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FG Revenue Will Rise by 15% Through VAT, Companies’ Taxes in 2022 – Agusto & Co.
A Pan-African Credit Rating Agency and Industry Research Provider, Agusto & Co. Limited has stated that Nigeria’s revenue will increase...
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FEC Okays N64.687bn Contracts for 16 Road Projects in FCT, Works Ministry
The Federal Executive Council (FEC) has approved contracts worth N64.68 billion for 16 road projects to be executed in the...
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Neutralising COVID, Defining A Legacy, and the Clanging Cymbals of Politics – Agusto & Co.
In 2022, the major themes that will dominate Nigeria’s economic landscape will be politics, the management of the fiscal deficit,...
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FG Eyes N1.5bn from Legal Metrology Services in 2022, Targets Banking, Power, Telecom Sectors,
The Minister of Industry, Trade and Investment, Mr. Niyi Adebayo has said that the federal government hopes to generate about...
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Senate grills NCDMB officials over $10bn Train 7 gas project
The Senate Committee on Local Content, on Wednesday, grilled the management of the Nigerian Content Development and Monitoring Board over...
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Prepare for unstable loan markets, IMF tells Nigeria, others
The International Monetary Fund has advised Nigeria and other developing economies with large foreign currency borrowings and external financing need...
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Petrol landing cost rises to N282/litre, oil hits $90
The upturn in global crude oil prices has pushed the landing cost of Premium Motor Spirit (petrol) imported into Nigeria...
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Stock Market Crosses N25trn Mark Amid Demand for Airtel Africa, Others
The stock market capitalisation of the Nigerian Exchange Limited (NGX) crossed the N25 trillion mark yesterday, supported by foreign investors’...
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Nigerian FinTech Records 100,000 Users on its Lending Platform
Nigerian FinTech, P2vest Technology Limited has announced that its peer-to-peer lending application, P2Vest has hit 100,000 users with access to...
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IMF retains 2022 growth forecast for Nigeria at 2.7%
The International Monetary Fund has retained its 2022 growth forecast for Nigeria at 2.7 per cent and increased 2023 projection...
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Stock Market Rebounds as CBN Maintains Status Quo on Rates
The stock market of the Nigerian Exchange Limited (NGX) gained N6 billion, even as Monetary Policy Committee (MPC) of the...
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FG probes online banks over breach of customers’ data privacy
The Federal Government has begun a probe of online banks over their alleged breaches of customers’ data privacy, it has...
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Federal workers’ pensions, gratuities gulp N208bn in seven months
The Federal Government has spent N208.21bn on payment of pension and gratuity arrears in seven months, a new Central Bank...
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FG Bows to Labour, Shelves Plan to End Fuel Subsidy from July
Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, has announced the resolve of the federal government to jettison...
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5G deployment gets boost, CBN gives telcos forex priority
The deployment of fifth generation technology has got a boost as the Federal Government through the Central Bank of Nigeria...
Read moreNigeria’s local debt to hit N43 trillion in 2022 – Agusto & Co
Nigeria’s local debt is projected to amount to about N43 trillion naira in 2022. This was stated by Agusto &...
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World Bank, AfDB approved $2.83bn for Nigeria in 2021
The World Bank and the African Development Bank approved a total sum of $2.83bn to Nigeria in 2021, It has...
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Plan to relocate Lagos sawmill operators gets boost
The Lagos State Government says it is leaving no stone unturned in ensuring a seamless relocation of sawmill operators from...
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Lekki Port: FG Expresses Satisfaction at Level of Work Done, Urges Promoters to Double Efforts
The federal government has expressed its satisfaction with the increased pace of work on the construction of the Lekki Deep...
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Financial Inclusion: An Overview of e-Naira Prospects In 2022
The year, 2022 has been ushered in with overwhelming expectations for achieving socio-economic and political transformation. In the process of...
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IMF set to launch $50bn lifeline for Nigeria, others
The International Monetary Fund has said it is set to launch a $50bn trust fund for low-income and vulnerable middle-income...
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500,000 new merchants, SMEs to benefit from expanded digital payment solution
•Mastercard to connect 50m small businesses digitally by 2025 An estimated 500,000 new merchants across the Middle East and Africa...
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Petrol may sell for N403/litre as governors engage Labour
• FG currently paying N241 as subsidy on every litre of petrol • Expect a decision on subsidy removal in...
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The Finance Act 2020, Tax Burden and FG’s Aggressive Revenue Drive
Though already operational for over one year, the Nigerian Finance Act 2020 has remained a topic of debate, particularly among...
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Farmers fear international rejection of Nigeria’s cocoa over low quality
Cocoa farmers on Tuesday raised the alarm over the low quality of cocoa beans produced in Nigeria and expressed fears...
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