There is a surge in the hawking of naira notes at exorbitant charges in different parts of the country, as Nigerians continue to struggle with limited access to cash in banking halls despite threats by […]
The Board of the World Bank Group may meet today (Friday) to approve another loan bid of the President Bola Tinubu-led Nigerian government This time, the country is seeking a $500million loan to boost rural […]
The Economic and Financial Crimes Commission (EFCC) has requested Justice Rahman Oshodi of the Lagos State Special Offences Court to strike out an application filed by former Governor of the Central Bank of Nigeria (CBN), […]
The Association of Senior Staff of Banks, Insurance, and Financial Institutions has attributed the worsening cash shortage across the country to the Central Bank of Nigeria’s inability to meet the cash demands of commercial banks.Speaking […]
Nigeria’s investigative journalist, Fisayo Soyombo, has exposed another round of rice smuggling in 1500 cars by the Nigerian Customs Service (NCS) officers in collusion with notorious smugglers. Soyombo, who made the revelation on his verified […]
The exchange rate between the naira and dollar slid back to around N1,745/$1 on the parallel market a sharp reversal from the sub N1,600 levels recorded at the end of last week. An earlier article by Nairametrics […]
The chairman of the presidential committee on tax reforms, Mr Taiwo Oyedele, have countered the position of the Revenue Mobilisation and Fiscal Allocation Committee headed by Mohammed Bello Shebi with the following statements: Regarding the […]
The Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) has opposed President Bola Ahmed Tinubu’s controversial tax reform bills currently before the National Assembly for consideration. RMAFC, in a comprehensive nine-page memorandum signed by its chairman, Mohammed […]
The Central Bank of Nigeria has fined Opay and Moniepoint N1 billion each over compliance issues, sources told TechCabal on Tuesday. The CBN wielded the big stick in the second quarter of 2024. According to […]
Norwegian Company Equinor Completes $2billion Asset Sale In Nigeria, Ends 30-Year Operations Equinor (EQNR.OL) has finalised the sale of its assets in Nigeria and Azerbaijan for a total of up to $2 billion, marking the […]
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