Economy
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98% of workers to be exempted from PAYE, says tax reforms committee chairman, Oyedele
Majority of Nigerian workers will not pay tax on what they earn when the new law takes effect in January.…
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FG seeks fresh $2 billion loan from China for new ‘super grid’
Nigeria is in discussion with China’s Export-Import Bank for a $2 billion loan to finance a new “super grid” to…
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CBN limits daily cash withdrawals via agent banking to N100,000
The Central Bank of Nigeria (CBN) has introduced new guidelines governing the operations of agent banking across the country, placing…
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Despite widespread hardship, Tinubu’s Economic Adviser says Nigerians better off today than in 1960
Special Adviser to President Bola Tinubu on Economic Affairs, Tope Fasua, has argued that despite widespread hardship, Nigerians today are…
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Nigeria second largest population of poor people in the world next to India, says former NBS CEO Yemi Kale
Nigeria has emerged as the country with the second largest population of poor people in the world, according to Yemi…
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I inherited a near-collapsed economy, says Tinubu
President Bola Tinubu says he was left with few options when he assumed the reins on May 29, 2023. …
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Nigeria cannot sustain 36 states, says Bismarck Rewane
An economist and Managing Director of Financial Derivatives Company Limited, Bismarck Rewane, has said that Nigeria cannot sustain 36 states…
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You can’t impose taxes on sex workers, illicit activities, CSO tells Tinubu
A civil society organisation, under the umbrella of the Civil Society Organisations on Community Advancement and Humanitarian Empowerment Initiative (CSCHEI),…
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Naira ranks 9th weakest currency in Africa – Forbes
The Naira has been ranked as the ninth weakest currency in Africa, according to a Forbes currency calculator report for…
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Nigeria’s debt burden rises again as Tinubu’s govt receives $750m fresh World Bank loan
Barring any unforeseen obstacle, the World Bank will, on Tuesday, September 30, 2025, approve two loan facilities totaling $750million for…
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