N500Billion Scandal: Another Group Demands Emefiele’s Sack as CBN Governor             As Central Bank of Nigeria (CBN) reacts against calls for the resignation of its Governor, Godwin Emefiele, more groups have emerged demanding for his sack. The Arewa Youth Assembly, a socio-economic and socio-political group has called...

Five Top Banks Fined N1.4bn For Forex Infractions, Others           Five top banks in Nigeria paid a total of N1.4bn as penalties to financial regulatory bodies such as the Central Bank of Nigeria, Security Exchange Council and Financial Reporting Council of Nigeria, in the first half...

Buhari Orders FIRS To Tax Digital Transactions           The Secretary to the Government of the Federation (SGF) and Chairman, Presidential Task Force (PTF) on COVID-19, Boss Mustapha President Muhammadu Buhari has ordered the deployment of technology to tax all digital transactions carried out across the country. The Secretary...

Buhari Seeks Senate confirmation Of Board Of Petroleum Regulatory Authority, Upstream Regulatory Commission         President Muhammadu Buhari on Tuesday, sought Senate’s confirmation of members of the Board of the Nigerian Midstream and Downstream Petroleum Regulatory Authority. The President in another letter to the upper chamber also sought...

Buhari Writes Senate, Seeks Amendments To PIA           President Muhammadu Buhari has asked the Senate to amend certain provisions of the controversial Petroleum Industry Act. The joint National Assembly committees that worked on the PIB had proposed a five per cent equity share for the development of...

Private Sector Seeks FG’s Intervention On VAT Remittance             Following the controversy between the Federal and State Government on Value Added Tax (VAT), especially as today’s penalty-free period ends for tax remittance for the month of August, organised businesses have expressed concerns as to where to...