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/Nnenna Mary

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So far has created 18 blog entries.

Inflation To Persist Soaring in 2018

By |March 2nd, 2018|

Managing Director, Financial Derivatives Company, FDC, Mr. Bismark Rewane in a Stanbic IBTC Group’s West Africa Investors’ Conference 2018 in Lagos, disclosed that inflation in the nation is likely to stay high in 2018 – 2019 in the midst of cash change and decision spending.  Noting that inflationary weight will proceed as decision gets nearer. […]

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Foreign Investment Appreciates By 138.7%

By |March 2nd, 2018|

The aggregate capital importation into the nation, containing both Foreign Direct Investments (FDI) and Foreign Portfolio Investments (FPI), tremendously increased in 2017, surging by 138.7 percent year-on-year to $12.2 billion from $5.1 billion recorded in 2016, a pointer to the taking off certainty of outside financial specialists in the Nigerian economy.

National Bureau of Statistics, NBS, […]

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FIRS Urges Political Groups to Reveal Tax Schema

By |February 27th, 2018|

The Federal Inland Revenue Service has requested that all political parties to exhibit their expense motivation previously and amid battles for the 2019 elections. The Chairman, FIRS, Mr. Babatunde Fowler, the center command of the office is to uphold the installment of assessments by people, corporate associations and government foundations.

 

At the dispatch of the Andersen Tax […]

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FG To Enforce Minimum Wage In Third Quarter

By |February 27th, 2018|

The Minister of Labor and Employment, Chris Ngige unveiled that a memoranda was gotten underlining that national the lowest pay permitted by law ought to begin in the third quarter of this current year.

The Federal Government not long ago had said it would set up a supplementary spending plan to deal with laborers’ interest for […]

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Business Analyst Prompts FG On World Bank’s $486m Credit

By |February 26th, 2018|

The financial specialist and the Group Managing Director of TL First Group, Dr. Olu Olasode.revealed that the Federal Government of Nigeria has been approached to reasonably use the $486m finance affirmed by the World Bank.

Olasode stated that the credit which was allowed to restore and redesign the Nigerian power transmission substations and lines, is an […]

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GTB,UBA and Other Banks To Pay Profit — Analysts

By |February 26th, 2018|

A worldwide research firm, SBG Securities Limited of South Africa, says in regards to nine business banks in Nigeria will have the capacity to pay profits this year in spite of the new arrangement change issued by the Central Bank of Nigeria as of late.

The banks are Guaranty Trust Bank Plc, United Bank for Africa […]

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Telecommunications Threaten Over N60bn Interconnect Debt

By |February 26th, 2018|

The Nigerian media communications industry is as of now by gigantic interconnect obligation.Everest amaefule  confirmed the figure is put at N60bn.

An enormous interconnect obligation esteemed at more than N60bn is undermining the country’s media communications industry, examination has uncovered.

Interconnect obligation comes about when an administrator neglects to settle the cost of end of administration rendered […]

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Nigeria, SSA Nations’ Obligations Appreciates By 550% to $200bn

By |February 21st, 2018|

The aggregate acquired from the universal obligation showcased by Nigeria and different nations in the sub-Saharan African nations has bounced to over $200bn, from $30bn in 2007, information from the Bank for International Settlements have appeared.

This speaks to an expansion of more than 550 for each penny inside the period.Governments crosswise over sub-Saharan Africa including […]

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Adeosun Demands Strict Measures On Multinationals

By |February 20th, 2018|

The Minister of Finance, Mrs. Kemi Adeosun requested for  serious endorsements against multinational associations possessed with unlawful cash related streams and expense shirking.

Adeosun noted that there was a need to amass charge demonstrations of disregard on multinational associations in Nigeria and other making countries as deteriorate rehearses.Additionally,there was a need to arrange force demonstrations of […]

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Nigeria To Earn $40bn in 5 Years_Ibe Kachikwu

By |February 20th, 2018|

The Minister of State Petroleum Resources Emmanuel Ibe Kachikwu disclosed that Nigeria anticipates to benefit about $40bn worth of oil interests in the next five years. The nation’s refineries delvers at 14 for each penny limit, focusing on that oil firms working in the country would not be permitted to dispatch out all the unrefined they create […]

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