Business and Economy
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VAT: Orbih tells South South Govs to embrace law, use proceeds for grassroots development
By Deborah Coker Benin, Sept. 11, 2021 The Peoples Democratic Party (PDP) National Vice Chairman, South South, Chief Dan Orbih,…
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Onyema joins Board of World Federation of Exchanges
By Itohan Abara-Laserian Lagos, Sept. 10, 2021 The World Federation of Exchanges (WFE) has elected Mr. Oscar Onyema, the Group…
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On the Value Added Tax (VAT) controversy and fiscal federalism in Nigeria By Professor Okechukwu Edward Okeke
The judgement of the Federal High Court in Port Harcourt on this matter was not a policy decision by the…
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Sanwo-Olu signs VAT Bill into law
Lagos State Governor Babajide Sanwo-Olu has signed into law the State VAT Bill as passed by the House of Assembly.…
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Capacity building: NSITF rolls out new plans, strategies for staff
The management of Nigeria Social Insurance Trustfund (NSITF) has revealed plans to review its training structure for more effective and…
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EFCC cautions banks against forex malpractices
The Commander of the Uyo Zonal Command of the Economic and Financial Crimes Commission, EFCC, ACE-1 Nwanneka Nwokike has warned…
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NNPC consolidates on gains, publishes 2020 Audited Financial Statements
Following up on President Muhammadu Buhari’s recent announcement of the declaration of two hundred and eighty seven billion Naira (N287bn)…
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At Cambridge, Bawa advocates global action against financial crimes
The Chairman of the Economic and Financial Crimes Commission, EFCC, Abdulrasheed Bawa, has advocated collective and collaborative approach by…
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Stanbic IBTC PBT drops 52.85% in 6-month results
By Itohan Abara-Laserian Lagos, Sept. 6, 2021 Stanbic IBTC Holdings Plc on Monday posted a profit before tax (PBT) of…
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Shell donates multimillion dollar projects to Maritime University
Governor of Delta State, Dr. Ifeanyi Okowa, has described the phase one of infrastructure projects donated to the Nigerian Maritime…
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Scientist says new technique increases shelf life of edible mushrooms from 3 to 10 days
A Bayelsa-based scientist has advocated the use of emerging techniques that increase the shelf life of edible mushrooms to tackle…
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Nigeria’s new Ambassador to Thailand, Oma Djebah, meets Thai industry Chiefs
Nigeria’s new Ambassador to Thailand, Ambassador Oma Djebah and key staff of the Embassy have been holding Business meetings with…
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Construction of Bonny Deep Seaport to commence soon – Amaechi
By Lucy Ogalue Abuja, Sept. 3, 2021 The Minister of Transportation, Mr Rotimi Amaechi, says work will soon commence for the…
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New Revenue Formula: CLO seeks more funds for States, LGAs; Canvasses reduction of allocation to FG
By Dennis Udoma, Uyo Civil Liberties Organisation (CLO), Akwa Ibom State Branch has called for more funds to the 36…
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How Buhari broke the jinx at NNPC By FEMI ADESINA
The news came like a thundering typhoon last week. For the first time in its 44 years history, the Nigerian…
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How price differentials is fueling petrol smuggling – NNPC
The Nigerian National Petroleum Corporation (NNPC) has explained that concerted efforts by the Corporation and some Federal agencies to combat…
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Make more investments to boost economic diversification, Buhari tells new NSIA Board
President Muhammadu Buhari Wednesday in Abuja charged the new board of the Nigeria Sovereign Investment Authority (NSIA) to make more…
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How we recorded biggest economic growth in six years – Buhari
President Muhammadu Buhari, Tuesday in Abuja, said focus on job creation, consistency in policy and innovation stimulated a 5 per…
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Zenith Bank maintains growth momentum in H1 2021 despite monumental headwinds
In a clear demonstration of its resilience, Zenith Bank Plc has announced its audited results for the half-year ended 30…
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Maritime: Piracy decline to end war risk insurance, reduce shipping cost – NIMASA
– As Shippers’ Council calls for improved inter-agency synergy Director General of the Nigerian Maritime Administration and Safety…
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Zenith Bank’s profit grows by 2.6% in 6 months
By Itohan Abara-Laserian Lagos, Aug. 27, 2021 Zenith Bank Plc has posted a profit before tax (PBT) of N117.05 billion…
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NNPC ₦287bn Profit: Kyari explains Facts behind the Figures …As Sylva, Board Members hail Corporation
Following the Presidential applause for the Nigerian National Petroleum Corporation (NNPC) on its posting of ₦287bn profit after tax in…
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Audit report: N287bn profit huge, no losses declared – kyari
By Edith Ike-Eboh Abuja, Aug 26, 2021 The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC) Malam…
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President Buhari lauds GDP 5.01% growth in Q2 2021
President Buhari has welcomed Thursday’s Q2 2021 report by the Nigerian Bureau of Statistics (NBS), showing a third consecutive quarter…
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Zenith Bank launches ZIVA WhatsApp Banking
Nigeria’s leading financial institution, Zenith Bank Plc, has introduced an Artificial Intelligence (AI) powered Chatbot on WhatsApp named ZIVA (Zenith…
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