New Naira Notes Scarcity: Concerns Trail CBN’s Deadline   Nigerians, particularly entrepreneurs, are worried about the failure of banks to roll out new naira notes, few days to the expiration of the deadline set by the Central Bank of Nigeria (CBN). Economic...

Report Reveals Companies Pay N11.5trn Tax Under Buhari   The Federal Government has raked in N11.5tn from taxes paid by business organisations under the administration of President Muhammadu Buhari. Data sourced from Company Income Tax reports published by the National Bureau of...

PFAs Generate N266bn From Fixed Income Securities   The Pension Fund Administrators (PFAs) recorded N266.13bn gain from investment of pension funds in fixed-income securities in the third quarter of 2022. The commission revealed this in its 2022 third-quarter report on ‘Interest/coupons and...

Marketers Say Petrol May Hit N800/litre On Subsidy Removal   As the scarcity of the Premium of Motor Spirit, popularly called petrol, continued on Sunday, oil marketers have stated that the cost of the commodity would cross N800/litre once subsidy on...

Kwara Govt Secures World Bank N887m Projects Fund   The Executive Secretary of Kwara’s Health Care Development Agency, Dr Nusirat Elelu, has said the state has secured World Bank’s funding to support infrastructure upgrade in at least one primary healthcare facility...

Hike In Interest Rate Likely As MPC Meets Today   Ahead of the two-day Monetary Policy Committee (MPC) meeting of the Central Bank of Nigeria (CBN) commencing on Monday (today), financial experts have expressed diverse views on possible outcomes of the...