Finance - Hotmedia

Full List: Nigerian Government Delists 37 Loan Apps, Puts Others On Watch-List

HotmediaSeptember 12, 2023

by HotmediaSeptember 12, 20230389

The Nigerian government has delisted 37 suspicious loan apps, according to the Federal Competition and Consumer Protection Commission’s new report. The number of fully approved...

BUSINESS ECONOMY FEATURED Finance

FIRS 2023 H1 Collection: A Reflection of the Power and Impact of Citizens’ Civic Obligations Compliance

HotmediaAugust 28, 2023

by HotmediaAugust 28, 20230299

By Femi Onakanren In the aftermath of its record breaking N10 trillion tax revenue collection in the 2022 fiscal year, the Federal Inland Revenue Service...

BUSINESS ECONOMY Finance

How FIRS Is Breaking New Grounds In Revenue Collection

HotmediaAugust 23, 2023

by HotmediaAugust 23, 20230237

By Jantiku Janada Just when we thought the peak in tax collection was attained, the Federal Inland Revenue Service (FIRS) brought forward another harvest of...

BUSINESS ECONOMY Finance

Hard But Necessary Reforms, Imperative To Ramp Up Tax Revenues — Muhammad Nami, Chairman Joint Tax Board

HotmediaAugust 20, 2023

by HotmediaAugust 20, 20230249

For Nigeria to attain optimum tax revenue collection capacity across the Federal, States and Local Government tax authorities, the country must make hard but necessary...

BUSINESS ECONOMY Finance OIL AND GAS

Relief For The Naira: NNPC Ltd Secures $3billion Emergency Crude Repayment Afrexim Bank Loan To Stabilise FX Rates

HotmediaAugust 17, 2023

by HotmediaAugust 17, 20230458

The loan is also expected to help stabilise the foreign exchange market, enable authorities to meet forex demand, and improve the value of the Nigerian...

BUSINESS ECONOMY Finance LATEST

Tinubu Approves CBN’s Plans To Address FOREX Market Volatility

HotmediaAugust 15, 2023

by HotmediaAugust 15, 20230417

Deeply concerned about recent developments in the foreign exchange market, President Bola Tinubu has approved measures to stabilise and enhance liquidity in the market, including...

BUSINESS ECONOMY Finance LATEST

The FIRS’s Tax Collection Revolution By Salisu Na’inna Dambatta

HotmediaAugust 14, 2023

by HotmediaAugust 14, 20230148

It is akin to a revolution: welcome to the big paradigm shift in Nigeria’s tax collection. The shift is from consistently low, inadequate and below...

BUSINESS ECONOMY Finance LATEST

FIRS Milestone H1 2023 Performance, A Success Foretold – Dapo Okubanjo

HotmediaAugust 11, 2023August 11, 2023

by HotmediaAugust 11, 2023August 11, 20230211

For any one who has paid more than a passing attention to the activities of the Federal Inland Revenue Service (FIRS) in the last four...

BUSINESS ECONOMY Finance LATEST

In Nigeria: 62 MDAs To Stop Direct Revenue Collection, FIRS Will Take Charge – Presidential Committee

HotmediaAugust 9, 2023

by HotmediaAugust 9, 20230593

The Nigeria Customs Service and 62 other Federal Government Ministries, Departments, and Agencies (MDAs) will halt direct revenue collection, according to the Presidential Committee on...

BUSINESS ECONOMY Finance

Full List Of 182 NDIC Liquidated Banks In Nigeria

HotmediaAugust 8, 2023

by HotmediaAugust 8, 20230535

••• NDIC to pay depositors of 182 liquidated banks The Nigeria Deposit Insurance Corporation said it had commenced the process to pay depositors of...

BUSINESS ECONOMY Finance LATEST

Muhammad Nami Emphasizes Urgent Reforms For Increased Tax Revenues In Nigeria

HotmediaAugust 7, 2023

by HotmediaAugust 7, 20230228

For Nigeria to attain optimum tax revenue collection capacity across the Federal, States and Local Government tax authorities, the country must make hard but necessary...

BUSINESS Finance LATEST

FIRS: Tax, The Untaxed And The Taxables – Dambatta

HotmediaJuly 31, 2023

by HotmediaJuly 31, 20230147

It is common truth that no country on earth, including Nigeria, is able to tax all the taxables, or even bring all the untaxed into...

BUSINESS ECONOMY Finance

How To Protect Your Business From The Volatility Of The Naira

HotmediaJuly 30, 2023

by HotmediaJuly 30, 20230218

The latest earnings results on the NGX show that blue-chip brands that include Airtel Africa, Guinness Nigeria, Nigerian Breweries, and Cadbury Nigeria lost a significant...

ECONOMY Finance LATEST POLITICS

Corruption: Tinubu Appoints Special Investigator To Probe Central Bank Of Nigeria

HotmediaJuly 30, 2023

by HotmediaJuly 30, 20230232

Obazee, who was fired by President Muhammadu Buhari in 2017, investigated the CBN under the tenure of Sanusi Lamido Sanusi. The former chief executive officer...

BUSINESS ECONOMY Finance LATEST

Dollar To Naira Exchange Rate Crashed To Lowest

HotmediaJuly 27, 2023

by HotmediaJuly 27, 20230517

The naira to dollar rate crashed to almost N900/$1 trading as high as N855/$1 on Tuesday, and as low as N650/$1 in the Investors’ and...

BUSINESS Finance

How To Earn Extra Income Amidst Inflation Rise

HotmediaJuly 22, 2023

by HotmediaJuly 22, 20230339

How To Earn Extra Income Amidst Inflation RiseEntrepreneurial abilities would enable a salary earner to earn extra income, Funmi Fabunmi reports In today’s rapidly changing...

ECONOMY Finance LATEST

Seven Oil-producing States Receive N70.3b FAAC Windfall

HotmediaJuly 22, 2023

by HotmediaJuly 22, 20230594

Seven of the nine oil mineral producing states left Abuja yesterday with a combined cheque value of N70.408 billion being their allocation from the June...

BUSINESS ECONOMY Finance

FIRS Rakes-In Record N5.5 Trillion In Six Months

HotmediaJuly 20, 2023

by HotmediaJuly 20, 20230165

The Federal Inland Revenue Service (FIRS) has announced a total tax revenue collection of N5.5 trillion for the half-year period of January to June 2023....

BUSINESS ECONOMY Finance LATEST

CBN Withdraws Licenses Of 2,698 Bureau De Change As Naira Continues Free Fall

HotmediaJuly 18, 2023

by HotmediaJuly 18, 20230490

The Central Bank of Nigeria (CBN), has withdrawn the operating licenses of 2,698 Bureau de Change (BDC) operators, and released a list of dealers it...

BUSINESS Finance LATEST

CBN Directs Payment Of Dollar Receipts In Naira

HotmediaJuly 13, 2023

by HotmediaJuly 13, 20230529

The Central Bank of Nigeria (CBN) issued a directive yesterday to International Money Transfer Operators (IMTOs), instructing them to convert received dollars from Diaspora remittances...

Login

Register