CBN unveils new FX guidelines, approves cash movement of $50,000
By Emma Ujah, Abuja Bureau Chief The Central Bank of Nigeria (CBN) has issued fresh Foreign Exchange Guidelines which provides that an individual can move cash of up to $50,000, but must be declared at the point of exit. The bank also retained the earlier provision for the movement or import of cash of up to […]
New ACCA president to focus on ethics, public sector
Newly elected President of the Association of Chartered Certified Accountants (ACCA), Mr. Anthony Harbinson said that his tenure would focus on the issues of ethics and public sector.
FRC more strategic in fighting financial crimes, says chairman
The Chairman, Fiscal Responsibility Commission (FRC), Mr Victor Muruako, has said that the commission is more strategic in fighting financial crimes and corruption than other agencies.
Why the tax system in Lagos is transparent — Fowler, LIRS Chairman
Mr. Babatunde Fowler, Chief Executive Officer of the Lagos State Inland Revenue Service and Executive Chairman, Lagos State Board of Internal Revenue, explains why the state is the model in tax administration and development in the country at a time when there are fears that the dwindling revenue from crude oil sales may get worse
Fertilisers: FG targets 20m farmers in 2015 — D-G
Acting Director-General, National Agricultural Seed Councils (NASC) Dr Philips Olusegun-Ojo, said that the Federal Government was targeting 20 million farmers in the fertiliser distribution for the 2015 farming season.
Nigeria’s growth indices, 54 years after: The need for entrepreneurial devt – Expert
Nigeria’s economy has experienced series of reforms in the last 54 years. The annual indices on growth of Gross Domestic Product (GDP) from 1960 to 1970 was 3.1 per cent. In the 1980s, the economy on average recorded high rates of inflation but with low rate of unemployment.
