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SUSTAIN TAX COLLECTION TO REDUCE BORROWING – EXPERT TELLS FG

A tax expert, Mr Mac-Antony Dike, on Wednesday advised the Federal Government to sustain its zeal of generating more revenue from tax defaulters to reduce borrowing. Dike, a former President of [...]

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NIGERIA’S EXIT FROM RECESSION UNDER THREAT, SAYS CBN

The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday warned that weak economic fundamentals currently being shown by the Nigerian economy are putting the country’s exit from [...]

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PRIVATE EQUITY-BACKED IPOS RISE IN AFRICA – PWC, AVCA

The African Private Equity and Venture Capital Association and PwC Nigeria have said private equity-backed Initial Public Offerings are among the largest IPOs in Africa. They stated this in the [...]

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BEARISH HOLD FORCE MARKET INDEX DOWN BY N32 BILLION

Following price losses recorded by most bluechip companies, equity transactions reopened on a bearish note yesterday, causing market capitalisation to plummet by N32 billion. Specifically, at the [...]

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NAIRA-NOW-N364-28-PER-DOLLAR

The Naira on Monday weakened against the Dollar at the investor’s (I&E) window, exchanging at N364.28, weaker than N363.68 traded on Friday. Market turnover at the I &E window stood at [...]

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GLOBAL SPENDING ON DIGITAL MARKETING NEARS $100 BILLION

Spending on digital marketing grew by 44 per cent last year in the United States and Britain to 52 billion dollars, a study has found. It estimated that global outlays on such tactics are [...]

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NIGERIA’S INTERNET SUBSCRIPTION RISES TO 104M

The Nigeria internet data report released by the Nigerian Communications Commission, NCC revealed that Nigerian internet subscription data increased from 103,671,778 in July 2018 to 104,628,642 [...]

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CSEAN ASKS BUHARI TO ASSENT ELECTRONIC TRANSACTION BILL

Cyber Security Expert Association of Nigeria (CSEAN) has called on President, Muhammadu Buhari to assent to the Electronic Transaction bill, which has been passed by the Senate in May last year. [...]

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NIGERIAN IT FIRMS MAY TAKE 30 YEARS TO HIT $1TRN VALUATION

Aspirations of Nigerian firms, cum Africa, especially those in the technology space to hit the $1 trillion market valuation like Apple and Amazon, may not happen until 2050.This is the submission [...]

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NIGERIA’S FOREIGN DEBT RISES BY 17% H1’18 TO $22.1BN

The National Bureau of Statistics (NBS), yesterday, said that Nigeria’s foreign debt at the end of the first half of 2018 (H1’18) stood at $22.08 billion. This represents a 17 percent rise over [...]