₦airaland Forum

Press Release

CBN To Launch New Website on Monday, December 2, 2024

We are pleased to announce the launch of our newly redesigned website (www.cbn.gov.ng), which will be operational on Monday, December 2, 2024.

The Bank has developed a contemporary Web API that operates on Microsoft NET Core 8 (the most recent and stable release) to enhance user experience by speeding up and simplifying the navigation process. We are pleased to announce that the front-end design and back-end technology were created in-house.

The redesigned website introduces a variety of new content, which encompasses a broader spectrum of information regarding the Bank's mandate. Additionally, the website is responsive to mobile devices, facilitating navigation across various web browsers and devices.

The Bank is grateful for the feedback provided by the public, which served as a valuable guide for our redesign endeavours. We are committed to developing and enhancing the website to facilitate communication.

Please follow our different social media channels linked on the website's home page for more updates.

Hakama Sidi Ali (Mrs.) November 29, 2024 Ag. Director, Corporate Communications

Meerahbel:
WHAT IS IN THE TAX REFORM...
1. Any business with less than N50million turnover are exempted from tax payment.
2. over 90% of workers in public and private sector will no longer pay income tax
3. Over 82% of what low income persons consume will be VAT free.
4. scrapping over 50 nuisance tax suffered by local businesses
5. VAT will no longer be calculated base on where the companies have their headquarters but where their goods are consume
6. the rich to pay more tax while the poor will stop paying taxes..
7. Consumption tax collected by states will be eliminated completely
8. FG share of VAT to reduce from 15% to 10% as states and LGAs now get 90%
9. Those earning less than N1.7m monthly will now pay less income tax
10. Customs, NUPRC and other govt agencies will no longer collect tax as only one Agency will be responsible for collection of all taxes in NGR
11. Those receiving less than N9million per anum could have their income tax cut by half
12. The bill could lead to abolition of other multiple tax laws like the stamp duty act
13. Over 90% of small business would no longer pay profit tax
14. Gradual increase of VAT from 10% in 2025 to 15% in 2030... With almost every goods consume by low income earners exempted from VAT
15. Many NGR companies pay over 60 types of different tax & levies... The bill seeks to end this factor killing NGR industries.

Get yourself a copy of full Tax reform proposal for full details on JobZoneNG on telegram

Be informed!

diabeticdeals:
Let me guess how much was spent to launch the website?




TRILLIONS!

MrDoGood:
Allegedly, Billions was spent.

How much is NL running on

just2endowed:
9. Those earning less than N1.7m monthly will now pay less income tax is a lie. those earning 1m annualy as salary and above will be tax 15%

Tochux1:
E no go better for Teenubu and his loyalists! Yerrowba people are suffering and weeping because of heem