About 71 companies enjoyed N390.26bn pioneer status incentives in two years, according to findings by The PUNCH. Data obtained from the Federal Inland Revenue Service annual reports showed that pioneer ...
The Central Bank of Nigeria (CBN) has announced revocation the licences of 132 Microfinance Banks, three Finance Companies and four Primary Mortgage Banks across the country. The revocation is contained ...
To displace charcoal with clean cooking gas, also known as Liquefied Petroleum Gas, would cost Nigeria and other countries in Africa about $7.5bn for downstream infrastructure and stoves, the African ...
The International Monetary Fund has said Nigeria could lose an estimated $10bn of foreign direct investment and official development assistance inflows to geo-political tensions. The IMF in its country focus ...
The International Monetary Fund says the recent slowdown witnessed in Foreign Direct Investment, especially in developing countries can be linked to the divergent trade patterns among countries, with flows increasingly ...
The Federal Government, on Wednesday, approved the total sum of N23.33bn for surface maintenance of the Third Mainland Bridge, Lagos State, as well as the augmentation of the contract sum ...
The rejection of old notes by transport operators, fuel stations, traders, and other businesses continued over the weekend, leaving many bank customers, workers and commuters stranded in various parts of ...
The fresh move by some Deposit Money Banks to re-circulate old N500 and N1,000 notes suffered a setback on Tuesday as motorists, fuel stations, retailers, traders, and other categories of ...
The International Monetary Fund has urged the Central Bank of Nigeria and other monetary authorities to deemphasise monetary policy as a way of tackling the resurgence of inflation. In a new ...
The World Bank has disbursed at least $12bn, almost half of which was to Africa, to help beneficiary counties cope with food shortage. In a new report titled “Food Security Update ...
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