Wednesday, November 13, 2019
IMF backs Buhari on VAT increase

IMF backs Buhari on VAT increase

The International Monetary Fund (IMF) on Wednesday said the recent decision by the Nigerian government to raise the Value Added Tax by 50 per...
CBN sanctions four banks for money laundering, others

CBN sanctions four banks for money laundering, others

The Central Bank of Nigeria and Financial Reporting Council of Nigeria sanctioned four commercial banks between January and June for various infractions, The Punch...
CBN sanctions four banks for money laundering, others

No going back on cashless policy, says CBN

The Central Bank of Nigeria on Friday said it would continue to implement the cashless policy in line with its mandate to ensure an...
UBA exempts debit card, digital transactions from CBN’s cashless policy charges

UBA exempts debit card, digital transactions from CBN’s cashless policy charges

United Bank for Africa has said that transactions done through any of its digital channels will not be subject to the Central Bank of Nigeria’s...
Four banks generate N24.3bn from account maintenance charges

Four banks generate N24.3bn from account maintenance charges

Between January and June 2019, four leading banks generated N24.3bn from account maintenance charged on their customers’ accounts, investigation has shown. This is an increase...
NNPC: Petrol will continue to sell at N145 per litre

NNPC: Petrol will continue to sell at N145 per litre

Despite increased landing cost of petroleum products, Premium Motor Spirit will continue to sell at N145 per litre, the Nigerian National Petroleum Corporation has...
Petrol landing cost now N180 per litre, says Kachikwu

Petrol landing cost now N180 per litre, says Kachikwu

The landing cost of Premium Motor Spirit, also known as petrol, is N35 higher than the pump price of N145 per litre, the Minister...
IMF ranks Nigeria second worst in the world in use of sovereign wealth fund

Nigeria’s economy slipping – World Bank

The World Bank has said that the Nigerian economy has been slipping since 1995 and this continued till 2018. The bank, in its latest report...
We may start selling petrol above N145 – IPMAN

We may start selling petrol above N145 – IPMAN

The Independent Petroleum Marketers Association of Nigeria has urged the Federal Government and the Nigerian National Petroleum Corporation to ensure that private depot owners...
GTBank refutes judgment ‘ordering’ Innoson to take over its properties

GTBank refutes judgment ‘ordering’ Innoson to take over its properties

The Guaranty Trust Bank has refuted the news that a Federal High Court in Awka, Anambra State has granted Innoson Nigeria Limited leave to...

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