross operating profit of N9.3 trillion in 2024 and from there will be able to generate a company's income tax revenue of N3 trillion in 2024 up from N1.9 trillion budgeted for 2023.
Tajudeen Abbas, the Speaker of the House of Representatives, has revealed that the National Assembly's annual budget has remained unchanged for 13 years, despite the impact of inflation and its resulting consequences.
The Central Bank of Nigeria has drawn the ire of Nigerians on social media, as they revealed a $ 13.8 billion debt owed to foreign banks (JP Morgan and Goldman Sachs).
The National Assembly also warned against any attempt to subvert the regulations of the apex agency in the industry.
The House of Representatives on Thursday approved President Muhammadu Buhari’s request to restructure the N23.7 trillion loan obtained by the Federal Government from the Central Bank of Nigeria (CBN) through the ways and means advances.
The 9th National Assembly has transmitted the new Business Facilitation Bill to President Muhammadu Buhari for final passage
ICT stakeholders have expressed worry over moves to pass a controversial the Nigerian Information Technology Development Agency (NITDA)