Economic Confidential

FAAC Shares N739.965bn September 2021 Revenue to three tiers of Govt.

FAAC Shares N739.965bn September 2021 Revenue to three tiers of Govt. The Federation Accounts Allocation Committee (FAAC) has shared a total of N739.965 billion September 2021 federation account revenue to the Federal, States and Local Governments Councils. This was contained in...

CBN Flags-off Digital Financial Inclusion for Women, Youth

CBN Flags-off Digital Financial Inclusion for Women, Youth In its drive to ensure the digital financial inclusion of women and youth across Nigeria, the Central Bank of Nigeria (CBN) and its stakeholders are billed to engage target groups in selected...

Rano commissions TAJBank Business Office, lauds bank on expansion drive

Rano commissions TAJBank Business Office, lauds bank on expansion drive A leading oil and gas top player and Chairman of A. A Rano Nigeria Limited, Alhaji Auwalu Abdullahi Rano, has commissioned TAJBank’s Business Office in Abuja and lauded the bank’s...

Multichoice Africa loses legal battle on $342M tax to FIRS.

Multichoice Africa loses legal battle on $342M tax to FIRS.   The titanic legal battle by the South African Company, Multichoice Africa Holdings B.V with the Nigerian government owned Federal Inland Revenue Services (FIRS) over the disputed $342M tax has been...

How AKTH makes life easier for cleft patients

How AKTH makes life easier for cleft patients By Salisu Na'inna Dambatta An unknown number of Nigerians, largely living in the rural areas, suffer the devastating consequences of cleft palate lip. Ignorance, poverty and in some cases, the superstitious belief that...

Risk- based Supervision: NDIC Commences Review of Approach to Determine Bank Premium

Risk- based Supervision: NDIC Commences Review of Approach to Determine Bank Premium The Nigeria Deposit Insurance Corporation(NDIC) has hinted of its plans to commence the review of approach to determine premium by banks to make them more risk-based. The Managing Director...
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