Finance

CBN to redesign the Naira every five years - Governor

President Buhari says the redesign will help address the twin evils of illicit financial flows and corruption, and impact the nation's...

Benue to collect tax from Telephone users, cable subscribers,...

All collections from telephone users and cable subscribers would be deducted at source without their knowledge

July Allocation: FG, States, LGCs share N954 billion

the N954.085 billion total distributable revenue was made up of statutory revenue of N776.918  billion and Value Added Tax (VAT) revenue...

Naira depreciation: Senate summons CBN Governor, adjourns...

The exchange rate in the autonomous segment (BDCS) is N670 to 1 United States Dollar and it is projected to end at N1000 by end of...

NBS releases details of FAAC revenue sharing for January

The Federation Account Allocation Committee (FAAC) disbursed the sum of N766.47bn to the three tiers of government in January 2022

Airtel now authorised to make political donations

Airtel Africa shareholders have passed a resolution authorising the company and its subsidiaries to make political donations

Abacha Loot: Jersey To Return Jeremiah Useni’s $2 Million...

The government of Jersey, a British crown dependency, has indicated readiness to repatriate nearly £2 million forfeited by Lt- General...

Withdrawal Of Small Denominations: CBN Clarifies Position

The Central Bank of Nigeria (CBN) has clarified the position on its reported plan to replace small denominations of the Naira with...

CBN To Phase Out Lower Naira Denominations

The Central Bank of Nigera said it has come up with the e-NAIRA initiative that would promote financial inclusion and a cashless economy....