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Naira Strengthens Following CBN Intervention

The naira appreciated massively against the dollar in the foreign exchange market 24 hours after the Federal Bank of Nigeria…

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FG Proposes 30% of TETFund Allocation for Student Loans

The Federal Executive Council is proposing a bill that would see 30 per cent of allocations received by the Tertiary…

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Dangote Refinery: Marketers Plan Direct Petrol Procurement

Oil marketers are seeking to deal directly with the Dangote Petroleum Refinery instead of buying the company’s Premium Motor Spirit,…

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Government to Register and Tax Foreigners Earning Income in Nigeria – Presidency

The Presidency has said that foreigners earning income in Nigeria will henceforth pay taxes under a proposed amendment to the…

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Economist Cautions Against Total Subsidy Removal, Warns of Monopoly Risk in Nigeria

An economist and public affairs analyst, Dr Samson Simon has urged the Federal Government not to heed advice for the…

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Tinubu Orders Crackdown on International Car Theft Syndicates in Nigeria

President Bola Tinubu has assured that Nigeria will continue to work with its international partners to ensure that cyber criminals…

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New Electricity Tariff Hike Imminent as Nigeria’s Monthly Power Subsidy Reaches N181.63bn

Another electricity tariff hike may be introduced in October 2024 by the Nigerian Government as the country’s monthly power subsidy…

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