BUSINESS

Naira notes: Govs give Malami, Emefiele Tuesday ultimatum

Daily Dispatch March 13, 2023

State governments, which sued the Federal Government (FG) on the naira redesign policy, have given the Attorney General of the Federation (AGF) and Minister of Justice, Abubakar Malami, SAN, and the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, till Tuesday to comply with the

BUSINESS

TAXATION: Our Quota To Nation Building

Daily Dispatch March 8, 2023

By JANTIKU IJANADA Tax is a compulsory contribution to state revenue levied by the government on workers’ income and business profits, or added to the cost of some goods, services, and transactions. But for the sake of clarity, this piece will be focusing on tax as citizen’s obligation or contribution towards national development. Nigeria like […]

BUSINESS

Tinubu meets Tony Elumelu, discusses empowerments for Nigerian youths

Daily Dispatch March 8, 2023

The president-elect, Bola Tinubu, has meet with the the chairman of Heirs Holdings, Tony Elumelu to discuss diverse ways to support and empower Nigerian youths. The business mogul shared on Instagram, pictures of the president’s visit to his home on Tuesday night. He said, “Last night, I was honoured to receive the Nigerian President-elect at […]

BUSINESS

VAT For Q4 2022 stood at N697.38bn- NBS

Daily Dispatch March 8, 2023

The National Bureau of Statistics (NBS), said the aggregate Value Added Tax (VAT) stood at N697.38 billion in Q4 2022. This is according to the VAT Q4 2022 Report released in Abuja on Wednesday. The report shows a growth rate of 11.51 per cent on a quarter-on-quarter basis from N625.39 billion in Q3 2022. The […]

BUSINESS

CBN affirms old and new notes as legal tenders

Daily Dispatch March 8, 2023

The Central Bank of Nigeria (CBN) on Tuesday, declared that both old Nd redesigned notes are now legal tenders. This was affirmed by the Acting Director of Corporate Communications of the apex bank, Dr. Isa Abdulmumin in Abuja. He maintained that banks have started issuing both the old Nd new notes to their customers.Happy Diamond […]

BUSINESS

No access to Naira notes in spite of apex court order

Daily Dispatch March 7, 2023

Nigerians are yet to access new and old Naira notes days after the Supreme Court order reverting the Central Bank of Nigeria, CBN, directive to stop its use as legal tender from February 10. Deposit Money Banks, DMBs, in Abuja are yet to show compliance as residents still lack access in spite of queuing for […]