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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Naira gains N37, experts warn dollar hoarders of big losses
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Lab-grown diamonds robbing southern Africa of riches
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CBN crashes dollar with $29 million intervention in FX market
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Financial analysts X-ray Tinubu’s deft economic moves 30 days after
Financial experts have expressed mixed feelings about President Bola Tinubu's economic moves in the last 30 days since he became Nigeria's President on May 29
Geopolitical zones in Nigeria with highest food inflation as FG prepares to take VAT from traders
The Nigerian Bureau of Statistics (NBS) has revealed that the South East and South-South recorded the highest food prices in May as FG begins VAT collection
Proof of Ownership: FG to generate N12bn from 12 million vehicles in Nigeria
The FG's imposition of a N1,000 annual charge for a Proof of Ownership Certificate on all vehicles in the country will generate about N12 billion in revenue.
Finally, naira nears convergence in black and official markets to achieve Tinubu’s aim
The Nigerian currency, the naira, traded at almost the same rate in both the official and black markets on Monday, July 3, 2023, as demand for the dollar slowed
CBN moves to intervene as PoS operators begin hike in charges
The Central Bank of Nigeria has stated that it will intervene in the planned rates hike by PoS operators across the country as experts say the move defies CBN.
Proof of ownership certificate: Nigerians knock FG over N1,000 annual charge for all vehicles
A tax expert has described FG's plan to charge private and commercial motorists the sum of N1,000 for proof of ownership certificate annually as retrogressive.
Bank of America speaks on naira devaluation as Tinubu reveals why he unified the exchange rates
The Bank of America has revealed that the naira was grossly undervalued following the floating of the currency float by the Nigerian government a few weeks ago
Nigerians can now import vehicles through land borders, FG gives approval
The Nigerian government has approved the importation of vehicles through land borders, specifically, the Cotonou-Seme border, to boost economic activities.
Fuel subsidy removal: Nigerian bank, companies raise employees' salaries to reduce hardship
As Nigeria grapples with economic challenges, some companies are taking proactive measures to alleviate employees' financial burdens by increasing salaries.
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