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Sunday, December 22, 2024

CATEGORY

Economy

FG Gets $486m Loan From World Bank To Improve Power Supply

The World Bank on Friday approved an International Development Association (IDA) Credit of $486 million for the rehabilitation and upgrading of electricity transmission substations...

CBN Set To Hold ‘Tweet Meeting’ Over Nigeria’s Exit From Recession

Nigeria’s apex Bank, the Central Bank is set to hold a Tweet meeting aimed at informing and educating Nigerians on the efforts being made...

How Fear Grips Nigerians Who Own Properties In UK Over New Law

Nigerians, who own properties in the United Kingdom, have inundated the Federal Ministry of Finance’s Voluntary Assets and Income Declaration Scheme (VAIDS) hotlines with...

No Hiding Place For Tax Defaulters Any More – Adeosun

Finance Minister, Kemi Adeosun said on Thursday that there is no hiding place for tax defaulters in the country any more. She expressed regret that no...

Economic Activities Record Expansion In January – CBN

The Central Bank of Nigeria (CBN) on Thursday revealed through its released Purchasing Managers Index (PMI) report  for January that  expansion of economic activities...

Nigerian Senate To Clampdown On Bit-coin, Ponzi Scheme Operators

The Senate of the federal republic of Nigeria has expressed great concern over the widespread usage of Bit-coin, a form of Crypto-currency and other...

Inflation Rate Declines To 15.37% In 2017 – NBS

The National Bureau of Statistics (NBS) has disclosed that the nation’s inflation rate slowed down to 15.37 per cent in 2017, making it the...

Why Queues Are Resurfacing – Oil Marketers

The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Thursday said that petrol allocations by the Nigerian National Petroleum Corporation (NNPC) to Ibadan Depot...

CBN Threatens To Sanction Banks

The Central Bank of Nigeria (CBN) ​on Monday threatened to impose N10,000 daily fine on banks and other electronic payment service providers that fail...

CBN Reveals How Total Deposits Rise By 4.7% To N20.6trn

The Central Bank of Nigeria (CBN) has revealed that total deposits by the federal, state governments, financial institutions, among others increased by 4.7 per...

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