Cash Withdrawal Limit: CBN Governor To Appear Before Reps The Central Bank of Nigeria(CBN) Governor, Godwin Emefiele is to appear before the House of Representatives next week Tuesday, December 20th, over cash withdrawal limit and other issues. This was announced by the Deputy Speaker, Ahmed Idris...

With Mixed Feelings, Nigerians Receive New Naira Notes The rate at which inflation has been accelerating in the country has been a major source of concern for the Central Bank of Nigeria. It has adopted different measures to tame the surging inflation which hit a...

Customs Impounds Indian Hemp, Rice, Others Worth Over N1bn   The Federal Operations Unit, FOU Zone A of the Nigeria Customs Service (NCS) said it has impounded 15 trailers of imported foreign rice, Indian Hemp, used clothes, and other contraband items with Duty Paid Value, DPV,...

Senate Postpones Hearing On Cash Withdrawal Limits   The Senate on Tuesday postponed the hearing of the report on the Cash withdrawal policy by the committee on Banking and Financial Institutions. The Red chamber had last week commissioned the committee to grill the two newly re-appointed deputy...

Stamp Duty: Presidency Knocks Kazaure Over N89trn Claim   Following controversies trailing a claim of a missing N89.09trn allegedly siphoned from stamp duty charges, the Presidency on Tuesday said such claims were false. It also said the entire banking sector deposits in Nigerian did not amount to...

"Nigeria Needs Efficient Fiscal Spending To Curb Inflation"   The federal government has been urged to make public expenditure more efficient as well as address the challenges of supply to curb inflation. Speaking at the 13th Annual Bankers’ Committee Retreat, the Managing Director/Chief Economist at Analysts Data...