The Nigerian Customs Service, NCS had raised alarm over serial infractions in duty payment on fairly used vehicles (Tokunbo), noting that some freight forwarders were short-changing the Federal Government.The Service stated that the value approved on the assessment slip...
The Central Bank of Nigeria (CBN) has released fresh operational mechanisms for the sale of forex by Bureau De Change (BDCs) operators within the country. This is coming 25 months after Godwin Emefiele, the suspended CBN governor, announced the...
World Bank has advised the federal government to ensure accountability in the disbursement of proceeds from fuel subsidy removal.According to report by FRCN, the Country Director, World Bank, Nigeria Office, Professor Shubham Chaudhuri, said this in Ibadan at a...
The Presidency has stated that it would continue to engage and dialogue with the union leaders to achieve same goal. This follows the threat by the Nigerian Labour Congress, NLC, to embark on an indefinite strike if the pump...
Amid tightening monetary policy stance and global volatility considerations, the federal government raked in N312.56 billion through the August FGN bond auction held by the Debt Management Office (DMO) Monday. Four instruments were offered to investors at the auction...
The Association of Bureaux De Change Operators of Nigeria (ABCON) has urged the federal government to ban binance operation in the country. Aminu Gwadabe, ABCON president, stated this in an interview on Tuesday in Lagos. Binance is an online...
The Director General of the World Trade Organisation (WTO), Okonjo-Iweala visit President Bola Tinubu at the Presidential villa on Tuesday, August 8, 2023.Okonjo-Iweala disclosed that her visit to villa was to channel how Nigerians can benefit more from the...
President Bola Tinubu says a comprehensive forensic audit of the Central Bank of Nigeria (CBN) is underway, while a thorough overhaul of the civil service payroll is imminent. The president disclosed this during an audience with the President of...
The Federal Competition and Consumer Protection Commission (FCCPC) has delisted another 18 Digital Money Lenders (DMLs) for operating without regulatory approval.A statement by Mr Babatunde Irukera, the Executive Vice Chairman of the Commission, said this on Wednesday in Abuja.Irukera...
The Vice Chancellor, University of Abuja(UniAbuja), Prof. Rasheed Na’Allah, has disclosed that more than 1,000 students of the institution have registered their private companies with the Corporate Affairs Commission (CAC).Na’Allah, who disclosed this during an interactive session with journalists...
