PDP Raising False Alarm Over New VAT Regime, BMO Tells Nigerians

The Buhari Media Organisation has accused the Peoples Democratic Party of raising false alarm, especially over matters that it does not have full understanding of.

Minimum Wage: Labour Set To Embark On Strike As Negotiation With FG Collapses Again

Organized Labour are perfecting plans to embark on a nationwide strike over the delayed implementation of the N30,000 new national minimum wage as meeting between the Federal Government and the Joint Public Sector Negotiating Council again ended in deadlock on Monday.

You Lied In Your Book, Make Yourself Available For Corruption Trial, EFCC Tells Former AGF

The Chairman of Economic and Financial Crimes Commission, EFCC, Ibrahim Magu has dismissed claims by Mohammed Adoke, an ex-Minister of Justice and Attorney General of the Federation, AGF that Vice-President Yemi Osinbajo was persecuting him through the anti-graft agency.

National Assembly Blows Hot, Warns Ministers, Heads Of Agencies

The National Assembly has warned all the revenue-generating federal ministries, departments, and agencies (MDAs) engaging in the diversion of revenues to desist from the act or face severe sanction.

CBN Introduces New Charges On Deposit/Withdrawal On Individual Account

The Central Bank of Nigeria (CBN) has said that effective from 18th September 2019 cash deposits and withdrawals from individual bank account henceforth will attract extra charges.

Labour Opposes New VAT Regime, Says It Will Weaken Purchasing Power, Worsen Poverty

Organised Labour on Friday rejected government's planned increase in Value Added Tax, VAT, from 5 % to 7.2 %, describing the move as anti-people and anti-development.

CBN Moves Monetary Policy Meeting Forward

The Central Bank of Nigeria (CBN) has rescheduled the Monetary Policy Committee (MPC) meeting for the month of September.

PDP Kicks Against Decision To Increase VAT From 5% To 7.2%

The People’s Democratic Party (PDP) on Friday kicked against President Muhammadu Buhari’s decision to increase the Value Added Tax (VAT) from 5% to 7.2%, saying Nigerians cannot bear such burden under the prevailing economic situation.

Senate Speaks On Buhari's New Economic Team

The Chief Whip of the Senate, Dr. Orji Kalu, has commended the decision of President Muhammadu Buhari’s to constitute a new Economic Advisory Council (EAC) to advise him on how to manage the country's economy.

FG Reiterates Plans To Lift 100m Nigerians Out Of Poverty

The Federal Government on Friday reiterated its plans to lift about 100 million Nigerians out of poverty in the next ten years.