Reps Move to Regulate CBN Operations
The House of Representatives on Thursday took initial legislative steps to strengthen transparency and accountability in the operations of the Central Bank of Nigeria, following the second reading of a bill seeking comprehensive amendments to the Central Bank of...
House of Reps Investigates Banks Over Tax Deductions, Multiple Charges
The House of Representatives has inaugurated an ad-hoc committee to investigate growing concerns over excessive tax deductions from the earnings of civil and public servants, as well as multiple and unclear bank charges imposed on...
Reps to Summon CBN, Others Over Automotive Finance Scheme
The House of Representatives Committee on Industry has pledged to work towards improving access to affordable vehicle financing for Nigerians as part of efforts to strengthen the country’s automotive sector.
To this end, the committee has pledged...
FRC Act Continues to Govern Financial Reporting, Says Reps
The House of Representatives has stated that the Financial Reporting Council Act, 2023 remains operational until amended by the National Assembly.
The spokesman of the House, Akin Rotimi, made the declaration in a statement issued in Abuja...
Lawmakers Pass Bill to Restrict Foreign Vessels in Nigeria’s Coastal Waters
The House of Representatives has taken steps to strengthen Nigeria’s shipping sector with a proposed amendment to the Coastal and Inland Shipping (Cabotage) Act, 2003 to restrict operations of foreign vessels in domestic...
Governors Threatening us Over Tinubu’s Tax Reform Bills - Reps
The deputy spokesman of the House of Representatives, Mr Philip Agbese, has disclosed that some governors are threatening to deny some federal lawmakers return tickets in the 2027 general election if they did not withdraw...