The Economic and Financial Crimes Commission has asked all commercial banks in the country to investigate the sources of income of their potential customers before opening...
There was confusion on Apapa-Oshodi Expressway, Lagos on Tuesday as commuter bus drivers protested alleged extortion by officials of the Lagos State Traffic Management Authority, Lagos...
A new revenue allocation formula will be presented to President Muhammadu Buhari by the end of 2021, the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has...
The House of Representatives Committee on Finance has rejected N1.33tn revenue target of the Nigeria Customs Service for 2022, saying it is too low. The committee...
The International Monetary Fund has announced $650bn special drawing rights (SDRs) for member countries to boost the liquidity, with Nigeria getting $3.35 billion. Managing Director of...
South Korean automaker, Kia Corporation, is set to unleash its new elegant sports car, K8, in the Middle East region, the first model to arrive following...
The Federal Inland Revenue Service (FIRS) has directed taxpayers in the country to continue to pay value-added tax (VAT) to the agency to avoid facing penalties...
The plan by the Federal Government to unbundle the Nigerian Railway Corporation into four separate companies as part of its efforts to modernise the railway system...
The Central Bank of Nigeria (CBN) has pegged maximum loan limit for Microfinance Banks (MfBs) at N1 million per transaction. The apex bank gave this directive...
The Central Bank of Nigeria has ordered banks to place a post-no-debit on the bank accounts of 18 companies. A post-no-debit means that all debit transactions,...