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Economy, Latest Politics, Taxes
Friday, May 22nd, 2020
By Nwafor Sunday The Attorney General of the Federation, Abubakar Malami, Friday warned Nigerians evading tax on foreign properties to stop, noting that Federal Government would henceforth prosecute anybody found guilty. Disclosing this in a statement signed by his Spokesman, Umar Gwandu, Malami also warned banks to desist from further shielding Nigerian citizens, noting that […]
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Economy, Latest Politics, National Politics, Top Stories, Uncategorized
Friday, May 22nd, 2020
COVID-19: Economy’ll go into recession — FG ON May 21, 20209:59 PMIN NewsBY Urowayino Jeremiah Kindly Share This Story: Says Nigeria faces huge economic downturn; We haven’t seen the worst yet — Badaru GDP to contract by -8.94% in 2020; NEC sets up c’ttee to reopen economy By Johnbosco Agbakwuru ABUJA—THE Federal Government yesterday painted […]
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Economy
Monday, May 18th, 2020
By Chinyere Joel Nwokeoma Debtors Africa, in partnership with Proshare, have launched an independent searchable database of recalcitrant and delinquent debtors in Africa. They also launched Debtors Report. Debtors Report is a comprehensive analysis of the debt/non-performing loans situation in Nigerian banking industry. Mr Bayo Awoyemi, Team Lead, Debtors Africa, said in a statement on […]
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CBN (Central Bank of Nigeria), Economy, Latest Politics
Sunday, May 10th, 2020
Godwin Emefiele By Mustapha Sumaila Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, has assured investors of the security of their investments in the country in spite dwindling revenue from the sale of crude oil globally. The CBN’s Director, Corporate Communications Department, Mr Isaac Okoroafor, in a statement on Sunday, said Emefiele gave the […]
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Economy, Women Politics
Sunday, May 3rd, 2020
Okonjo-Iweala By Chris Onuoha A former Minister of Finance and erstwhile Managing Director of the World Bank, Dr Ngozi Okonjo-Iweala, warns of difficult times ahead on the heels of looming global recession occasioned by the coronavirus pandemic. Excerpts of interview: Oil prices have been going down and the consequences appear dire for Nigeria among many […]
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Economy, Latest Politics, Muhammadu Buhari (1983-85, 2015 - 2023), National Politics, Presidency
Thursday, April 30th, 2020
Tobi Aworinde, Abuja The Economic Sustainability Committee, chaired by Vice-President Yemi Osinbajo, on Thursday, met with members of the Presidential Economic Advisory Council over a sustainability plan by the committee. The President, Major General Muhammadu Buhari (retd.), had, on April 2, inaugurated the committee with the aim of tackling the economic challenges and fallouts of […]
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Economy, Headlines, Latest Politics, Top Stories, Uncategorized
Wednesday, April 29th, 2020
The International Monetary Fund(IMF) has approved Nigeria’s request for $3.4 billion loan to fight the devastating effect of the COVID-19. The loan, which has a maximum repayment period of five years was approved by the Fund’s board Tuesday. The emergency financial assistance was approved under the Rapid Financing Instrument to support the authorities’ efforts in […]
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Economy, Latest Politics, Nigeria Labour Congress (NLC)
Tuesday, April 14th, 2020
By Johnbosco Agbakwuru ABUJA – THE Organized labour in Nigeria has expressed displeasure over the exclusion of Nigeria among the 25 poor countries benefitting from the debt relief services by the International Monetary Fund, IMF.ADVERTISING The generosity of the IMF, was to help the benefitting countries contain the spread of COVID-19 (Coronavirus) pandemic, which has […]
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CBN (Central Bank of Nigeria), Economy, General Politics, Headlines, Latest Politics, Legislature, Senate
Thursday, January 30th, 2020
By Kingsley Okoye The Senate on Thursday at Plenary confirmed the nomination of Dr Kingsley Obiora as Deputy Governor of the Central Bank of Nigeria (CBN). The confirmation of Obiora, followed the receipt of the report of the Committee on Banking and Insurance, and consideration of same at the Senate Committee of the Whole. President […]
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Economy, Latest Politics
Saturday, September 28th, 2019
By Chijioke Okoronkwo Vice President Yemi Osinbajo on Thursday presided over the National Economic Council (NEC) meeting at the Presidential Villa, Abuja. The vice president, by the provisions of Nigeria’s Constitution, is the chairman of NEC. This meeting is the second since the inauguration of President Muhammadu Buhari’s cabinet for the second term. The NEC meeting, held monthly, […]
