Tag Archives: account

MTN Nigeria Communications Plc has stated that it made a total contribution of up to N757.7 billion to the federal government of Nigeria and its relevant agencies through taxes, levies, fees and duties. This was stated in a disclosure signed by Uto Ukpanah, the company secretary in a statement titled; “MTN Nigeria Publication on Tax Remittance for the 2021 Fiscal ...

The office of the President has disclosed that the Finance Bill 2022 doesn’t mandate Nigerians to have a Tax Identification Number, TIN, before operating a bank account in the country. It should be noted that the Finance Bill 2022 is currently before the Senate and House of Representatives. It should be noted that there are reports  citing the bill said ...

The apex bank, Central Bank of Nigeria (CBN) has stated that individuals under its watchlist may be barred from entering a new relationship with any participant (banks) and accessing loans. The CBN disclosed in its Revised Regulatory Framework for Bank Verification Number (BVN) operations and Watch-List for the Nigerian Banking Industry signed by Mr Musa Jimoh, Director, Payments System Management ...

The House of Representatives’ Ad Hoc Committee on Assessment and Status of All Recovered Loots Movable and Immovable Assets from 2002 to 2020 by Agencies of the Federal Government of Nigeria for Effective Efficient Management and Utilisation, on Thursday, grilled the Acting Managing Director, Polaris Bank Limited, Innocent Ike, over an account belonging to the Nigerian National Petroleum Corporation. Over ...