The Director of Banking Services, Central Bank of Nigeria (CBN), Hamisu Abdullahi, highlighted the merit-based selection of Remita to provide an electronic platform essential for facilitating payments from Ministries, Departments, and Agencies (MDAs) to beneficiary accounts across commercial banks. He said this when officials of the Central Bank of Nigeria …
Read More »FIRS Clarifies Position on Tax waivers to Local, Foreign Investors
The Executive Chairman, Federal Inland Revenue Service (FIRS), Muhammad Nami, has disclosed that the Service did not grant any tax waivers to any local or foreign investors in the country as the FIRS Act did not empower it to grant such tax breaks. Mr Nami disclosed on Friday in Abuja …
Read More »CBN Gov to Present Audited Accounts to Reps
Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele is expected to appear before the House of Representatives’ Public Accounts Committee to render the bank’s audited accounts this Thursday. Chairman of the Committee, Wole Oke, said they would be expected to render accounts from 2014 to 2019. Oke said …
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