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Business and Economy
NACCIMA lauds ITF’s effort in bridging skills gap
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has lauded the Industrial Training Fund (ITF) on its effort in bridging...
Tax waivers, illicit financial flows, others responsible for low revenue – FIRS
The Federal Inland Revenue Service (FIRS) says non-discretionary tax waiver grants, illicit financial flows abroad and high overhead costs are responsible for not meeting...
AfDB clarifies Africa’s debt
The African Development Bank (AfDB) has clarified the debts incurred by Africa.
AfDB made this known in a statement by its Communication and External Relations...
SEC may announce new recapitalisation programme for capital market operators
Capital market operators should be bracing up for recapitalisation programme as indications emerged on Thursday that the Securities and Exchange Commission (SEC) may introduce...
CBN says receiving money transfers in foreign currency detrimental
The Central Bank of Nigeria (CBN) says receiving international money transfers in foreign currencies by Nigerians is detrimental to the Naira.
Ms Ozemena Nnaji, Director,...
Valentine: Purchase of lingerie, cakes, roses soar
Two days to St. Valentine’s Day, some shops in Lagos malls are recording an increase in the purchase of lingerie, cakes and roses.
In a...
NSE market indices record 0.02% marginal growth
The market indicators of the Nigerian Stock Exchange (NSE) closed marginally on Wednesday with a growth of 0.02 per cent.
Specifically, the All-Share Index (ASI)...
BPE targets over N270bn from transactions in 2020
Bureau of Public Enterprises (BPE) says plans are underway to generate N270.79 billion from its 20 transactions in 2020.
The Director-General, BPE, Mr Alex Okoh,...
FIRS inaugurates intelligence system to track tax evaders
The Federal Inland Revenue Service (FIRS) has inaugurated a National Intelligence Gathering System to gather data and track tax evaders and defaulters across the...
NECA hails CBN for exempting coys from Forex restriction
The Nigeria Employers’ Consultative Association (NECA) has commended the Central Bank of Nigeria (CBN) for exempting six companies from restriction on milk and dairy...
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