News
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*GTB – Pain, pettiness, inordinate ambition and a wobbled vision
When I got the news that its beautiful MD didn’t attend the 70th birthday of iconic and influential Co Founder,…
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Gross Official Reserves Declined by USD4.2bn in 2023
According to the data published by the CBN, Nigeria’s gross official reserves decreased by USD91.6m to USD32.9bn in Dec ’23.…
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Investors Gained N1.82trn as NGXASI Advanced by 3.39%; BDC Rate Depreciated to N1,320/USD
. EQUITIES MARKET 1.1 NGX – Listed Equities The Nigerian stock market closed higher by 3,329.48 points, ending the day with a positive market…
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FIRS to boost tax revenue collection by 57% in 2024
The Federal Inland Revenue Service (FIRS) has revealed plans to significantly increase its tax revenue collection by 57% to N19.4…
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Electricity: DisCos’ revenue collection rises 30% to N782.74bn
IN spite of ongoing epileptic power supply across the country, revenue collection by eleven electricity distribution companies, DisCos rose by 30…
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Nigeria lost N5trn to tax holidays granted 34 companies – Report
The Oxfam in Nigeria, Civil Society Legislative Advocacy Centre (CISLAC) and Connected Development (CODE) have said that Nigeria lost approximately…
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NBS: NUPRC, FIRS, Others Shared N53.5bn as November Collection Cost
Data from the National Bureau of Statistics (NBS) has shown that revenue-generating agencies, including the Nigerian Upstream Petroleum Regulatory Commission…
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FIRS suspends implementation of VAT guidelines
guidelines The Federal Inland Revenue Service (FIRS) has announced the postponement of the implementation guidelines for the value-added tax simplified…
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Nigerian Fintechs Secure $243m Funding, Trail Egypt, South Africa, Kenya
Nigeria’s fintech startups amassed $243 million in funding over the past year, marking the lowest among the “Big Four” African…
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NNPC Seeks Private Firms To Manage Port Harcourt Refinery
The Nigerian National Petroleum Company (NNPC) Limited is in the process of handing over the operations of the Port Harcourt…
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