CBN Sacks NIRSAL Executive Directors
The Central Bank of Nigeria (CBN) has terminated the appointments of all executive directors at the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) as part of a sweeping organizational restructuring. This significant move marks a pivotal shift in the leadership and strategic direction of NIRSAL, raising questions about the future of agricultural financing in Nigeria.
Femi Otedola’s strong support for the implementation of a windfall tax in Nigeria underscores its potential to foster economic fairness and stability. By advocating for the taxation of unexpected, substantial profits in key sectors, Otedola highlights a pathway to redistribute wealth, enhance government revenue, and promote sustainable development.
Apapa Customs generate N1.2tn revenue in seven months – NCS
The Nigeria Customs Service (NCS) Apapa Area Command has recorded an unprecedented revenue generation of N1.23 trillion between January and July 2024, with July alone contributing N202 billion—the highest monthly collection in its history.