•Pilgrims departing for Hajj The National Hajj Commission of Nigeria (NAHCON) has approved four banks to support and implement the Hajj Savings Scheme. Abdulbasit Abba, an official in the Information and Publications Division of NAHCON, announced the development in a statement in Abuja yesterday. Abba stated, “A significant milestone for the H...
Banks in Nigeria have begun implementing a daily withdrawal limit of N100,000 and a weekly limit of N500,000 on Point-of-Sale (PoS) terminals following a directive from the Central Bank of Nigeria (CBN). The CBN directive, issued on December 17, 2024, aims to address operational challenges, curb fraud, and standardise banking practices nationw...
•Tinubu and National Assembly Complex The Chairman of the Presidential Committee on Tax Policy and Fiscal Reforms, Taiwo Oyedele, has disclosed that the National Assembly will pass the controversial tax reform bills into law in the first quarter (Q1) of 2025. Speaking at the weekend during The Platform, an event organised by The Covenant Natio...
Administrative lapses have thrown spanners into the planned first direct revenue allocation to the 774 local governments from the federation account. The LGs have a total of N361.754 billion as their share of distributable revenue from the N1.424 trillion due to the three tiers of government this month, reports The Nation. The federal governme...
•Muhammad Ambursa The Chairman of the Association of Local Government Chairmen of Nigeria (ALGON), Kebbi State Chapter, Muhammad Ambursa, has revealed that some local government councils across the country would struggle to pay workers’ salaries without state government support. Speaking to journalists in his office in Birnin Kebbi, Ambursa, w...
•Finance minister, Wale Edun Five months after the federal government announced a 150-day window for free importation of food items, the policy is yet to be implemented. The government had on July 8, 2024, announced the duty-free import window for food commodities so as to ensure a reduction in food inflation in the country, reports […]...
•Minister of Police Affairs, Muhammad Maigari Dingyadi The federal government says many states and the Federal Capital Territory (FCT) will comply with the new national minimum wage by January 2025. Minister of Labour and Employment, Muhammad Maigari Dingyadi, stated this at the ministry’s headquarters, Abuja, when he received a delegation of ...
•Tinubu The federal government has commended state governors who have begun implementing the new N70,000 minimum wage, urging those yet to do so to take immediate action. This initiative, emphasised as a priority for President Bola Tinubu’s administration, aims to address the rising cost of living across the country, reports Nigerian Tribune. ...
The Association of HospiÂtal and Administrative Pharmacists of Nigeria (AHAPN) has urged the federal government to impleÂment the approved Consultant Pharmacist Cadre and HarmonÂisation of Call Duty Allowance and Other Related Allowances for Pharmacists with Doctor of Pharmacy Degree. Pharm. Olabode Ogunjemiyo (FPSN), the National Chairman of ...
As the deadline given to banks to link all bank accounts to NIN elapsed last Thursday, many banks in the country are yet to implement the directive. Recall that the Central Bank of Nigeria, CBN had issued a directive to all commercial banks in the country last year to restrict tier-1 accounts without proper Biometric […]

