Finance & Economy
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FG To Launch Road Map For Marine & Blue Economy Sector
The federal government said there are plans in motion to launch a road map for the Marine and Blue Economy…
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Nigeria’s 2023 Budget Implementation Report, 2024 Budget and the Troubled State of Economic Assumptions
President Bola Tinubu’s plans to increase spending by a fifth in his first budget – a proposed spending plan that…
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FAAC: FG, states and local government share N903.4 billion in September
The Federation Account Allocation Committee (FAAC) has shared a total of N903.4 billion in Federation Account Revenue for September 2023…
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Tax Reforms: FG to Streamline Over 200 Taxes, Levies to About 10
The Presidential Committee on Tax Reforms and Fiscal Policy has recommended pruning of the long list of officially collectable taxes…
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Central Banks Search for Lessons From the Great Inflation Outbreak
Policymakers likely to show some flexibility in return to 2% Quantitative easing better used for firefighting not stimulus After the…
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Debt restructuring: FG’s borrowing from CBN falls to N4.36tn
The Federal Government’s debt to the Central Bank of Nigeria through the Ways and Means Advances fell to N4.36tn after…
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FG seeks private sector support on Poverty Alleviation, Economic Devt
Minister of Budget and National Economic Planning, Senator Atiku Bagudu has said that the private sector is critical to driving…
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No plan to increase taxes, FIRS chairman assures firms
Acting chairman of the Federal Inland Revenue Service, Zacch Adedeji, has allayed fears being expressed by corporate organisations that the…
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Big banks are quietly cutting thousands of employees, and more layoffs are coming
Key Points Even as the economy has surprised forecasters with its resilience, lenders have cut headcount or announced plans to…
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Nigeria signs deal with Afreximbank to fund $200m LNG project
NIGERIA and African Export Import Bank, Afreximbank, yesterday, signed an agreement targeted at funding the nation’s $200 million Liquefied Natural Gas,…
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