Banks limit PoS withdrawal of N100k daily, N500k weekly, commence implementation
From News Editor Indications has emerged that banks have begun the implementation of a daily withdrawal limit of N100,000 and…
Category: Business
Nigerian Governors reject increase in VAT, back Tinubu’s tax reform bills
From News Editor The Nigeria Governors’ Forum, NGF, has rejected moves by the Federal Government to increase Value Added…
CBN fines Fidelity Bank, First Bank Plc, UBA, six others N1.35bn for ATM cash scarcity
From News Editor The Central Bank of Nigeria has sanctioned nine Deposit Money Banks with fines totalling N1.35bn for…
Fuel prices may rise in coming days as crude nears $80/barrel
From News Editor The prices of refined petroleum products may rise in the coming days following the increase in…
NAMA commences calibration of landing equipment at Ekiti Airport … EKSG says airport set for commercial operations
From News Editor The Nigeria Airspace Management Agency (NAMA) on Friday commenced the calibration of landing system at…
Nigeria gets W’Bank $1.5bn for implementing subsidy removal, tax bills
From News Editor The World Bank has fully disbursed a $1.5bn loan to Nigeria following the Federal Government’s implementation…
Google, Facebook, others pay N3.8tn tax to FG in 2024 – Report
From News Editor Google, Netflix, Facebook, and other foreign companies operating in Nigeria paid N3.85tn in taxes to…
Police issue tips to bank customers against ATM fraudsters
From News Editor The Yobe State Command of the Nigeria Police Force has released tips on how bank…
CBN to retire 1,000, offers 50 billion payoff plan
From John Adeleye There are indications that the Central Bank of Nigeria (CBN) may retire about 1,000 of…
Just In : FG begins N50 electronic levy deductions from users of Opay, Moniepoint, others
From News Editor The federal government has commenced N50 electronic levy deductions from transactions of N10,000 and above…