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    Monetary Policy

    Nigerian commercial banks reportedly make COVID-19 vaccination compulsory for staff

    Nigerian banks have reportedly issued directives mandating staff to get vaccinated against COVID-19, or post negative covid-19 results every two weeks. According to a report...

    FIRS considers collection of road tax from hairdressers and carpenters

    Executive chairman of the Federal Inland Revenue Service (FIRS), Muhammad Nami has disclosed the agency's plan to make the informal sector contribute to building...

    Nigeria’s FX Turnover On FMDQ Drops By 28.4% On Reduced CBN Interventions, Foreign Portfolio Investment

    By Darasimi Adebisi Following reduced interventions by the Central Bank of Nigeria (CBN) and decline in foreign portfolio investment (FPI) net flows, total Foreign Exchange...

    Nigeria-China N720 Billion Currency Swap Collapses

    •Operators allege sabotage –Expert Three years after the Central Bank of Nigeria (CBN) signed a currency swap deal with the People’s Bank of China (PBoC),...

    FIRS generates N4.2tr revenue. Falls short of target

    Revenue worth N4.2 trillion was generated by the Federal Inland Revenue Service (FIRS) by the third quarter ended September 2021 (Q3 2021), against N7.61...

    FG raises PPPRA, CBN, others’ revenue targets by N754.31bn

    The Federal Government has reviewed upwards the independent revenue projection for Ministries, Departments and Agencies in the 2022 fiscal period by N754.31bn. The N754.31bn indicates...

    Carpenters, Taxi Drivers Should Be Made To Pay Tax – House Of Representatives

    A member of the house of representatives, Fakeye Olufemi, is of the opinion that owners of small and medium-sized enterprises including carpenters and taxi...

    AMCON Gets ₦1.6 Billion Funds Recovered By EFCC

    The Assets Management Corporation of Nigeria (AMCON), has received a total sum of N1, 667,582,605.04 recovered by the Economic and Financial Crimes Commission (EFCC)...

    Imo state Governor advocates establishment of special fund, review of revenue sharing formula

    By Peter Okolie Owerri, Oct. 13, 2021 Gov. Hope Uzodimma of Imo has called for the establishment of special fund to compensate the South-East,...

    ALGON partners firm to sensitise on unified tax structure for transportation sector

    By Adekunle Williams Lagos, Oct. 11, 2021 The Association of Local Governments of Nigeria (ALGON) has partnered with ATD Global Security Services to sensitise...

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