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Central Bank of Nigeria cashless policy

The Central Bank of Nigeria (CBN) developed the cashless policy in 2012, which required a daily total limit of N500,000 and N3,000,000 on free cash withdrawals across all accounts owned by individual and corporate customers respectively. The policy mandated that…
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CBN reveals how much has been disbursed from N50 billion COVID-19 intervention fund

CBN reveals how much has been disbursed from N50 billion COVID-19 intervention fund

The Central Bank of Nigeria (CBN) has announced the disbursement of over N49 billion out of N50 billion targeted facilities for households and small businesses to over 80,000 families and households. The apex bank introduced the N50 billion…
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FG Introduces Stamp Duty On House Rent Agreement, C Of O, Others

The Federal Inland Revenue Service (FIRS) has said that henceforth, stamp duty will be paid on house rent and Certificate of Occupancy (C of O) in line with its new adhesive duty. The FIRS Director, Communications and Liaison…
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