Economy
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Fed Govt’s N8.36trn 2022 revenue target threatened by battle over VAT
The controversy over the Value Added Tax (VAT) may derail the Federal Government’s projected N8.36 trillion 2022 revenue should the…
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Financial expert proffers solution to habitual naira devaluation
A financial expert, Dr Rafiu Adebayo Ibrahim, has recommended that having an economy that is not tied to the price…
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CBN spokesman kicks against calls for Emefiele’s resignation
Spokesman of the Central Bank of Nigeria (CBN), Osita Nwanisobi, has faulted claims from certain quarters for the resignation of the CBN…
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More hardship for Nigerians as FG ends monthly electricity subsidy •To spiral higher power tariff
More difficult times await Nigerians in the months ahead as the Federal Government yesterday announced it is ending the N30 billion…
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CBN declares AbokiFX CEO, Oniwinde wanted over naira collapse
The Central Bank of Nigeria (CBN), on Friday, vowed to arrest the owner of Aboki FX, Olumide Oniwinde, and shut…
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Mounting foreign debt: Senator Ndume expresses worry over Senate’s rush to approve loans
The Chairman Senate Committee on Army, Senator Ali Ndume, says he is worried about how the Nigerian Parliament is handling…
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Nigeria’s inflation moderates to 17.01%
Nigeria’s headline inflation moderated for the fifth consecutive month to 17.01% year -on-year in August 2021 (July: 17.38% y/y),according to…
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Nigeria’s debt jumps to N35.5trn, local debt rises to N21 trillion
The nation’s public debt stock stood at N35.465 trillion as at June 30, Director-General of the Debt Management Office (DMO),…
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Naira in all-time free fall, down to N550 per dollar
The naira has further dipped in the parallel market, now exchanging for N550 to the dollar. It fell significantly against…
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Southwest states plan joint action on VAT, other states strategize on way forward
The Southwest states of Ekiti, Lagos, Ogun, Ondo, Osun and Oyo may team up to present a common front on…
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