Senate Pushes 2022 Budget Implementation To June   The Senate yesterday extended the implementation of the capital component of the 2022 budget from 31st March, 2023 to 30th June, 2023 The extension followed a lead debate by the senate leader, Senator Ibrahim Gobir (Sokoto East-Senate Leader) requesting...

Ministers, Firms to Account for Over $2.4bn Oil Sale - Reps The House of Representatives’ will on April 11, 2023, grill ministers and other heads of ministries, departments and agencies of the Federal Government as well as oil companies and banks over the alleged illegal...

Despite Acceptance of Old Notes, Crowd Overwhelm Banking Halls The CBN had earlier instructed commercial banks to immediately collect the old naira notes, deposited at the apex bank, promising that before the end of the week, the nation would be awash with more naira notes,...

Naira Redesign: Reps Urge CBN to Revamp e-banking Platforms The House of Representatives has urged the Central Bank of Nigeria to direct banks to immediately revamp their electronic transaction platforms. According to the House, the move has become necessary in the aftermath of the recent CBN...

FG Announces Removal Of 5% Tax On Calls, Data   The Federal Government has announced the removal of its proposed five per cent excise duty on telecommunication services. The government announced that this was in line with the recommendations of a committee, the Presidential Review Committee on...

FG Loses Suit To Recover N70trn Loot Over Poor Prosecution   Justice Peter Lifu of the Federal High Court in Lagos has struck out the Federal Government’s suit seeking to recover and forfeit the sum of N70tn it alleged was stashed in 29 bank accounts by...