A total of N48.7billion has been returned to federal government coffers by the Revenue Mobilization Allocation and Fiscal Commission, RMAFC, from unremitted funds it recovered from collecting banks engaged by some government agencies.
The Commission recently revealed that it had recovered the s [...]
The Nigeria Deposit Insurance Corporation, NDIC, has been commended for setting a standard for capacity building on Deposit Insurance System, DIS, in African.
The recent commendation which came from the United States Department of Treasury, particularly commended the NDIC for setting up a world [...]
At least 358 youths took delivery of materials worth N133million in the first phase of the Agribusiness Small and Medium Enterprises Investment Scheme, AGSMEIS, of the Central Bank of Nigeria.
The disbursement is part of the N26billion AGSMEIS fund arrangement of the apex bank and the Deposit M [...]
The Presidency may have finally bowed to pressures from some state governors, individuals and business owners to extend its tax amnesty period, as President Muhammadu Buhari last week approved an additional 90days extension of the Voluntary Assets and Income Declaration Scheme.
Minister of Fina [...]
Nigeria’s inflation rate dropped by 0.99percent points to hit 13.34percent in March 2018, away from the 14.33 percent recorded in February, the National Bureau of Statistics, NBS, has disclosed.
The Bureau reports in its Consumer Price Index, CPI, which measures inflation, that the figure [...]
Nigeria’s apex bank has asked policy makers and leaders to remain vigilant so the country does slip back to another economic recession, stressing that it is not time to be confident of the recovery made.
The governor of the Central Bank, Mr. Godwin Emefiele, gave the advice at the 25th ed [...]
MTN Nigeria has so far paid over 50percent of the N330 billion fine slammed on it in for its failure to comply with the federal government’s rules on deactivation of unregistered SIM cards.
The Nigerian government had in October 2015, imposed N1.04trillion fine on the telecom giant for fa [...]
The National Pension Commission, PenCom, said it is mapping out new strategies that will allow married couples draw mortgages from their retirement savings under the Contributory Pension Scheme.
The new guideline, when fully implemented, will allow spouse who have Retirement Savings Accounts wi [...]
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