Why we’ll advise businesses to pay Sept VAT to FIRS – LCCI

Amid the dispute between the Federal Inland Revenue Service and the Rivers State Government over the collection of Value Added Tax and the order by the Court of Appeal directing…

UBA publishes names, account details of forex defaulters

The United Bank of Africa has published the names of some individuals who applied for Personal Travel Allowance and bought cheap dollars at the bank but did not use it…

China declares all crypto transactions illegal

China’s central bank on Friday said all financial transactions involving cryptocurrencies are illegal, sounding the death knell for the digital trade in China after a crackdown on the volatile currencies.…

Naira will fall from N570/$1 to N400/$1 at black market if MASSIVE RUSH OF DOLLAR– CBN ex-deputy gov, Moghalu

A former Deputy Governor of the Central Bank of Nigeria, Kingsley Moghalu, says the value of the naira will fall from N570/$1 to N400/$1 at the parallel market if there…

5G network ready January 2022 –Pantami

Mr Isa Pantami, Minister of Communication and Digital Economy, says the Five Generation (5G) network will be deployed in Nigeria in January 2022, and will aid surveillance against vandalism of…

disregard calls for Emefiele’s resignation

The Spokesman of the Central Bank of Nigeria (CBN), Mr Osita Nwanisobi, has faulted calls from certain quarters for the resignation of the CBN Governor, Mr Godwin Emefiele, over issues…

Nigerians paid N2.15trn for petrol in 12 months, says NNPC

The Nigerian National Petroleum Corporation, NNPC, has disclosed that consumers paid N2.153 trillion for premium motor spirit (petrol) in 12 months from June 2020 to May 2021. NNPC, in a…

Group Vows To Investigate Death Of Member, Ex-Central Bank Of Nigeria Deputy Governor, Mailafia

The National Consultative Front (NCFront) has described the death of a former Deputy Governor of the Central Bank of Nigeria (CBN), Dr Obadiah Mailafia, as “unbelievable”. The 64-year-old development economist…

Naira crisis: Bureaux de change join CBN’s battle against illegal forex dealers

Amid desperate moves by the Central Bank of Nigeria to sanitise the forex market and halt the naira’s free fall, the Association of Bureaux De Change Operators of Nigeria says…

United Airlines joins Delta on Nigeria-US routes

United States carrier, United Airlines, says it will operate the first-ever nonstop flight between Washington, D.C and Lagos, Nigeria and offer more flights between the US capital and Africa than…