Inflation rises further to new high
Nigerians are to remain or more time under the pressure of soaring prices and declining household savings as monetary and fiscal dislocations have continued to
Category : Finance
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CBN disburses N10tn to manufacturers, others
The Deputy Governor, Financial System Stability Directorate of the Central Bank of Nigeria, Aishah Ahmad, has expressed concerns over the poor repayment of loans provided
FDI drops by 59% in 11 years – W’Bank
The Foreign Direct Investment in Nigeria has plunged by 58.98 per cent in 11 years, data from the World Bank have revealed. According to the
Experts canvass strict monitoring of tax revenue expenditures
Professional tax administrators from the Society of Women in Taxation (SWIT) have argued that lack of openness, accountability and transparency in budgetary spending by authorities
FG appoints 5 banks for disbursement of N278.5bn CVFF
The Federal Government has appointed five commercial banks for the disbursement of the N278.5 billion Cabotage Vessel Financing Find, CVFF, 17 years after it commenced
CBN: Devt. Finance interventions have boosted food security
The Central Bank of Nigeria (CBN) yesterday said its development finance initiatives have reduced the country’s reliance on food imports and stemmed the drain on
FG: No Ad valoren tax in finance bill 2022 draft
Contrary to concerns in the manufacturing circle that the sector would be visited with additional 20 per cent Ad Valorem Tax (AVT) for manufacturers of
Alleged N89.1tr stamp duty collection: Presidency defends Emefiele
The Presidency has dismissed as fake and untrue a report that Central Bank of Nigeria (CBN) Governor Godwin Emefiele could not account for about N89.1
FG approves immediate disbursement of cabotage fund by five banks
President Muhammadu Buhari has approved the immediate disbursement of the $ 350 million Cabotage Vessel Financing Fund (CVFF) by five banks. The Minister of Transportation,
National debt hits N44tn, repayment burden worsens
Nigeria’s public debt rose to N44.06trillion in the third quarter of 2022 as it continues with repayment burden. According to a press statement published on
