Finance
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Take advantage of Personal Income Tax, IMF tells Nigeria, others
THE International Monetary Fund has advised Nigeria and other developing countries to explore the revenue potential of personal income tax.…
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Supplementary budget: FG proposes N2.5tn for petrol subsidy
The President, Major General Muhammadu Buhari (retd.), on Tuesday, transmitted the 2022 Appropriation Act (Amendment) Bill to the National Assembly,…
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Insurance firms earned N630.36bn, paid N238.05bn claims – NAICOM
Insurance companies in the country earned N630.36bn premium in 2021 and paid N238.05bn as claims, the National Insurance Commission said…
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Reps approve Customs’ N369bn budget, raises revenue target by N965bn
The House of Representatives Committee on Customs and Excise has approved a budget with estimates totalling N369.14bn for the Nigeria…
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Banks’ forex ban: Dollar scarcity, inflation, firms’ closure imminent, experts warn
Financial analysts and economic experts have expressed worry over the plan by the Central Bank of Nigeria to stop the…
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243 firms jostle for CBN’s multibillion naira loan scheme
The Central Bank of Nigeria has disbursed a total of N23.2bn to 28 firms whose projects satisfied the apex bank’s…
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African Union to broaden Somalia operations
The African Union says it will extend and expand its military operations against Al-Qaeda-linked Islamists in Somalia to include other…
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EFCC grills Ganduje’s wife over alleged land fraud
The Economic and Financial Crimes Commission on Monday quizzed the wife of Kano State Governor, Mrs Hafsat Ganduje over alleged…
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BREAKING: Court stops finance minister from cutting salaries of doctors in Academics
The National Industrial Court sitting in Abuja has restrained the Minister of Finance, Budget and National Planning, Zainab Ahmed, from…
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Senate names Jonathan, Sambo in N665.8bn diversion, demands refund
The Senate has demanded a refund of funds totalling N665.8bn which were allegedly diverted by the Office of Accountant General…
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