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Fresh Crisis Looms Over Stamp Duties Collection

Fresh Crisis Looms Over Stamp Duties Collection   There are indications that a fresh crisis may occur between the federal government and a trade union over which is responsible for the collection of stamp duties between the Federal Inland Revenue Service (FIRS) and the Nigerian Postal...

FG Saved Over $10bn From Stoppage Of Illegal Maritime Activities

FG Saved Over $10bn From Stoppage Of Illegal Maritime Activities   The Federal Government saved over $10billion on illegal maritime activities between September 2021 and January, this year, a senior official of the Federal Ministry of Finance (FMoF) has said. The source, who craved anonymity, told The...

Queue To End In A Few Days, Says NNPC- Fuel Scarcity

Queue To End In A Few Days, Says NNPC- Fuel Scarcity The Nigerian National Petroleum Corporation Limited has assured Nigerians that the company had placed significant orders of over 2.1 billion litres of methanol-free petroleum to ensure that the long queues of petroleum end in...

Nigerians Should Embrace eNaira – CBN

Nigerians Should Embrace eNaira - CBN The Central Bank of Nigeria (CBN), on Thursday, said that the introduction of eNaira in the financial system is to, among others, improve the effectiveness of monetary policy in managing inflation as well as in driving economic growth in...

Cash Transfer: Minister Says Some Nigerians Haven’t Seen N5,000 Before

Cash Transfer: Minister Says Some Nigerians Haven’t Seen N5,000 Before The Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Farouk, has dismissed as “elitist assertion” comments that the regime’s N5,000 monthly national conditional cash transfer to some poor and vulnerable people is insufficient...

Nigeria To Spend 92 Kobo/Naira on Interest In 2022

The International Monetary Fund (IMF), projected that by 2022 Nigeria would spend almost 92 kobo of every Naira it earned on servicing its growing debt. This implies that only 8kobo of every Naira earned will be used for development. According to the IMF's Article IV...