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Economy
Subsidy Palliative: FG gives states N5bn to buy rice, maize
The Federal Government has approved N5bn for each state and the Federal Capital Territory (FCT) to enable them to buy...
Read moreFG to streamline taxes from 52 to 10, rename FIRS
The Federal government plans to reduce the number of taxes from 52 to 10 in its bid to ensure ease...
Read moreFG establishes ‘Infrastructure Support Fund (ISF) for the 36 States of the Federation’
President Bola Tinubu has approved the establishment of Infrastructure Support Fund (ISF) for the 36 States of the Federation as...
Read moreInflation in Nigeria rises to 22.79% in June 2023
The Consumer Price Index (CPI), which measures the average change over time in the prices of goods and services consumed...
Read moreCBN includes Naira as payout option for diaspora remittance
The Central Bank of Nigeria (CBN) has directed all Deposit Money Banks (DMBs), International Money Transfer Operators (IMTOs) to include...
Read moreFG to Harmonise FIRS, Customs, other revenue-collecting agencies
The Federal Government is set to harmonise all revenue-collecting agencies in Nigeria in its bid increase the country's revenue. This...
Read moreFull Text: Tinubu suspends, differs taxes
TEXT OF STATE HOUSE PRESS BRIEFING ON PRESIDENTIAL INTERVENTIONS ON MAJOR CONCERNS OF MANUFACTURERS AND OTHER STAKEHOLDERS REGARDING SOME RECENT...
Read moreTinubu suspends 5% telecom tax, Green tax, import tax on vehicles, others
President Bola Tinubu has signed four executive orders, including the suspension Green Tax by way of Excise Tax on Single...
Read moreFG to begin collection of VAT from market traders, informal sector
The Federal Government of Nigeria through the Federal Inland Revenue Service (FIRS) has announced a VAT Direct Initiative (VDI) which...
Read moreJUST IN: CBN sets N15k limit for contactless payment
The Central Bank of Nigeria (CBN) has set new transaction limits for contactless payments across the country. The new limits...
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