Economy
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CBN publishes seven years’ financial statements, discloses N103.8bn profit after tax for 2022 FY
The Central Bank of Nigeria has released the Consolidated Financial Statements for the last seven years, making it the first…
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Diversion of diaspora remittances to parallel market weakens naira – CBN
The Central Bank of Nigeria (CBN) has attributed the free fall of the naira against the dollar to the diversion…
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Money Laundering: New Act prohibits individuals from cash payments above N5m, corporations N10m – EFCC
Except in a transaction through a financial institution, individuals are prohibited from making or accepting cash payments exceeding N5 million…
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Petrol pump price may jump to N750/litre — IPMAN
•says NNPCL yet to change ex-depot price •ask FG to save naira from further depreciation The pump price of the…
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Nigerians spent N3.33tn on calls, data in 2022, says NCC
Nigerians and other telecommunication consumers within Nigeria spent N3.33tn on calls, data, SMS, and other telecom services in 2022, the Nigerian Communications…
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Niger, Togo, Benin owe Nigeria N12.38bn in electricity bills for Q1 2023 – NERC
The Nigerian Electricity Regulatory Commission (NERC) says three international customers failed to remit $16.11 million owed for electricity supply in…
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Nigeria loses N20trn to tax underpayment – Tax Reform C’ttee
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Mr Taiwo Oyedele, says the tax gap in…
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VAT should be suspended on diesel — Tax Reform Committee
The Chairman of the Presidential Committee on Tax Policy and Fiscal Reforms, Taiwo Oyedele, has said that the Value Added…
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Job Racketeering: You’ve 24 hours to appear before us, Reps tell IPPIS Boss, others
The House of Representatives Ad-hoc Committee on Job Racketeering has summoned the Director of Integrated Personnel and Payroll Information System…
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NSCDC destroys 100 illegal refineries, arrests 200 suspects
The Commandant General, Nigeria Security and Civil Defence Corps, Ahmed Audi, on Wednesday, disclosed that no fewer than 100 illegal…
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