News
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2020 IGR Report: Urgent Need to Bolster States’ IGR
The NBS has published its report on internally generated revenue (IGR) at state level for Q4 ’20. According to the…
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N849.12bn Generated as IGR in H1 2021
The National Bureau of Statistics published the Internally Generated Revenue (IGR) Report at the State level for Half Year (H1)…
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Difference between a Payment Service Banks (PSB) and Deposit Money Banks (DMBs)
The Central Bank of Nigeria issued an approval in principle to two of the nation’s largest telecommunication firms, MTN Nigeria…
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Private sector borrowing hits N33.8 trillion
Nigeria’s credit to the private sector ballooned to another all-time high of N33.8 trillion as of September 2021. This is…
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NESTLE NIGERIA : UNDER THE BURDEN OF DEBT
Nestle Nigeria , a food and beverage giant, no doubt ,is known to be very proactive and competitive in the…
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Global Energy Crunch: A Perfect Storm
Oil prices have surged beyond the $80pb ceiling (a 7-year high) on rising energy demand in response to the post-pandemic…
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US Shale is Finally Ready to Open the Taps –
Oil prices are on course to post a weekly loss despite OPEC+ refusing to increase production. A combination of U.S.…
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MTNN Announces Sale of Shares, Receives Approval in Principle
Recently, the telecom giant, MTN Nigeria (MTNN), announced MTN Group’s intention to proceed with a public offer for the sale of up to…
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MTN Receives An Approval in Principle for the Proposed MoMo Payment Service Bank Ltd
MTN Nigeria Communications Plc (MTN Nigeria) as promoter, received an Approval in Principle (AIP) dated 4 November 2021 from the…
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GUINNESS Q1 2022: A Turning Point ?
In its recently released Q1 2022 financials, Guinness Nigeria announced a Revenue growth of 58.1% y/y to N47.47bn from N30.02bn…
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