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Business and Economy

China’s smartest high-speed train makes remarkable performance

By Lu Ya’nan, He Yong and Ji Fang The world’s first Beidou satellites-navigated bullet train was put into service on Dec. 30, 2019, connecting Chinese cities of Beijing...

Economists speak on expectations ahead of MPC meeting

Economic experts on Sunday expressed mixed reactions ahead of the Central Bank of Nigeria (CBN) first Monetary Policy Committee ((MPC) meeting this year to...

Our economy big enough for a bigger capital market – SEC DG

Ms Mary Uduk, the Acting Director-General of the Securities and Exchange Commission (SEC), says the country’s economy is big enough to accommodate a bigger...

FG to boost national economy with methanol production

Dr Ogbonnaya Onu, the Minister of Science and Technology says that the Federal Government is to commence methanol production to diversify the economy and...

TCN confirms collapse of national grid

The national grid on Thursday experienced its first collapse in 2020 resulting in blackout across the country. The Transmission Company of Nigeria (TCN) confirmed the...

Finance Act: MAN DG seeks transitional guidelines for smooth conversion

The Manufacturers Association of Nigeria (MAN) has called for transitional guidelines that would ensure smooth conversion from the pre-Finance Act laws to the changes...

Maritime key to economic development – Dangote

The President of Dangote Group of Companies, Alhaji Aliko Dangote, on Thursday identified the maritime industry as key in the efforts to restimulate the...

VAT implementation takes effect Feb. 1– finance minister

Mrs Zainab Ahmed, the Minister of Finance, Budget and National Planning says the implementation of Value Added Tax (VAT) increase from five per cent...

FAAC: FG, states, LGs share N716.2bn for month of December

The Federation Accounts Allocation Committee (FAAC) has shared N716.298 billion to the three tiers of government for the month of December 2019. The Permanent Secretary,...

China, Myanmar to sign agreements

Liu Yin, chairman of the Myanmar-China Entrepreneur Association (Photo: Courtesy of Myanmar-China Entrepreneur Association). By Li Xuanmin and Xie Jun President Xi Jinping’s scheduled state visit...

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