PenCom: 84000 contributors registered in nicro pension scheme
The National Pension Commission (PenCom), said it has registered a total of 84000 contributors into the Micro Pension Scheme (MPP) as at September 2022. It
Category : Finance
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Nigeria risks food crisis in 2023, says IMF
The International Monetary Fund has said that Nigerians should brace up for higher food prices/ risks in 2023 due to recent floods and high fertilizer
NSE urges FG, stakeholders collaboration on policy enforcement
The Nigeria Society of Engineers has called on the Federal Government to collaborate with key stakeholders to ensure implementation and enforcement of policies to sustain
Shareholders fault CBN’s N453bn levy on banks
The Independent Shareholders Association of Nigeria has kicked against the Central Bank of Nigeria’s imposition of 0.5 per cent levy on commercial banks to fund
Why CBN monetary policy is not working – Economist
Prof. Ken Ife, a Development Economist, says Central Bank of Nigeria’s monetary policy is not working because 80 per cent of the nation’s money is
Raise VAT to 15%, remove fuel subsidy, IMF advises FG
The International Monetary Fund (IMF) Article IV Staff mission has ended with an advice that the federal government should raise the Value Added Tax (VAT)
Naira depreciation, inflation erode workers’ N25tn salaries
The endless depreciation of the naira and the rising inflation have eroded Nigerian workers’ N24.88tn salary received in the first six months of 2022. The
Ministry requests $8.92m World Bank loan for stationery, others
The Home Finance Department of the Ministry of Finance, Budget and National Planning has requested about $8.93m from the World Bank to procure 21 items,
Rising public debt worrisome, fuel subsidy unsustainable – FAAC
The Federation Account Allocation Committee Post-Mortem Sub-Committee has said that the rising public debt is worrisome, while describing fuel subsidy as unsustainable. This was according
AMMBAN moves against ‘umbrella’ agents as PoS transactions hit N6.05 trillion
The Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) has moved against ‘umbrella’ agents, which, according to them, has brought great disrepute to
