Finance & Economy
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N472.07bn Generated as Company Income Tax in Q2 2021, Increases by 17.42% YoY – NBS
Data on Company Income Tax breakdown by sectors for Q2 2021 reflected that the sum of N472.07bn was generated as…
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FIRSTBANK IMPACTS ITS FIRSTMONIE AGENTS WITH A 100 BILLION NAIRA LOAN
The Bank has been at the forefront of promoting financial inclusion in the country, impacting Nigerians, regardless of their locations…
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No Respite Yet for Union Bank Plc
Union Bank of Nigeria Plc has released its Q2 2021 Unaudited results for the period ended June 30th, 2021…
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FCMB’s Profit After Tax Crashes By 22 percent
FCMB Group Plc released its Q2 2021 Unaudited results for the period ended June 30th, 2021 with Profit After Tax…
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BDC Market Implodes as the CBN Stops Sale of Dollars to the Parallel Market
Nigeria’s Bureau de Change (BDC) market went into a tailspin at the beginning of last week as traders buckled under…
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CBN to Refund Minimum Capital Deposits and Licensing Fees to BDC Promoters
The Central Bank of Nigeria (CBN) has released a circular stating that it will start an immediate refund of capital…
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Naira Depreciated by -2.40% WoW in the Parallel Market at an Average Exchange Rate of N512
For the week-ended July 30, 2021, In the parallel market, the Naira depreciated against the US Dollar by 2.40% ($/N12.00)…
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THE MEGA BUCK OF FIRS
“Little minds are tamed and subdued by misfortune; but great minds rise above them” says Washington Irving. Irving’s words no doubt, have…
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Inflation Remains a Major Driver of Poverty in Nigeria – Muda Yusuf
Nigeria’s high inflation rate of 17.75% and 21.83% (Food inflation), has been identified as a major driver of poverty in…
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