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ECONOMY
2025 Budget: Nigeria’s Fiscal Realities Warrant Critical Reflection – Speaker Abbas
The Speaker of the House of Representatives, Hon. Abbas Tajudeen, has said the government needs to reflect on the fiscal realities of Nigeria’s economy, especially the budget-population ratio of the country, when Nigeria is…
Abia Airport: Deputy Speaker, Kalu Commends President Tinubu, FG for Prioritizing Devt of S/East
The Deputy Speaker of the House of Representatives, Hon. Benjamin Okezie Kalu, has commended President Bola Ahmed Tinubu and the Federal Government for prioritizing the development of the South East region.
…
President Tinubu to Present 2025 Budget on Dec 17
President Bola Tinubu will now present the 2025 national budget to the joint session of the National Assembly on Tuesday, December 17, 2024.
President of the Senate, Senator Godswill Akpabio made the disclosure on Thursday during Senate…
We Have Not Suspended, Withdrawn Tax Reform Bills- Senate Leader, Sen Bamidele
Amid the what he described as "misrepresentation of its legislative intent," the Leader of the Senate, Senator Opeyemi Bamidele on Thursday clarified that the upper chamber of the National Assembly did not suspend or…
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Banks Increase Withdrawal Limit to N50, 000
Deposit Money Banks (DMBs) in Nigeria have increased maximum withdrawal limit at the over-the-counter in their branches from N20, 000 to N50, 000.
FACTSHEET checks in some banks in Enugu, Lagos, Rivers, the Federal Capital Territory…
Nothing Wrong with Tax Reforms, Just Be Transparent, Carry Nigerians Along, Obi Tasks Tinubu
The 2023 presidential candidate of the Labour Party (LP), Mr. Peter Obi has called on President Bola Tinubu’s government to engage more with Nigerians on the proposed tax reform bill currently before the National Assembly.
Mr. Obi…
Proposed Tax Bills NOT Intended to Impoverish Any Region, But to Streamline Taxes, Improve…
The presidency has made clarifications on the controversial tax bills currently before the National Assembly saying that the bills were primarily intended “to streamline tax administration in Nigeria and make the…
PDP Nat’l Chairmanship Hopeful, Utaan Preaches Unity, Supports Feb NEC Meeting
An aspirant for the National Chairmanship of the Peoples Democratic Party (PDP), Engr. Conrad Terhide Utaan has emphasized the importance of unity as the party prepares for a critical National Executive Committee (NEC)…
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Manufacturers Hold AGM in Enugu, Suggest Ways to Revive Nigeria’s Economy
Stakeholders in the manufacturing sector have called for urgent investment and strategic support to revitalise Nigeria’s economy through non-oil exports.
The appeal was made at the 36th Annual General Meeting of the…
Tax Reform Bills Pass Second Reading in Senate, Prose New Revenue Sharing Formula
The Senate on Thursday resumed its debate on the Tax Reform Bills, a set of four legislative proposals to increase value-added tax (VAT) distributable to the subnational governments to 55% while reducing the federal government’s share to…