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FIRS

finance

Senate committee summons Minister of Finance over N206bn in Ministry of Humanitarian Affairs budget

November 21, 2022 Chimezie Godfrey 0

By Naomi SharangThe Senate Committee on Special Duties has summoned the Minister of Finance, Budget and National Planning, Zainab Ahmed. The summon is over the […]

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Manchester United’s finance chief opposes major overhaul in splitting Euro revenue

June 16, 2022 Newsdiaryonline Admin 0

Manchester United’s finance chief Cliff Baty has warned against a major overhaul of how money from the UEFA Champions League and other European competitions is […]

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Umahi suspends Ebonyi finance commissioner indefinitely

June 15, 2022 Newsdiaryonline Admin 0

Gov. David Umahi of Ebonyi, has indefinitely suspended the state Commissioner for Finance and Economic Development, Mr Orlando Nweze over alleged “inability to discharge his […]

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Institute reiterates resolve to strengthen banking, finance education

May 10, 2022 Newsdiaryonline Admin 0

The Chartered Institute of Bankers of Nigeria (CIBN), has reiterated its resolve to strengthen banking and finance education to encourage professionalism in the country’s banking […]

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FG to finance 2022 budget deficit with new borrowing

April 7, 2022 Newsdiaryonline Admin 0

By Femi Ogunshola  President Muhammadu Buhari has written to the House of Representatives seeking an increase in the 2022 budget deficit to be financed through […]

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Battery spark causes huge smoke at Finance ministry – FFS

February 23, 2022 Newsdiaryonline Admin 0

By Kelechi Ogunleye/Nana Musa The Federal Fire Service (FFS) said the huge smoke emanating from the Federal Ministry of Finance located in the Central Business District, Abuja on Wednesday […]

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We will leverage on Finance Act, 2021 to achieve adequate funding for Budget – FIRS

February 18, 2022 Newsdiaryonline Admin 0

The Federal Inland Revenue Service (FIRS) has stated that it would use the instrumentality of the Finance Act 2021, through collaboration with taxpayers and key […]

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Revenue generation: CG Customs raises concern over Finance Act

February 1, 2022 Newsdiaryonline Admin 0

The Comptroller General, Nigeria Customs Service (NCS), rtd Col. Hameed Ali on Monday, raised concern over the Finance Act saying that some sections of the […]

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MPC: CBN retains MPR at 11.5%, holds other parameters constant

January 26, 2022 Newsdiaryonline Admin 0

By Kadir Abdulrahman The Monetary Policy Committee (MPC)   of the Central Bank of Nigeria (CBN) on Tuesday announced a retention of the country’s Monetary Policy Rate […]

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Empower micro finance banks to reach more customers, Arvofinance boss urges CBN

January 20, 2022 Newsdiaryonline Admin 0

Mr Ayotunde Bally, Chief Executive Officer of Arvofinance, a digital lending company, has urged the Central Bank of Nigerians (CBN) to allow Microfinance Banks (MFBs) […]

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Finance Bill: Finance, Minister, FIRS, others, tackle RMAFC over revenue monitoring

December 16, 2021 Newsdiaryonline Admin 0

By Haruna Salami Divergent opinions among heads of the various agencies on powers for collection and monitoring revenues accruing into the Federation Account and the […]

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Food Security: FG, IFAD-VCDP strategise to boost rural farmers’ access to finance

December 10, 2021 Newsdiaryonline Admin 0

The FGN/IFAD Value Chain Development Programme (VCDP) has organised a capacity building workshop on technical support to enable rural farmers have access to credit facilities. […]

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2022 budget: President Buhari transmits finance bill 2021 to N’Assembly

December 8, 2021 Newsdiaryonline Admin 0

The Senate on Tuesday received the Finance Bill 2021, transmitted by President Muhammadu Buhari to the National Assembly for consideration and passage.  The request by […]

Osinbajo presides over virtual FEC meeting

October 27, 2021 Newsdiaryonline Admin 0

 Vice President Yemi Osinbajo on Wednesday presided over a virtual meeting of the Federal Executive Council (FEC) anchored from the Presidential villa, Abuja. President Muhammadu […]

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Six Universities emerge centres of excellence in procurement

October 25, 2021 Newsdiaryonline Admin 0

By Rosemary Ogbonnaya Federal Government has said that all is set to implement the Sustainable Procurement, Environmental and Social Standards Enhancement (SPESSE) Project for the […]

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Moghalu appointed Academic Visitor at Oxford University

October 18, 2021 Newsdiaryonline Admin 0

The University of Oxford in the United Kingdom has appointed Professor Kingsley Moghalu, former Deputy Governor of the Central Bank of Nigeria and a presidential […]

e-Customs contract: Reps wade in to resolve CBN, Adani systems Ltd disagreement

October 15, 2021 Newsdiaryonline Admin 0

 The House of Representatives have mandated three of its committees to resolve the lingering crisis between the  Central Bank of Nigeria (CBN) technical committee on […]

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Avoidable Labour disputes, threat to 2022 Appropriation Act, Sustainable Economic Plan- MINILS DG

October 13, 2021 Newsdiaryonline Admin 0

Serial disregards for collective agreements by some employers, relevant government agencies with the attendant incessant strikes, lockouts and loss of man-hours threaten the realization of […]

Sule sends N8.67bn supplementary Appropriation to Nasarawa Assembly

October 13, 2021 Newsdiaryonline Admin 0

Gov. Abdullahi Sule of Nasarawa State has sent a N8.67billion as 2021 supplementary budget to the House of Assembly for consideration and approval. Ibrahim Balarabe-Abdullahi, […]

Senate calls on Ministry of Finance to release funds for road maintenance

October 12, 2021 Newsdiaryonline Admin 0

The Senate has urged the Federal Ministry of Finance to as a matter of urgency, release adequate funds to the Federal Road Maintenance Agency (FERMA) […]

NGO partners Swiss firm to digitise Nigeria’s Agric sector

October 4, 2021 Newsdiaryonline Admin 0

Synergos Nigeria, a Non-Governmental Organisation (NGO), has entered into partnership with FCE Group AG, a Swiss blockchain company, to digitise Nigeria’s agriculture sector, an official […]

Plateau government wins case against Company over Lalong Legacy Project

September 24, 2021 Newsdiaryonline Admin 0

A Plateau state High Court, sitting in Jos, on Friday struck out a suit instituted by Bleneson Services Limited against the Plateau State Government and […]

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Retrogressive Politics of Value Added Tax in Nigeria, By Salihu Moh. Lukman

September 17, 2021 Newsdiaryonline Admin 0

The controversy around whether Value Added Tax (VAT) should be centrally collected by the federal government or decentralised so that state governments are the ones […]

Spices company commends SEC on regulation to sanitise funding investments

September 3, 2021 Newsdiaryonline Admin 0

An “agropreneur’’, Mr Kenneth Obiajulu, on Friday in Lagos commended the Securities and Exchange Commission (SEC) for regulating fund investments in the agriculture sector. He […]

Model urges parents, FG to expose persons with disabilities to devt programmes

September 3, 2021 Newsdiaryonline Admin 0

 The first wheelchair-bound model, Ms Rita Ofili, on Friday urged parents and government to expose persons with disabilities to career development programmes early in life. […]

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