Finance & Economy
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Nigeria imposes income tax on forex gains of banks
i The Federal Government of Nigeria is seeking to tax the realised profits from all foreign exchange transactions of banks…
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Nasdaq, S&P 500 end sharply lower, hit by chips, megacaps; Dow extends
Summary Chips tumble on China trade worries Dow extends string of all-time closing highs Russell 2000 snaps five-day winning…
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FG’s policies crippling businesses — NECA, MAN, NACCIMA
— The Nigeria Employers’ Consultative Association, NECA, Manufacturers Association of Nigeria, MAN, and the Nigerian Association of Chambers of Commerce…
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IMF Slashes Nigeria’s Economic Growth Forecast To 3.1%
The International Monetary Fund (IMF) has cut its forecast for Nigeria’s economic growth in 2024 to 3.1 per cent. The…
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Investors Gained N62.03bn as NGXASI Advanced by 0.11%; BDC Rate Depreciated to N1,565/USD
1. EQUITIES MARKET 1.1 NGX – Listed Equities On Tuesday, the Nigerian equities market closed on a bullish note, surpassing the…
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Federal, State, Local Gov’ts Share N1.354trn Revenue For July
A total of N1.354 trillion in revenue from the June 2024 federation account has been allocated to the federal government,…
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Federal, State, Local Gov’ts Share N1.354trn Revenue For July
A total of N1.354 trillion in revenue from the June 2024 federation account has been allocated to the federal government,…
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NGX lists Wema Bank’s right issue of 8.572 billion shares on its platform
The Nigerian Exchange Limited has admitted Wema Bank Plc’s Rights Issue of 8.572 billion ordinary Shares of 50 Kobo each…
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NEITI: Nigeria’s economy threatened by decline in global crude oil demand
The Nigeria Extractive Industries Transparency Initiative (NEITI) says Nigeria is faced with significant threats to its economy over the possibility…
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Tinubu’s food importation policy could destroy Nigeria’s agriculture – Akinwunmi Adesina
The President of the African Development Bank Group Dr. Akinwumi Adesina (www.AfDB.org) has said the decision by Nigeria’s government to…
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