Old Naira Notes Still Valid,CBN Insists
Mohammed Shosanya The Central Bank of Nigeria (CBN) has again clarified that the old N1000, N500, and N200 banknotes,are still valid. Mrs. Sidi Ali Hakama,Acting
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Why We Celebrate Aigboje Aig-Imoukhuede-NSE
Otunba Abimbola Ogunbanjo, the Chairman, Nigerian Exchange Group (NGX Group) says the transformational groundwork by the former president of the NSE, Mr. Aigboje Aig-Imoukhuede, was an inspiration to the leadership of the
FIRS Sets New Rule For Income Tax Payment
The Federal Inland Revenue Service (FIRS) has said that any company that wishes to pay income taxes in instalments must apply in writing before the due date of filing. Muhammad Nami, the
SEC Boss Assesses Benefits Of Non-Interest Capital Market
Mr. Lamido Yuguda, the Director General Securities and Exchange Commission,has said that non-interest capital market sector has full of potentials to facilitate the objective of deepening the financial system and spurring the
SEC Fixes N50m Paid Up Capital For Warehousing, Collateral Mgt companies
The Securities and Exchange Commission, SEC, has fixed N50 million as minimum paid up capital for warehousing and collateral management companies in Nigeria . The agency explained that the new rules would
We Are Still In Charge Of Stamp Duties Collection-FIRS
The Federal Inland Revenue Service (FIRS) says it is still the bonafide agency vested with the collection of stamp duty in the country. The Finance Act 2020 did not strip FIRS iof
NSE Completes Demutualisation From SEC
The Nigerian Stock Exchange (NSE) has received final approvals of its demutualisation plan from the Securities and Exchange Commission (SEC) and Corporate Affairs Commission (CAC) . These approvals pave way for the
NSE’s Indices Resume Week With 0.17% Growth
The Nigerian equities market resumed trading for week activities yesterday with key indicators improving by 0.17 per cent. The All-Share Index garnered 64.96 points or 0.17 per cent to close at 39,396.57
CBN Explains Benefits Of ‘Naira 4 Dollar Scheme’
The Central Bank of Nigeria (CBN) has said that its new “CBN Naira 4 Dollar Scheme”, is aimed at providing Nigerians abroad with cheaper and more convenient ways of sending remittances to
