Chidi Samuel || The federal government will from April 1, name, prosecute, and shame tax evaders that fail to utilise the tax amnesty programme, the Voluntary Assets and Income Declaration…
Read More FG to shame, prosecute tax offenders from April 1
Category: Economy
Again, CBN warns on Virtual Currencies
The Central Bank of Nigeria (CBN) has again cautioned Nigerians to be wary of investments in cryptocurrency, stressing that virtual currencies are not legal tender in Nigeria. A press release…
Read More Again, CBN warns on Virtual Currencies
UBA, China development bank partner to finance African SMEs in $100m deal
Ebun Francis || One of Nigeria’s leading banks, the United Bank for Africa (UBA) Plc and China Development Bank (CDB) have signed a $100 million seven-year loan agreement to finance…
Read More UBA, China development bank partner to finance African SMEs in $100m deal
CBN boosts inter-bank market with $210m
The Central Bank of Nigeria (CBN) has again made interventions in the inter-bank sector of the Foreign Exchange market with the injection of $210 million into three segments of the…
Read More CBN boosts inter-bank market with $210m
Nigeria exited recession with 0.83% growth in 2017
The National Bureau of Statistics (NBS) said Nigeria’s economy grew by 0.82 percent in 2017, an improvement from the -1.58 percent recorded in 2016. This is contained in the report…
Read More Nigeria exited recession with 0.83% growth in 2017