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58% of Organizations are at A Digital Deadlock Says Report

A new research has shown that 93% of organizations have plans to pursue digital business transformation, but 59% of organizations are in stage 2 or 3 (out of 5 stages) of their digital [...]

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Petrol Import Rebate May Cost Nigeria Over $561.2Mn, N334.2Mn

Nigeria is to lose $561.2Million, as well as N334.2Million in revenue due to indiscriminate approval of 50 per cent rebate approved by Federal Government on imported petrol this year, it was [...]

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NASME, NASSI Fault Proposed 5% Tax-Cut for MSMEs

Operators in the Micro, Small and Medium Enterprises (MSMEs) sub-sector of the economy have faulted the planned five percent reduction in tax payable by small businesses in the country, claiming [...]

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Low Demand Haunts Nigeria’s Oil as Unsold Stocks Hit 34Mn Barrels

There are indications that international oil market is haunted by low demand as unsold Nigerian stocks have been estimated at between 20 and 34 million barrels. A market survey by Platt showed [...]

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Experts, Students Preach Techpreneurship, Canvass Improved Business Climate

Students of the Faculty of Technology, Obafemi Awolowo University, Ile-Ife, have disclosed that the way forward for the Nation’s development and overcoming the present economic mishaps is to [...]

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Crude Oil Prices to Decline to $68 a Barrel in 2019

The United States’ Energy Information Administration (EIA) forecasts that Brent crude oil prices will average $71 per barrel in 2018 and $68 a barrel in 2019. Meanwhile, Nigeria’s Bonny Light [...]

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NSE: Dependence on Foreign Investors Worries Experts

Capital Market experts have expressed concerns on the volatility and spill-over effect caused by over dependence on Foreign Investors in the Nation’s stock market. According to them, the major [...]

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Investors Lose N1.3b in NSE’s Alternative Securities Market

Investment on the Nigerian Stock Exchange (NSE) Alternative Securities Market (ASeM) declined by N1.33 Billion at the end of trading on June 14, 2018.ASeM is a specialized board of the Nigerian [...]

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STOCK MARKET REPORT FOR JUNE 14, 2018

It was a four-day trading session this week as Federal Government of Nigeria declared Friday 15th & Monday 18th June 2018 to mark the end of the Month of Ramadan to commemorate the idl-fitri [...]

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Budget Delay Threatens Nigeria’s Top 20 Economies Target — LCCI

The Lagos Chamber of Commerce and Industry, LCCI, at the weekend said late passage of the budget is a threat to achieving the ERGP targets and to Nigeria’s goal of becoming one of the top 20 [...]

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