…appeals to Ondo residents to pay taxes By Akintunde Jacobs, Akure Ondo State Governor, Oluwarotimi Akeredolu, has signed the 2023 appropriation bill into Law. Recall that Governor Akeredolu had on December 5, 2022, presented a total budget proposal of N272.736…
The Central Bank of Nigeria (CBN) has increased the maximum weekly limit for cash withdrawals across all channels by individuals and corporate organisations to N500,000 and N5 million, respectively. The CBN said this in a letter addressed to banks on…
The Managing Director of Nigerian Ports Authority (NPA), Mr Mohammed Bello-Koko, says Nigeria has not fully utilised the opportunities offered by the upstream maritime economy. Bello-Koko said this at the conference of the Association of Maritime Journalists of Nigeria (AMJON)…
By Seun Ibiyemi Following the distribution of the federal allocation funds to the State and Local Governments, Ogun State Government has assured that there would be an improvement on the allocation in 2023, as it would not relent in bringing…
The World Bank has advised Nigeria that the transition period of the naira redesign initiative by the Central Bank of Nigeria, CBN, is short and would harm the country’s economy, especially the poor. The bank stated this in its recent…
In a bid to provide succour and ensure the payment of the entitlements of ex-workers of aviation ground handling service provider – Skyway Aviation Handling Company Plc (SAHCO), the National Council on Privatization (NCP), presided over by Vice President Yemi…
By Idris Bakare Today’s financial system is the product of centuries of innovation as Nigeria has come a long way in its financial inclusion pursuit. From 2012, when the Central Bank of Nigeria (CBN) initiated the Nigerian Financial Inclusion Strategy,…
The Minister of Finance, Budget and National Planning, Dr Zainab Ahmed, has said Nigeria needs help from the private sector to meet its public investment needs. Ahmed said this at the presentation of the latest World Bank Nigeria Development Update…
Akwa Ibom House of Assembly passed the state’s N700 billion 2023 budget into law on Thursday in Uyo. The budget is made up of N344.005 billion recurrent expenditure and N355.995 billion capital expenditure. The House increased the Executive’s proposal by…
Headline inflation rate increased to 21.47 per cent on a year-on-year basis in November, the National Bureau of Statistics (NBS), has said. It made the declaration in its Consumer Price Index (CPI) and Inflation Report for November 2022 released in…
