09
DecCBN orders cash availability in Automated Teller Machines (ATMs)
The Central Bank of Nigeria (CBN) in an effort to address efficient and optimal circulation of currency circulation in the economy has directed Deposit Money Banks to ensure availability of cash to customers Over-the-Counter and through ATMs. The apex bank said it will intensify its oversight roles to enforce this […]
09
DecCompany Income Tax: FG rakes in N1.77trn in Q3 2024
The National Bureau of Statistics (NBS) has reported that amount realized from Company Income Tax (CIT) for Q3 2024 was N1.77 trillion, indicating a decline of 28.20% on a quarter-on-quarter basis from N2.47 trillion in Q2 2024. Local payments received were N920.91 billion, while Foreign CIT Payment contributed N852.29 billion[…]
09
DecMARKET REPORT FOR DECEMBER 6TH, 2024
EQUITY A total turnover of 3.893 billion shares worth N87.749 billion in 43,868 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 3.194 billion shares valued at N54.850 billion that exchanged hands last week in 45,112 deals. The Financial[…]
04
DecPENCOM permits low income earners to withdraw total retirement savings.
The revised regulation on the administration of retirement and terminal benefits by the National Pension Commission (PENCOM) has allowed low income earners to withdraw total retirement savings. According PENCOM, low-earning pensioners are now permitted to withdraw their total retirement savings en bloc or continue to receive their monthly pension pending[…]
