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Some public servants earn salaries higher than President – RMAFC

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) says some public servants earn salaries bigger than that of President Muhammadu Buhari. “The salary of Mr...

Inflation: CBN raises lending rate to 16.5 per cent

The Central Bank of Nigeria, CBN has raised its lending rate to 16.5 percent in a bullish move to stymie rising inflation and pressure...

CBN raises MPR to 16.5%, retains other parameters

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), on Tuesday increased the country’s Monetary Policy Rate (MPR) by 100 basis...

Currency Redesign: CBN commits to protecting Nigerians in unbanked, underserved, rural areas

The Central Bank of Nigeria, CBN says it is committed to protecting Nigerians in unbanked, underserved, rural areas. This was contained in a statement signed...

FIRS tasks MTN, Airtel, banks to withhold VAT

The Federal Inland Revenue Service (FIRS) has appointed MTN, Airtel, and commercial banks to withhold Value Added Tax (VAT) charged on all taxable supplies...

Naira gains slightly, exchanges at 445.50 to dollar

The naira on Friday exchanged at 445.50 to the dollar at the Investors and Exporters window, an appreciation of 0.06 per cent, compared with...

CBN destroys over N6tn banknotes under Buhari

The Central Bank of Nigeria is expected to have destroyed over N6tn worth of mutilated and old banknotes when the regime of the President...

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