PBA Reporter

CBN Releases Guidelines On Bank Neutral Cash Hubs

The Central Bank of Nigeria (CBN) has released guidelines for setting up Bank Neutral Cash Hubs (BNCHs). The CBN, in… Read More

2 years ago

FIRS Moves After States Over Failure To Remit Tax Deductions

The Federal Inland Revenue Service (FIRS) disclosed its readiness to begin process of enforcement and recovery of unremitted tax deductions owed by… Read More

2 years ago

CBN Retains 5% Interest Rate For Power Sector, Others

The Central Bank of Nigeria (CBN) has agreed to leave interest rates at five per cent per annum for critical… Read More

2 years ago

Debt Servicing May Gulp 100% Of FG’s Revenue By 2026 – IMF

The International Monetary Fund has disclosed that debt servicing may gulp 100 per cent of the Federal Government’s revenue by… Read More

2 years ago

Cabals Benefitting From Petrol Imports Frustrating Local Refineries – IPMAN

The National Public Relations Officer, Independent Petroleum Marketers Association of Nigeria, Chief Ukadike Chinedu, has disclosed the cause of forex… Read More

2 years ago

Nigeria’s Oil Production Not Enough To Cover Petrol Import Costs – Finance Minister

Zainab Ahmed, minister of finance, budget and national planning, has disclosed that the country’s low oil production cannot cover the… Read More

2 years ago

Manufacturing Trade Deficit Hits N2.6tn Despite Forex Shortage

The value of the manufactured goods trade deficit, according to data from the National Bureau of Statistics, hit N2.6tn in… Read More

2 years ago

FIRS Demands Tax Compliance Approval For Holding Political Offices

The Federal Inland Revenue Service (FIRS) has asked that tax compliance should be a prerequisite for clearing aspirants to contest elective positions.… Read More

2 years ago

Company Income Tax Increased By 53% To N532.5bn In Q1 2022 – NBS

The National Bureau of Statistics (NBS) has disclosed that Nigeria generated N532.48 billion from company income tax (CIT) in the first quarter… Read More

2 years ago

MAN, LCCI React As CBN Raises Lending Rate To 13%

The Manufacturers Association of Nigeria, the Lagos Chamber of Commerce and Industry, and the Nigerian-American Chamber of Commerce, have reacted… Read More

2 years ago

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