Economy
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NBS: Nigeria’s public debt increased by N6.01trn in one year
The National Bureau of Statistics (NBS) says Nigeria’s total public debt stock as of third quarter of 2020 (Q3 2020)…
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Expatriate Policy: Employ Nigerians or face sanctions, FG tells firms
THE Federal Government, yesterday, mandated companies in Nigeria to employ qualified Nigerian graduates understudying for expatriates, or face sanctions. A…
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Oil nears $56, FG may reintroduce fuel subsidy
By Femi Asu Since November 13, 2020 when the pump prices of Premium Motor Spirit (petrol) were last increased in…
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Power minister asks NERC to suspend reviewed electricity tariff
Saleh Mamman, minister of power, has directed the Nigerian Electricity Regulatory Commission (NERC) to halt the implementation of the reviewed…
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Customers to pay less as FG removes VAT on commercial flight tickets
The federal government has exempted commercial flight tickets from value-added tax (VAT). This is contained in the 2020 finance bill,…
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Cash woes: FG after dormant accounts, unclaimed dividends
…N895bn accumulated as unclaimed dividends, dormant account funds …Bankers surprised, unaware Hard-pressed for additional sources of funds to plug the…
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COVID-19 relief: Again, Ghana offers citizens
The government of Ghana has offered free electricity units to lifeline customers for three months. Lifeline customers are those who…
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Concerns, as 6 companies dominate Nigeria’s stock market
At the backdrop of the recent bullish (trend in the) stock market, just six companies listed on the Nigerian Stock…
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2021 will be tough for food production, supply— Lagos govt
Lagos State Commissioner for Agriculture, Abisola Olusanya, has called on farmers in the state to brace up to fill the…
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FAAC Shares N601bn December 2020 Revenue To FG, States And LGs
The Federation Accounts Allocation Committee (FAAC) has shared a total of N601.110 billion November 2020 federation account revenue to the…
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