Economy
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FG overshoots 2024 borrowing target by N4trn
As President Bola Tinubu prepares to present to the National Assembly tomorrow, the 2025 national budget largely saddled with funding…
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No expiry date for old Naira notes, CBN reassures
The Central Bank of Nigeria (CBN) says all denominations of Naira banknotes currently in circulation remain indefinitely valid as legal…
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PenCom decries impact of inflation, Naira devaluation on pension funds
The National Pension Commission (PenCom) has decried the effects of high inflation, devaluation of the Naira, and the lingering effects…
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World Bank to approve $500 million loan to Nigeria today
The Board of the World Bank Group is expected to meet and decide on approving a $500m loan to Nigeria…
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It will be difficult for states to pay minimum wage with tax reforms — Zamfara Gov Lawal
The Governor of Zamfara State, Dauda Lawal, has raised concern that the introduction of the tax reforms by President Bola…
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Economic Outlook 2025: Experts urge Lagos Govt to deepen key sectors against future shocks
Lagos State government has been advised to strengthen key economic sectors to avert future domestic and global shocks that may…
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Nigeria, other developing countries paid record $1.4trn on foreign debts in 2023 World Bank
Developing countries spent a record $1.4 trillion to service their foreign debt as their interest costs climbed to a 20-year…
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Tax Reform: Northern groups list conditions
Following the opposition, especially from the North against the proposed Tax Reform Bills in the National Assembly, leading northern groups…
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2024: Google, Meta, X, others paid N2.55trn taxes to FG – Agency
Google, Meta, X (formerly Twitter), TikTok, Microsoft and social media platforms operating in Nigeria have paid N2.55 trillion ($1.5 billion)…
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Tax Reform: Obi insists on transparency, says focus should not only be on govt as sole beneficiary
The leader of the Labour Party and the 2023 Presidential Candidate, Peter Obi has called for transparency in the proposed…
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