The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele has announced a 10-day extension of deadline for the submission of old Naira Notes, from January 31, 2023, to February 10, 2023.
Emefiele who disclosed this in a statement on Sunday, January 29, 2023 said, the decision was...
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele has declared that there would be no extension of deadline for the collection of old Naira Notes.
Emefiele who announced this while briefing newsmen shortly after the Monetary Policy Committee (MPC) meeting on Tuesday in Abuja says, the...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted to raise interest rate to 17.5 percent from the previous rate of 16.5 percent held in November 2022.
MPC's decision to raise the benchmark interest rate by 100 basis points was announced by the apex bank's...
The Federal Inland Revenue Service (FIRS) has announced that it collected over N10 trillion in tax revenue in the year 2022, the highest tax collection ever recorded in its history.
The Service made this known in its “FIRS 2022 Performance Update,” report signed by its Executive Chairman, Mr. Muhammad Nami,...
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has resumed duty after his annual vacation abroad.
This was disclosed by the Director, Corporate Communications, CBN, Osita Nwanisobi in a statement on Monday in Abuja.
He noted that "Mr. Emefiele, who proceeded on leave in December 2022, resumed...
The Central Bank of Nigeria (CBN) has once again made clarification on the recent sale of Polaris Bank by the Federal Government.
CBN's clarification was contained in a statement issued today by its Director, Corporate Communications, Osita Nwanisobi in Abuja.
The apex bank in a statement said, its attention was drawn...
The Federal Inland Revenue Service (FIRS) has announced that taxpayers can now get their Tax Clearance Certificate in a single click via its flagship Taxpro Max solution.
The TaxPro Max, a tax administration solution introduced by the apex tax authority in June 2021 is a one-stop-shop for taxpayer registration, tax...
The Federation Account Allocation Committee (FAAC) has shared a total sum of N902.053 billion November 2022 Federation Account Revenue to the Federal Government, States and Local Government Councils.
This was contained in a communiqué issued at the end of the Federation Account Allocation Committee (FAAC) meeting for December 2022.
The N902.053...
Public and private sector stakeholders across the financial services industry have canvassed support for the Nigeria Deposit Insurance Corporation (NDIC) Act 2006 Amendment Bill currently before the National Assembly with a view to strengthening the capacity of the Corporation to contribute more effectively and efficiently to the stability of...
In an apparent move to strengthen the Naira, the Central Bank of Nigeria (CBN) has capped weekly cash withdrawal for individuals and corporate organizations to N100,000 and N500,OOO respectively.
The development was contained in a circular signed and issued to all deposit money banks (DMBs) and other financial institutions (OFls)
by...
