FIRS offers concession to foreign currency tax debtors With effect from 1st of March to 31st March, 2022, taxpayers with pending foreign currency tax liabilities will be able to settle these obligations in Naira during the Federal Inland Revenue Service (FIRS) one-month window, Muhammad Nami,...

Banks’ Non-performing Loans Fall Below 5%, First Time In 10 Years   The Central Bank of Nigeria (CBN) has stated that for the first time in about a decade, the non-performing loans (NPLs) levels of commercial banks in Nigeria has fallen below the regulatory benchmark of...

Pension Assets Rose By N190bn In January, Now N13.61trn   The total assets under the Contributory Pension Scheme rose by N190bn in January, figures from the National Pension Commission have revealed. PenCom disclosed this in its report titled, ‘Unaudited Report on Pension Funds Industry Portfolio; Approved Existing...

Ukraine-Russia: Nigeria, Others May Face Commodity Supply Disruptions - IMF   The International Monetary Fund (IMF) says countries that have very close economic links with Ukraine and Russia are at particular risk of scarcity and supply disruptions. It added that poor households across the world would suffer...

Move supposed to soften effect on Russian card holders due to Visa and MasterCard withdrawal.

Illicit Financial Flows Threaten Africa’s Attainment of SDGs - ICPC Boss By Abdulrahman Abdulraheem The Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Prof. Bolaji Owasanoye, SAN, has warned that corruption and illicit financial flows may threaten Nigeria’s and Africa’s ability to...