News
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Nigeria’s earnings from foreign taxes nearly doubled in 2023 over weak naira
Nigeria has witnessed a significant surge in tax earnings from foreign firms, with figures nearly doubling in the span of…
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Inside CBN’s N10 trillion intervention where N193 billion loans have been declared lost
The Central Bank of Nigeria’s Intervention Funds Programme, estimated at N10.3 trillion, has achieved a repayment rate of 75.8%. The…
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Dangote Cement FY 2023: Net Sales Rises 36.6%, Despite Tough Business Environment
Nigeria’s cement companies are going through a rough patch despite rising market product prices. Rising input and logistics costs and…
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MTN Nigeria FY 2023 Result: FX Losses Hurt Bottom Line as PAT Drops 138.09%
Nigerian Telcos had a harsh year in 2023, and the pain continues into 2024. The problem was less a matter…
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Nigeria’s imported food inflation jumps to 29.8% as naira depreciation triggers record high rate
Imported food inflation in Nigeria rose to its highest level, reaching 29.8% in February 2024 from 26.3% recorded in the…
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EFCC REPORTS NAIL REA MD ON N12.7B FRAUD
The interim report of an investigation by the Economic and Financial Crimes Commission (EFCC) has revealed details of the misappropriation…
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Nigeria becomes Africa’s largest importer of refined petrol from Europe – S&
P Analysts at S&P Global Commodity Insights revealed that Nigeria has become the largest importer of refined petrol in Africa…
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Yar’Adua emerges Chairman, Northern Senators’ Forum
Senator Abdulaziz Yar’Adua (APC-Katsina) has emerged Chairman, Northern Senators’ Forum (NSF). Yar’Adua emerged after a meeting of the group in…
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BREAKING :OLUBADAN IS DEAD
Oyo State governor, ‘Seyi Makinde, on Thursday, announced the passage unto glory of the 42nd Olubadan of Ibadanland, His Imperial…
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Lafarge Africa Plc FY 2023 Results: PBT Grows by 15.33% Despite FX Revaluation Loss
Lafarge Africa Plc FY 2023 Results: PBT Grows by 15.33% Despite FX Revaluation Loss The global cement business will remain…
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