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Tax Reform, Digitisation Key to Financing Development; West Africa’s Economy Expands By 3.2% in 2018

This year’s Economic Report on Africa, a flagship publication of the United Nations Economic Commission for Africa (ECA) focuses on fiscal policy.  Government revenues account for 21.4%, [...]

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Taxation: We Need to Enhance and Expand Government’s Revenue Base —Buhari

President Muhammadu Buhari has said that the Federal Government will continue to sensitize and encourage Nigerians to cultivate the culture of paying taxes by ensuring fair implementation of [...]

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Interest Rate Cut Threatens Foreign Portfolio Investments – Analysts

Analysts have said the reduction of the Monetary Policy Rate, also known as Benchmark Interest Rate, may dampen foreign investors in the Nation’s stock market. The Monetary Policy Committee of [...]

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NIGERIA LOSES N302BN TO GAS FLARING IN ONE YEAR

Gasflaring has continued to take its toll on the Nigerian economy, the environment and the lives of the people of oil-producing communities, as the country lost $987.175 million, about N302.076 [...]

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EUROPE IS ON THE BRINK OF CHANGING THE INTERNET AGAIN

A pitched battle over copyright law in Europe is coming to a head. The European Parliament will vote Tuesday on a radical overhaul of copyright rules that has pitted Big Tech against content [...]

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HOW POPE FRANCIS COULD SHAPE THE FUTURE OF ROBOTICS

It might not be the first place you imagine when you think about robots. But in the Renaissance splendour of the Vatican, thousands of miles from Silicon Valley, scientists, ethicists and [...]

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TECH TENT: GOOGLE COMES OUT TO PLAY

It is the search giant which is pouring billions into everything from mobile phones to artificial intelligence and driverless cars, Now Google wants to transform the video games industry and on [...]

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FOREIGN INVESTORS WITHDREW N55BN FROM STOCK MARKET IN FEBRUARY —NSE

The Nigerian Stock Exchange has said foreign outflows from the stock market increased by 97.8 per cent from N27.81bn in January 2019 to N55.01bn in February. The NSE, in its latest foreign [...]

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INVESTORS LOSE N291.5BN ON SUSTAINED PROFIT-TAKING

  Investors in the Nigerian Stock Exchange lost a total of N291.5bn last week as the equities market witnessed sustained profit-taking and selling pressure. Bearish sentiments dragged the [...]

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FISKER RELAUNCHES TESLA RIVALRY WITH $40K ELECTRIC CAR

Fisker, the electric car brand which was an early rival to Tesla, announced Monday it would produce a new sport utility vehicle priced below $40,000 that will be available next year. The move [...]