Business & Economy
Buhari declares old N200 note legal tender
President Muhammadu Buhari has ordered the Central Bank of Nigeria (CBN) to recirculate the old N200 note, which will remain legal tender with the [Read more…]
Business & Economy
Business & Economy
Old Naira Notes to remain in circulation for 60 days – Buhari
Indications emerged on Wednesday that President Muhammadu Buhari is making moves to find a solution to the escalating crisis trailing the cash swap by [Read more…]
Business & Economy
Breaking: Suit on New Naira Notes adjourned by Supreme Court
The Supreme Court on Wednesday adjourned hearing in a suit filed against the federal government seeking a restraining order to stop the full implementation [Read more…]
Business & Economy
CBN to print more new Naira Notes to ease scarcity
The Central Bank of Nigeria may bow to mounting pressure and contract the printing of the redesigned N1,000, N500 and N200 notes to foreign [Read more…]
Business & Economy
Inner Konsult Limited offers Tax Services to Employers
PAYE ANNUAL RETURNS FILING PENALTY The 2022 Employer Tax Return (Form H1) is due for filing by 31 January 2023. The Personal Income Tax [Read more…]
Business & Economy
Crypto Market exceeds $1 trillion again
With Bitcoin and Ethereum both soaring over 20% this past week, the cumulative value of all digital assets has once again reclaimed the key [Read more…]
Business & Economy
Investigating Binance, world’s largest crypto exchange
Binance’s proximity to its collapsed competitor FTX has given federal prosecutors reason to seek new information in their 4-year-old investigation into the world’s largest [Read more…]
Business & Economy
Financial Conduct Authority fines Guarantee Trust Bank (UK) Ltd £7.6 million over money laundering
During the relevant period, Guarantee Trust Bank failed to undertake adequate customer risk assessments, often not assessing or documenting the money laundering risks posed [Read more…]
Business & Economy
Customers groan as Nigerian Banks stop Online payments with Naira cards
Guaranty Trust Bank Plc has joined a growing list of Nigerian banks to suspend international transactions of their naira-denominated Mastercard. According to the bank, [Read more…]
Business & Economy
National Assembly passes N20.51tillion 2023 Budget
The National Assembly on Wednesday increased the 2023 budget proposal from N20.51tn to N21.82tn and passed it. The President, Major General Muhammadu Buhari, (retd) [Read more…]