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FIRS, LASG Sign MoU to Develop Joint Tax Audit System

FIRS, LASG Sign MoU to Develop Joint Tax Audit System The Federal Inland Revenue Service and the Lagos State Government have signed a Memorandum of Understanding to create a joint tax audit system to address duplication of measures and enable the exchange of data relevant...

New Naira Notes: Court Stops CBN from Shifting Deadline

New Naira Notes: Court Stops CBN from Shifting Deadline Hours after three state governors took President Muhammadu Buhari and the Central Bank of Nigeria (CBN) to court over the February 10 deadline for the expiration of old naira notes, another court has added a twist...

FG Expends N742.56bn Sukuk Funds on Roads, Releases N1.88trn for 2022 Expenditure

FG Expends N742.56bn Sukuk Funds on Roads, Releases N1.88trn for 2022 Expenditure The federal government has raised N742.56 billion sovereign sukuk bond from 2017 to 2022 for the execution of road projects across the country. Director General Debt Management Office, DMO, Ms. Patience Oniha, confirmed the...

Reps Disrupt Emergency Session Over New Naira Scarcity

Reps Disrupt Emergency Session Over New Naira Scarcity The Speaker of the House of Representatives, Femi Gbajabiamila, has said the federal parliament will have no option but to reconvene before the presidential and National Assembly elections on February 25 if the Central Bank of Nigeria...

Naira Scarcity: NACCIMA Urges CBN to Introduce N5,000 Note

Naira Scarcity: NACCIMA Urges CBN to Introduce N5,000 Note The Director-General of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture, Sola Obadimu, says the Central Bank of Nigeria should have introduced a N5,000 note rather than redesigning the old notes. Obadimu said...

JUST IN: Kogi, Kaduna Zamfara Govts Sue FG over New Naira Notes

JUST IN: Kogi, Kaduna Zamfara Govts Sue FG over New Naira Notes Concerned with the effects the Central Bank of Nigeria (CBN)’s naira redesign policy is having on the residents of their respective states, the governments of Kaduna, Kogi and Zamfara have dragged the Federal...