30
JanThe Governor of Central Bank of Nigeria, Godwin Emefiele, announced that the deadline for the use of the old naira notes has been extended till February 10, 2023. Emefiele explained that the apex bank has sought approval from President Muhammadu Buhari to extend the deadline for the use of the old notes by 10 days. “Based on the […]
30
JanEcobank scored a major victory at the Supreme Court on Friday as it won in a N5.5 billion debt dispute against Honeywell and its sister firms, Anchorage Leisures Ltd and Siloam Global Ltd. The Supreme Court dismissed an appeal by Honeywell Flour Mills Limited challenging the judgement of the Court of Appeal in the debt dispute with[…]
18
JanThe Federation Account Allocation Committee (FAAC), has disclosed that it shared a total of N990.189 billion to the three tiers of government, as Federation Allocation for the month of December 2022. The amount is inclusive of Gross Statutory Revenue, Value Added Tax (VAT), Exchange Gain and Electronic Money Transfer Levies (EMTL). The Federal Government received N375.306 billion, the states[…]
