World Bank to CBN: Review RT-200 FX Policy to Stabilise Economy The World Bank has requested the Central Bank of Nigeria to reconsider its RT-200 Programme. The global bank stated that despite CBN's good intentions, the policy has created an additional foreign exchange window further worsening...

Fed Govt Plans Tax Waiver Suspension For Rural Firms   The Federal Government has proposed suspension of tax relief and rebates being granted to companies established in locations lacking public infrastructure, who are providing electricity, water and other amenities for themselves. In the Finance Bill 2022 under...

In 3 Years, FG Spends N5bn On Rehabilitation Of Police Stations The federal government on Thursday said it had spent N5 billion on the rehabilitation of police stations and barracks across many parts of the country between 2019 and 2022. It also stated that Nigeria Police...

New Naira: Legislators Grill Mrs Aisha Ahmad Of CBN In The Absence Of Emefiele Who Is Abroad For Treatment   The Deputy Governor of the Central Bank of Nigeria, Aisha Ahmad, on Thursday, briefed the House of Representatives on the bank’s latest policies. Mrs Ahmad represented the...

FG Approves N386.75bn for Works, Power, Transport Ministries The Federal Executive Council has approved a total of N386.75 billion for various projects in the federal ministries of Power, Police Affairs, Environment, Works and Housing and Transportation. The various ministers on Wednesday revealed the respective memorandum approved...

Court Orders Interim Forfeiture of $899,900, N304.5m, 15 Properties Recovered From Ex-AGF, Ahmed Idris   A Federal Capital Territory High Court has ordered the interim forfeiture of monies and properties recovered from a former Accountant General of the Federation, Ahmed Idris, by the Economic and Financial...