New Zealand halts 90-day work visa trial periods
The New Zealand immigration office has stated that companies hiring people with an Accredited Employer Work Visa are no longer permitted to give their…
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Dangote deny illegal FX dealings, money laundering allegations
Dangote Industries Limited’s management has denied allegations of involvement in illicit foreign exchange transactions and cautioned against spreading such accusations,…
Oil revenue drops by 36% in May, says CBN
In May 2023, the Federal Government’s oil revenue target saw a significant drop from N804 billion to N223 billion, marking a…
CBN clears forex backlogs – Report
Reports have indicated that the central bank has “cleared” forex backlogs of banks and airlines. According…
Tinubu writes Senate, seeks $7.8bn, €100m loans approval
President Bola Tinubu on Wednesday sought the approval of lawmakers at the Red Chamber for another $7.8bn and another €100m. This is…
Defense, works top Tinubu’s 2023 supplementary budget proposal
President Bola Tinubu gave top priority to safeguarding Nigerians and their belongings in his N2.176tn 2023 supplemental budget plan, which was presented…
CBN debunks naira redenomination plans
The Central Bank of Nigeria on Tuesday, refuted claims that it has plan to redenominate or restructure the naira notes in 2024.…
New FX rules’ll help Naira regain value, says Oyedele
By Wilson Adekumola Chairman, the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has disclosed that Federal…
How food prices rose in September – NBS
By Wilson Adekumola The National Bureau of Statistics has revealed how prices of beef, rice, beans, onion, yam and other food…
Pensioners urge PTAD to tackle payment issues, others
The Association of Retired Federal Senior Public Officers of Nigeria has urged the Pension Transitional Arrangement Directorate to reinstate the use of…
Oil, manufacturing sectors got highest tax exemption in 2022 – Report
The Federal Government gave the greatest tax exemption to operators in the country’s oil and manufacturing sectors in 2022, totaling N1.42 trillion.…
MTN, Flour Mills, others cut NGX market valuation by N67bn
The market’s reaction to the Supreme Court’s ruling on the 2023 general election cases has resulted in a N67 billion decline in the market capitalization…