Foreign Reserves Net Inflow Rises $2.35bn in Seven Months - Edun
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, says Nigeria’s foreign reserves have seen a net inflow of about $2.35bn into the Central Bank’s coffers.
Edun disclosed this at the Corporate...
Shettima to Attend UNGA79 Annual Summit - Tinubu
President Bola Tinubu has requested Vice President Kashim Shettima to attend the 79th session of the United Nations General Assembly in New York this year in his stead.
VP Shettima will lead Nigeria’s delegation to the annual summit.
Tinubu...
Revenue Increase, Better Compliance, Others Necessary for Tax Reforms - FIRS
The Chairman of the Federal Inland Revenue Service (FIRS), Dr Zaach Adedeji, yesterday explained that Nigeria’s tax system reforms are driven by the need for increased revenue, better compliance, and more equitable economic practices.
Adedeji...
CBN Pegs Fresh Cybercrime Levy at 0.005%
The Central Bank of Nigeria (CBN) has announced that it will continue enforcing the controversial cybercrime levy at 0.005% on all electronic transactions under its new guidelines for the 2024-2025 fiscal year.
This levy, which has sparked debate among...
NLC Blames FG Policy for NNPC, Dangote Price Disagreements
The President of the Nigeria Labour Congress, Joe Ajearo, has attributed the current uproar between the Nigeria National Petroleum Company Limited and the Dangote Petroleum Refinery to alleged government policy somersault and fraudulent moves by some...
Pension Assets Hit N20.79tn in July – PenCom
The Acting Director-General of the National Pension Commission, Omolola Oloworaran, has disclosed that the pension fund assets under the Contributory Pension Scheme have risen to N20.79tn as of July 2024.
She stated this at the Quarterly Consultative Forum...
