Category: Policy and Regulations

NASS sends Business Facilitation Bill to Buhari

Following the passage of the Business Facilitation Bill 2022 by the National Assembly, the Clerk...

FG to introduce 0.5% import levy to cushion debt servicing

The Federal Government has said plans are in place to commence a 0.5% levy on...

Digital currency won’t eliminate naira notes – CBN

The Central Bank of Nigeria on Saturday disowned the statement credited to one of its...

Money Laundering Act: Banks, firms to pay N1m daily for suspicious transactions

As part of its fresh move against money laundering, the Federal Government has enforced a...

CBN issues open banking guidelines to enhance competition

The Central Bank of Nigeria has issued the regulatory framework for Open Banking in Nigeria...

FG extends money laundering law to casinos, others

The Federal Government has introduced stricter regulations in the operation of casinos in Nigeria, as...

Over 50 companies shut down over forex, power crises

More than 50 Nigerian manufacturing companies have shut down in the last five years, according...

FG grants three-year tax relief to 33 companies, bars 10 firms

The Federal Government approved the application of 33 companies seeking pioneer status under the Industrial...

Two million people’ll start receiving N20bn monthly from June -FG

Two million people will start receiving about N20bn from June this year as basic cash...

Senate threatens Akpabio, NDDC boss arrest over N2.2bn contractors’ fees

THE Senate’s Committee on Ethics, Privileges and Public Petitions has summoned the Minister of Niger...

Commission freezes over 30 accounts of loan sharks

The Federal Competition and Consumer Protection Commission says it has frozen no fewer than 30...

Enforce use of coins, Reps urge CBN

The House of Representatives has urged the Central Bank of Nigeria to “reinforce the use of...