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ECONOMY
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)…
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…
Parliamentary Monitoring Group calls for speedy passage of Tax Reform Bills
As the debates for and against the proposed Tax Reform Bills continue to heat up, a pro-democracy organisation, known as Parliamentary Monitoring Group (PMG), has assured Nigerians that President Bola Ahmed…
Osun Governor Presents N390 billion Budget for 2025
Governor Ademola Adeleke of Osun State has presented a budget of N390 billion to Osun State House of Assembly for the 2025 fiscal year.
Presenting the budget on Wednesday, Governor Adeleke said that the budget is a of his “…
Nigeria Needs $3 trillion Investment in 30 Years to Close Infrastructure Gap – Abbas
Press
Speaker of the House of Representatives, Hon. Tajudeen Abbas, on Tuesday disclosed that Nigeria needed to invest $3 trillion over the next 30 years to bridge the gap in infrastructure.
He also said that road network,…
JUST IN: GTB Gives Update on Disruption of Services, to Reopen Branches by 12pm
The management of Guaranty Trust Bank Nigeria PLC (GTB) has announced that the bank will open its doors to customers by 12pm on Monday.
The bank in a statement shared on its social media handles admitted that its ongoing upgrade to a…