Naira Scarcity: CBN orders banks to open on Saturdays, Sundays
In a quest to put an end to the cash crunch its monetary policies occasioned, the Central Bank of Nigeria has all commercial banks to open for operation on Saturdays … Read More
Category: ECONOMY
Breaking: Emefiele Makes U-Turn, Releases Old Naira Notes To Banks Over Planned NLC Protest
The Central Bank of Nigeria has finally concluded plans to release all N1,000, N500 and N200 notes in its custody to Deposit Money Banks, HOTMEDIA.NG has learned. According to The … Read More
Russia Ties With Africa A ‘Priority’ – President Putin
Russian President Vladimir Putin gives a speech at a conference on Russian-African relations in Moscow on March 20, 2023. Russian leader said Monday that deepening ties between Moscow and African … Read More
Tax Administrators Must Match The Pace Of Global Technological Advancements – CATA President
Tax administrators must keep up with the dynamics occasioned by disruptive new technologies of the 21st century, and arm themselves with the necessary skills, capacity and character for effective and … Read More
FIRS Signs MoU with UK’s HM Revenue And Customs For Collaboration On Capacity Building
A Memorandum of Understanding between Nigeria’s Federal Inland Revenue Service (FIRS) and the United Kingdom’s His Royal Majesty’s Revenue and Customs (HMRC) was signed yesterday with the aim of fostering … Read More
Naira Redesign Implemention Failure and Its Consequences – Prof Kingsley Moghalu
Former presidential candidate in 2019 general elections and ex-deputy governor of the Central Bank of Nigeria, CBN, Professor Kingsley Chinedu Moghalu gave a detailed explanation and analysis of the “naira … Read More
Finally CBN Breaks Silence, Says Old N200, N500, N1,000 Notes Remain Legal Tender Till Dec 31
The Central Bank of Nigeria (CBN) on Monday said old N200, N500, N1,000 banknotes remain legal tender till December 31, 2023. The apex bank’s Acting Director of Corporate Communications, Isa … Read More
Why I Pay Taxes – Salisu Na’inna Dambatta
“As a villager, I loathed paying taxes, or what they called revenue, in our weekly open air market,” said Maitabo, the livestock trader who is now an industrialist in the … Read More
CBN Has No Reason Not To Obey Supreme Court On Naira Redesign – Presidency
The Presidency on Monday said the Central Bank of Nigeria (CBN) has no reason not to comply with the Supreme Court order on naira redesign on the excuse of waiting … Read More
Why African Trade Unions Are Calling On United States To Lift Commercial, Financial Blockage Against Cuba
African trade unions are persistently urging the United States of America to lift the economic blockage against the Republic of Cuba. Like the African Union (AU) that has persistently called … Read More
How Nigerians Can Access, Partake In NDE’s Job Creation Programmes
With the recent relaunch of its website, the renewed efforts of President Muhammadu Buhari, to position the National Directorate of Employment (NDE) as part of his determination to whittle down … Read More
Taxation: Our Quota To Nation Building – Expert
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 … Read More
Breaking: Supreme Court Orders Old N200, N500, N1,000 Notes To Remain In Circulation Till Dec 31
The apex court also nullified the Federal Government’s naira redesign policy, declaring it as an affront to the 1999 Constitution. Justice Emmanuel Agim, who read the lead judgement, held that … Read More
Taxes As Key To Nigeria’s Economic And Infrastructural Development
By Musa Ilallah To begin this discussion, it is imperative that we attempt to understand what taxes are all about. Taxation is defined as the imposition of compulsory levies on … Read More
Revenue Collection As A Strategic, Effective Tool To Restructure
“FIRS”, the Federal Inland Revenue Service has stood out since its rebirth in 2019 under the leadership of its Executive Chairman, Muhammad Mamman Nami as one more agency of government … Read More
Terrorism & Fraud: DSS Steps Up Investigation Of Nigeria’s Central Bank, Governor Emefiele
The Department of State Services (DSS) has stepped up investigations with a view to arrest and prosecutes the governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, over allegations … Read More
Saudi Arabia Clamps Down On Illegal Immigrants, Arrests Over 800 Nigerians
The Nigerians in Diaspora Commission, NiDCOM, has cautioned Nigerians travelling to the Kingdom of Saudi Arabia without proper documentation as Saudi authorities have heightened a clampdown on irregular migrants. A … Read More
Economic Crunch: Prof Nnaji Directs Aba Power To Allow Consumers To Stagger Meter Payment
The chairman of Aba Power Ltd, Professor Bart Nnaji, has directed the company to allow electricity consumers who want to stagger their payment for prepaid meters to do so with … Read More
Full Text Of Buhari’s National Broadcast On Naira Scarcity
Nationale Broadcast By His Excellency Muhammadu Buhari , President, Federal Republic Of Nigeria On The Challenges Of The Currency Swap And State Of The Nation, On 16th February, 2023 My … Read More
![Breaking: Banks Under Attack In Warri [Videos]](https://hotmedia.ng/wp-content/uploads/2023/02/IMG_20230215_125724.jpg)
Breaking: Banks Under Attack In Warri [Videos]
Skiisturbing videos had surfaced online showing some angry youths in Udu Warri setting banks Ablaze. Disturbing videos surface online where angry mob attacking banks in Warri Delta State. It was … Read More