The Central Bank of Nigeria (CBN) has set an initial transaction limit of N50,000 for non- account preparatory to the take-off of its digital currency set for October 1. In…
Read More CBN pegs transfer limits as e-Naira takes off October 1
Category: Economy
Ahmed defends govt borrowing, says Nigeria will regret if it does not invest in infrastructure
By our reporter/ Nigeria’s finance minister, Zainab Ahmed, on Monday defended government’s borrowing, insisting that the federal government is borrowing “sensibly” to cater to the country’s infrastructure needs. Ahmed who…
Read More Ahmed defends govt borrowing, says Nigeria will regret if it does not invest in infrastructure
Again, Emirates Airline extends suspension of flights from Nigeria
By our reporter/ Emirates Airline on Sunday announced that flights to and from Nigeria will remain suspended till September 5. The flag carrier of the United Arab Emirates (UAE) made…
Read More Again, Emirates Airline extends suspension of flights from Nigeria
Dangote refuses to commit his refinery will buy Nigeria’s crude oil – Kyari
By our reporter/ Nigeria will stop the importation of Premium Motor Spirit (PMS) when the Petroleum Industry Act (PIA) comes into full effect, and when the Dangote Refinery kicks off…
Read More Dangote refuses to commit his refinery will buy Nigeria’s crude oil – Kyari
Tribunal orders Multichoice to deposit N900bn with FIRS before hearing appeal over tax evasion
A tax appeal tribunal (TAT) sitting in Lagos has ordered Multichoice Nigeria Limited to deposit 50 percent of the disputed N1.8 trillion tax with the Federal Inland Revenue Service (FIRS),…
Read More Tribunal orders Multichoice to deposit N900bn with FIRS before hearing appeal over tax evasion