Economy
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Experts harp on need to widen tax net
Experts Tuesday agreed at National Conference on the ‘Fiscal Policy and Tax Reforms: The Challenges and Prospects,’ that the federal…
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Nigeria loses over N40trn to tax incentives – CISLAC
Auwal Ibrahim Musa (Rafsanjani), Executive Director, Civil Society Legislative Advocacy Centre (CISLAC), on Monday, called for robust legislative instruments that…
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Contributory Pension Scheme: Pension assets hit N16.76trn in Q3 – PenCom DG
The National Pension Commission (PenCom) says pension assets increased to N16.76 trillion within the half-year period (six months) that ended…
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Forex Crisis: Job losses, factory shutdown loom as naira plunges to 1,025 per dollar
The naira fell further on Tuesday as it exchanged for the dollar at the parallel market between 1,005 per dollar…
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Dwindling Revenue: States borrow N46bn from banks to pay salaries
State governments borrow about N46.17bn from three banks to pay salaries between January and June 2023, according to findings by…
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States divided over FG’s N35,000 wage awards to federal workers
States were split Wednesday over the agreement the Federal Government reached with the Nigeria Labour Congress (NLC) and Trade Union…
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Naira among Africa’s worst currencies, falls by 40% – World Bank
The Nigerian naira is among the worst-performing currencies in Africa, the World Bank has said. It noted that the…
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CBN launches e-platform for licensing MfBs
The Central Bank of Nigeria (CBN) has unveiled a new online platform called the CBN Licensing, Approval and Other Requests…
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NCC, NDIC, SEC NIA, others converge on Lagos for FiBOP 2023 Annual Conference
Regulators and stakeholders in finance, business and other segments of Nigeria’s economy are set to gather in Lagos for the…
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Only 40m out of 200m Nigerians pay taxes — RMAFC
The Chairman, Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Mohammed Bello Shehu, has said that out of 200 million Nigerians,…
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