A tax expert, Aderonke Atoyebi, has debunked the widespread misconception regarding the newly introduced Tax Identification, describing the rumours as dangerous.
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FG orders immediate release of ₦250bn loan to farmers, targets food security
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Highlights from Nigeria’s Q4 trade data as exports rise above imports
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CBN crashes dollar with $29 million intervention in FX market
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Lab-grown diamonds robbing southern Africa of riches
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Naira gains N37, experts warn dollar hoarders of big losses
Economy Latest News
Analyst says CBN’s "Ways and Means" loans will push Nigeria's public debt above N70 Trillion
Analyst at Meristem Securities expects that Nigeria’s public debt will surpass N70 trillion owing to the accumulated debt from CBN securitized ways and means
Nigeria successfully repays $500 million Eurobond borrowed under Jonathan
The Nigerian government has successfully repaid the $500 million Eurobond borrowed under the President Goodluck Jonathan on July 12, 2023, the date it was due.
Buyers flood black market for dollars as CBN Sets strict FX guidelines for Nigerians, banks comply
Nigerians are opting for the black market for the dollars following the implementation of a strict forex rules by the Central Bank of Nigeria (CBN) for banks.
Nigeria breaks nine-month record, falls to N800 per dollar as CBN implements tough FX rules for banks
The naira broke a nine-month record on Tuesday, July 12, 2023, tot trade at N800 per dollar as Nigerians demanded dollars for travel, imports and other needs.
"It's privacy violations:" Reps asks CBN to stop demand for social media handles from bank customers
Nigeria's House of Representatives have directed the Central Bank of Nigeria (CBN) to halt the demand for social media, accounts from bank customers in Nigeria
Emefiele’s suspension: Black market FX aggregator, Abokifx resumes operations, quotes N790 per dollar
Abokifx, has resumed operations after the suspension of Godwin Emefiele as Governor of the Central Bank of Nigeria. The platform has also new quoted FX rates.
Oil theft: NNPC, Tompolo destroy vessel carrying stolen crude oil from Nigeria to Cameroun
The NNPCL with the aid of Tompolo's Tantita Security Services have intercepted a vessel conveying 800,000 litres of stolen crude oil heading to Cameroun...
Microsoft to sack more employees six months after 10,000 job cuts
In addition to the downsizing which saw 10,000 employees exit Microsoft in January, the company will cut down on more workers as it resumes 2024 fiscal year.
Meet Taiwo Oyedele, the man Tinubu appointed to head Fiscal and Tax Reforms Committee
President Bola Tinubu has appointed tax expert and PwC executive, Taiwo Oyedele to head the Presidential Committee dedicated to Fiscal Policy and Tax Reforms.
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