CBN Uncover N2.3m Unauthorised Naira Transactions    The Central Bank of Nigeria (CBN) has raised concerns over the increasing trend of illicit transactions involving banknotes, warning that the practice threatens the stability of the financial system. CBN Governor, Olayemi Cardoso, disclosed this on Thursday at the Bank’s...

We Are Prioritising Investment Over Borrowing - Edun   The Federal Government has improved its resource allocation strategy to enhance efficiency and sustainability while reducing reliance on high-cost commercial borrowing. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, said this on Thursday at...

E-invoicing to Boost tax-to-GDP Ratio, Curb Revenue Loss - FIRS The Federal Inland Revenue Service (FIRS) has stated that the implementation of the electronic-invoicing (e-invoicing) system will boost Nigeria’s tax-to-GDP ratio by improving tax compliance, enhancing transparency and curbing revenue losses. The e-invoicing, according to the...

The Federal Inland Revenue Service (FIRS), yesterday said it was determined to drive Nigeria’s tax-to-Gross Domestic Product (GDP) ratio.

The total pension Net Asset Value under the management of Pension Fund Administrators in the country as at December 2024 has hit N22.51trillion.

NAHCO Retirees Demand Fair Share of N758bn Pension Fund   Retired workers of Nigerian Aviation Handling Company Plc (NAHCO) have appealed to the Federal Government to prioritise them in the next disbursement of President Bola Tinubu’s N758bn pension bond. Speaking with journalists in Lagos on Friday, the...