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Thursday, January 27, 2022
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CATEGORY

Economy

FG Approves N3trn to Sustain Petrol Subsidy in 2022 Budget

A day after the federal government announced its plan to delay implementation of the Petroleum Industry Act (PIA) and retain payment of petrol subsidy...

How eNaira is Doing Three Months on — Emefiele

Mr Godwin Emefiele, Governor, Central Bank of Nigeria (CBN) says Nigerians are gradually adopting the eNaira, launched three months back. Emefiele said this while answering...

Nigeria Suspends Removal of Fuel Subsidy

Nigeria’s Finance Minister, Zainab Ahmed on Monday said the government has suspended the plan to remove fuel subsidy by the end of the first...

CITN Applauds FCT-IRS for Generating N118bn in 2021

The Chartered Institute of Taxation of Nigeria (CITN) has commended the Federal Capital Territory Internal Revenue Service (FCT-IRS) for generating N118 billion revenue in...

NGX Gains N810bn Ahead of First MPC Meeting

The Nigerian Exchange Ltd. (NGX) has posted a growth of N810 billion ahead of the first 2022 Monetary Policy Committee (MPC) slated for Jan....

CBN to implement E-Invoice for Importers, Exporters from February 1

SEUN PETERS The Central Bank of Nigeria has said that all import and export operations will require the submission of an electronic invoice authenticated by...

Nigeria to Prioritise Taxes From Digital Non-resident Firms in 2022

Nigeria will prioritise tax collection from its digital economy in 2022 and focus on non-resident firms with significant economic presence that generate turnover in...

World Bank $750m Support to Complement FG on Social Investment, Job Creation – Osinbajo

As part of the Buhari Administration’s plan to take 100 million Nigerians out of poverty in ten years, the World Bank supported COVID-19 Action...

Our Intervention In Agric Sector Has Reduced Rice Importation – CBN

  By Abdulwaheed Olayinka Adubi The Central Bank of Nigeria (CBN), said that its intervention in the agricultural sector in Nigeria has massively reduced importation of...

Negative Surprise as December Inflation Increases by 22 bps to 15.62%

Bucking the recent deceleration, headline inflation surprised negatively in the month of December 2021, as the rate increased by 22 bps to 15.62% YoY. The...

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