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Federal Government To Review Workers' Salaries, Cost of Governance
Business News

SFTAS: FG Disburses N123b To States

The Federal Government has disbursed N123.348billion (USD324.6million) to states under its States Fiscal Transparency Accountability and Sustainability (SFTAS) Programme for Results. The Minister of Finance,

Nigeria's Economy Suffers Worst Recession In 36 Years
Business News Oil and Gas

FG Set To Lose $10b To Delay In Passage Of PIB

The Federal Government’s capacity to earn at least $10 billion or N4 trillion through the oil and gas industry, especially in the ongoing marginal fields

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Business News

Economy: Inflation Rate Hits 14.89 Percent

Nigeria’s inflation rate has risen for the 15th consecutive month to 14.89 percent in November according to the Consumers Price Index (CPI) released by the

Business News Niger Delta

Akwa Ibom Govt. Shutdown GTBank Over N184m Tax Debt

The Akwa Ibom State Government has sealed two branches of the Guaranty Trust Bank (GTBank) – Udo Udoma and Abak road in Uyo for alleged

IMF Urges FG To Increase VAT, Cut Interest Rates
Business News

IMF Urges FG To Increase VAT, Cut Interest Rates

The International Monetary Fund (IMF) has advised the federal government to increase the Value Added Tax (VAT) and excise duties as soon as the economy

Federal Government To Review Workers' Salaries, Cost of Governance
Business News

COVID-19: FG To Reduce Tax In 2021 – Finance Minister

The Federal Government has stated that it is making efforts to reduce the tax burden on the Nigerians in the wake of the current economic

Buhari Approves Verification Exercise For Ex-Agitators
Business Foreign

AfCFTA: Buhari Calls For ECOWAS Commitment

Ahead of the January 1st commencement of the African Continental Free Trade Area (AfCFTA) Agreement, President Muhammadu Buhari has called for the commitment of member

Delta State Debt Stock Reaches N207b
Business News Niger Delta

Delta State Debt Stock Reaches N207b

The Delta State government has disclosed that the state’s debt profile currently stands at N207b. The State Commissioner for Finance, Fidelis Tilije made this known

CBN To Freeze Account Of 194 BDC Operators
Business News

CBN Calls For Reduction In Bank Charges

The Central Bank of Nigeria (CBN) has called on banks and other financial institutions to reduce the cost of providing banking services to their customers,

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Business News

Recession: CBN Retains Lending Rates

The Monetary Policy Committee of the Central Bank of Nigeria has retained key lending rates at 11.5%. Governor of the Central Bank of Nigeria (CBN),