Buhari asks to borrow N819.5 billion to finance 2022
President Muhammadu Buhari has asked the House of Representatives to approve N819.5 billion supplementary budget for 2022.Information Guide Nigeria This was revealed in a letter read by Speaker…
Naira redesign will affect the poor, SMEs — W’Bank
The World Bank has cautioned that the newly redesigned naira, which entered circulation last week, may have a detrimental impact on economic activity, particularly among Nigeria’s poor, due…
Cash limits: PoS operators give CBN ultimatum
The Association of Mobile Money and Bank Agents in Nigeria is optimistic that the Central Bank of Nigeria would alter its stance on cash withdrawal limitations prior to…
Finance Bill: Dangote, 7UP, 170 firms may lose N2.4tn tax waivers
The Pioneer Status Incentive and other tax exemptions worth around N2.4 trillion may not be available to at least 172 companies as the federal government seeks to phase…
Lawmakers Raises Alarm Over missing N89 Trillion Stamp Duty Proceeds
House of Representatives member from Jigawa, Mr. Muhammed Kazaure has raised the alarm of alleged theft of stamp duty proceeds running into N89 trillion.Information Guide Nigeria The lawmaker…
Minimum wage can be N80,000 under Obi -LP
The Labour Party has said that if its presidential candidate wins the 2023 election, the country’s minimum wage can be as high as N80,000 to N100,000.Information Guide Nigeria…
Naira loses to dollar, exchanges at 445.83
The naira was trading at 445.83 to the dollar at the Investors and Exporters window on Wednesday, down 0.01 percent from the previous day’s rate of 445.80. On…
Reps query NNPC, CBN, others over unaudited accounts
The House Committee on Public Accounts has released its report on Federal Government ministries, departments, and organizations that failed to submit audited accounts within eight years. The Central…
FG to review criteria for disbursing N500bn loan
Zainab Ahmed, Minister of Finance, Budget, and National Planning, stated that the Federal Government will review the criteria used by development banks in the country to disburse loans…
House of Reps orders CBN to suspend new cash withdrawal limit
The House of Representatives has requested that the Central Bank of Nigeria (CBN) postpone the implementation of the new cash withdrawal policy scheduled for January 9, 2023, pending…