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Average Nigerian Business Pays 48 Taxes, Says Elumelu

The Chairman and founder of Heirs Holdings, Tony Elumelu, has said that an average business concern in Nigeria pays 48 taxes. He noted that with this trend Nigeria would be unable to keep its [...]

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NNPC Shifts 40 Billion Oil Reserves Target to 2025

The Nigerian National Petroleum Corporation has said it seeks to increase the nation’s crude oil reserves to 40 billion barrels and production capacity to four million barrels per day by 2025. [...]

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We’ll Enact Policies for Fintech Innovation — FG

Mr Lanre Osibona, Senior Special Assistant to the President on ICT, says Federal Government plans to enact policies that will encourage innovation and dynamism in the financial technology space. [...]

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‘Stress, Impaired Sleep Pose Higher Death Risk in Workers with Hypertension’

A research has linked work stress and impaired sleep to a threefold higher risk of cardiovascular death in employees with hypertension. The finding was published in the European Journal of [...]

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STOCK MARKET REPORT FOR 26TH OF APRIL, 2019

It was another four-day trading week as the Federal Government of Nigeria declared Monday 22nd April 2019 (Easter Monday) as Public Holiday in commemoration of the Easter celebrations. Meanwhile, [...]

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Nigeria’s N24Tn Debt Still Sustainable, FG Insists

The Minister of Finance, Mrs Zainab Ahmed, has said that Nigeria’s debt which currently stands at about N24.3Tn is still within sustainable limit. She said that the country’s debt, which is about [...]

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Lagos Alone Contributed 70% of Nigeria’s N5.2Tr Tax Revenue

The Society of Women in Taxation (SWIT), yesterday Tuesday 23rd of April 2019, raised concern that 70 per cent of the N5.2 Trillion taxes collected in 2018, came from Lagos State alone. The [...]

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Tony Ojobo Suggests Four Critical Factors for ICT Development in Africa

Obviously, Africa as a continent faces serious challenges arising from population explosion and rising unemployment. This portends danger for the continent if not addressed, says the President [...]

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Breaking: Senate Rejects Bill to Phase out Petrol Cars, Adopt Electric Ones

The Nigerian Senate, during plenary on Wednesday, rejected a bill seeking to phase out the use of petrol-powered cars in Nigeria and adopt those powered by electricity. Sponsor of the bill, [...]

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FG to Maintain Current Forex Policy — Lai Mohammed

The Minister of Information, Lai Mohammed, has said that the current policy of multiple exchange rates for the Naira is working well, and as such the Central Bank of Nigeria (CBN) is unlikely to [...]