Bank Verification Number
The haze in replacing BVN with NIN
Proposal by the Federal Government to replace Bank Verification Number (BVN) with National Identification Number (NIN)
Revolutionising tax for Nigeria’s sustainable growth
The Federal Inland Revenue Service (FIRS) is currently implementing small businesses -friendly tax policy that temporarily exempts operators with an annual turnover of N25 million and below from charging Valued Added Tax while deploying technology to ensure continued quality service delivery to taxpayers across every segment of the economy. FIRS performance showed that tax revenue…
Nigerians kicked PDP out due to endemic corruption – Buhari
President Muhammadu Buhari has identified glaring endemic corruption that engulfed the country prior to the emergence of the All Progressives Congress led-government as one of the factors responsible for his victory in the 2015 presidential election. The president stated this when he declared open the Corruption Risk Assessment training for heads and senior officials of…
12 monetary, fiscal policies that shaped 2016
Nigeria’s economy was affirmed recessed this year, but there remained raging controversy over its origin. Two schools of thought emerged- one blamed the current administration for policy flip-flop and aggravation of the matter. But the other said the situation was already out of control, but aggravated, not by policy choice, but by the economic structure-…
Revised IMTOs’ rules and rationale
By the rule, authorized dealers who are agents of the International Money Transfer Operators (IMTOs) were directed to sell foreign currencies accruing from the remittances to licensed Bureau De Change (BDCs) operators.
Screening uncovers 9,000 ghost workers in Kogi
Over 9,000 workers on the Kogi State payroll were found to be ghost workers according to the interim report of the just concluded workers’ screening.