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Banks Slash Travel Allowance, Foreign School Fees

Banks Slash Travel Allowance, Foreign School Fees
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EXCLUSIVE: NCAA Staff On Overseas Training Stranded, Begged For Money To Return Home

The delay in payment of estacodes and allowances of staff of the Nigerian Civil Aviation Authority (NCAA) left a group of inspectors who travelled to

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Buyers Flood Black Market For Dollars as CBN Sets Strict FX Guidelines For Nigerians, Banks Comply

Nigerians are opting for the black market for the dollars following the implementation of a strict forex rules by the Central Bank of Nigeria (CBN) for banks.

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Banks begin collection of tax certificate on FX requests – The Sun Nigeria

Banks begin collection of tax certificate on FX requests – The Sun Nigeria
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Nigerian Banks begin collection of tax certificate on FX requests

Commercial banks across Nigeria have announced that all Form A and FX requests must include a valid copy of the applicant’s Tax Clearance Certificate (TCC) alongside other required documents on the Centrak Bank of Nigeria (CBN) trade monitoring system portal. This is coming after the federal and state governments had mandated commercial banks as well |

Abuja federal capital territoryCentral bankCentrak bankOther foreign exchangeRevenue serviceTax clearance certificatePersonal income tax actTravel allowanceBusiness travel allowancePersonal home remittancesForeign exchangeTrade monitoring systemDaily sunMonetary policy rateRevenue and taxation