Ebun Francis The Central Bank of Nigeria on Wednesday said it will penalise Deposit Money Banks that have liquidity challenges by way of temporary suspension from its lending window. The…
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Category: Economy
FG to increase VAT on champagne, other luxury items
Ebun Francis Mrs Kemi Adeosun, Nigeria’s Minister of Finance, Wednesday said the federal government plans to raise the value-added tax (VAT) on luxury times — subject to the approval of…
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Foreign investors can now get Nigerian visa in 48 hours, says FG
Okechukwu Enelamah, the minister of industry, trade and investment, says anyone interested in doing business in Nigeria can now get a visa in 48 hours. The minister said the federal government…
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Two senior Customs officials declared wanted over imported rifles
Ebun Francis The Nigeria Customs Service has declared two of its senior officers, Abdulahi, I. an assistant superintendent of customs with service no 4483 and ACIC Odiba Inah, with service no…
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Foreign exchange policy not meant to favour special interests – CBN
Agency report The Central Bank of Nigeria, says the sale of foreign exchange under the new policy is transparent and not intended to benefit any individual or corporate body. Acting…
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