Finance
FIRS Boss Pushes For 50% Windfall Tax On Banks, Says It’ll Balance Reduced Tax Revenue From Manufacturing Sector
On Monday, Finance Minister Wale Edun and Federal Inland Revenue Service (FIRS) Chairman Zacch Adedeji appeared before the Senate Committee on Finance to...
Ghana’s Public Debt Hits GHC742 Billion, 70.6 Per cent of GDP – Finance Minister
Ghana’s Finance Minister, Dr Mohammed Amin Adam, has announced that the country’s public debt has reached GHC742.0 billion, equivalent to 70.6 per cent...
ABUTH Resident Doctors Call Off 5-Day Strike After ‘Talks With Management’
Resident doctors at Ahmadu Bello University Teaching Hospital (ABUTH) have suspended their proposed five-day warning strike. The strike, which began on July 22,...
Ngozi Okonjo-Iweala Considering Second Term as WTO Director-General Amid Broad International Support
World Trade Organization Director-General Ngozi Okonjo-Iweala is considering a second term tenure at the apex international trade body amid an outpouring of support...
Customs Auction 26,625 Litres of Seized Petrol At N9000/25-litre Keg In Cross River
The Nigeria Customs Service (NCS) Cross River/Akwa Ibom Command has auctioned 26,625 litres of seized petrol to the public. This is according to...
Dangote Accuses Government of Sabotage, Offers to Sell 650,000 BPD Dangote Refinery To NNPC
Aliko Dangote has offered to sell his multibillion-dollar oil refinery to the state-owned energy company, Nigerian National Petroleum Corporation (NNPC) Limited, accusing the...
UAE Signs $817 Million Currency Swap Deal with Ethiopia
The United Arab Emirates (UAE) and Ethiopia have signed a bilateral currency swap of up to 3 billion dirhams ($817 million), according to...
Breaking: CBN To Take Over All Dormant Accounts For Treasury Bill Investments
The Central Bank of Nigeria (CBN) has issued new directives to banks and financial institutions regarding dormant accounts. The CBN will now take...
Nigeria’s FCCPC Hits Meta with $220 Million Fine For Data Use Violations
The Federal Competition and Consumer Protection Commission (FCCPC) has fined Meta, the parent company of Facebook, WhatsApp, and Instagram, $220 million for violating...
Shareholders Condemn Tinubu’s Plan To Impose 50 Percent Windfall Tax on Banks’ Forex Gains
The New Dimension Shareholders Association of Nigeria (NDSA) has condemned the Federal Government’s decision to impose a 50 per cent windfall tax on...
CBN Resumes Dollar Sales To BDCs After Stopping In March
The Central Bank of Nigeria (CBN) has resumed the sale of dollars to Bureau de Change (BDC) operators. This decision came after a...
IMF Approves $71 Million Aid to Niger
The International Monetary Fund (IMF) Executive Board has approved the disbursement of $71 million to Niger on Wednesday. This payment is part of...