The Central Bank of Nigeria’s cash withdrawal limit policy for individuals and corporate entities will take effect today. Recall that the apex bank took a new decision on its cash withdrawal policy. Under the reviewed Policy, individuals can only withdraw a maximum of N500, 000, while corporate organisations can draw N5 million cash weekly. Also,…
The Federal Inland Revenue Service (FIRS) has responded to queries by the Special Adhoc Committee on Petroleum Subsidy Regime tasked to investigate petroleum products subsidy in Nigeria, that its role is purely the collection of revenue for government and not keeping records of how the monies are expended. Speaking at the Committee sitting, the Executive…
The Federal Inland Revenue Service (FIRS) has responded to queries by the Special Adhoc Committee on Petroleum Subsidy Regime tasked to investigate petroleum products subsidy in Nigeria, that its role is purely the collection of revenue for government and not keeping records of how the monies are expended. Speaking at the Committee sitting, the Executive…
