Sunday, April 26, 2026
FGN grows VAT, CIT revenue by 25%, generates N3.5trn
Onome Amuge The federal government’s revenue from Value Added Tax (VAT) and Company Income Tax (CIT) grew 25 per...
Read moreDetailsCBN threatens to revoke banks’ forex licence over diaspora remittances in naira
By Onome Amuge The Central Bank of Nigeria (CBN) threatened to withdraw foreign exchange dealership licences of banks that...
Read moreDetailsAnalysts call on CBN to tweak strategy as inflation defies MPC
BY ONOME AMUGE Nigeria, Africa’s largest economy, has been bedevilled by a worrisome rate of consumer price index, a...
Read moreDetailsAfrica’s real wages fall 0.5% in 2022 in line with global performance – ILO
By Ben Eguzozie Asia & Pacific, Central and Western Asia in positive growths But AEW sees brighter 2023 and beyond...
Read moreDetailsWorld Bank cuts Nigeria’s 2022 growth forecast to 3.1% on weak economic performance
By Onome Amuge The World Bank has lowered Nigeria’s 2022 growth forecast to 3.1 per cent from a previous forecast...
Read moreDetailsNigeria’s inflation rises 10th consecutive month to 21.47% in November
By Onome Amuge Nigeria’s inflation rate rose for the tenth consecutive month in 2022 to a new high of 21.47...
Read moreDetailsLagos Assembly passes N1.768trn 2023 budget
By Onome Amuge The Lagos State House of Assembly, on Monday evening, passed the 2023 budget estimate of N1.768 trillion...
Read moreDetailsCBN shuns critics to push cash withdrawal limit policy
By Onome Amuge Insists no going back on plan, take-off date PoS operators may take a hit The sounds coming...
Read moreDetailsCBN shrinks daily withdrawal limit to N20,000
By Rosemary Iwuala The Central Bank of Nigeria (CBN) has imposed fresh cash withdrawal limits on individuals and organisations, including...
Read moreDetailsDMO recommends efficient tax administration to tackle Nigeria’s debt burden
Cynthia Ezekwe The Debt Management Office (DMO) has called on the federal government to implement an efficient tax administration to...
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