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Lagos Assembly passes VAT, grazing bills

Lagos State Assembly has passed a bill prohibiting open cattle grazing in the state. The lawmakers also passed the State’s…

5 years ago

FCDA threatens to shut Glo offices over N1.3bn debt

The Federal Capital Development Authority (FCDA), in Nigeria’s capital city Abuja, has threatened to seal off all Globacom Nigeria Limited…

5 years ago

Nigerian equities market ranked best investment asset class against inflation

Equities have been ranked as the best investment asset class to hedge against inflation from August 2020 to August 2021.…

5 years ago

AfDB, others partner Nigeria on Special Agro-industrial Processing Zones Programme

The African Development Bank Group, the International Fund for Agricultural Development (IFAD) and the Islamic Development Bank (IsDB) will be…

5 years ago

NLC threatens nationwide strike over electricity tariff hike

The Nigeria Labour Congress (NLC) has threatened to embark on a nationwide industrial action if an increment in electricity tariff…

5 years ago

Forex: CBN instructs banks to name and shame defaulters

The Central Bank of Nigeria (CBN) has mandated all banks to name and shame defaulters of its foreign exchange policy…

5 years ago

G-20 reiterates commitment to securing Africa’s recovery from COVID-19

Participants of a G-20 Compact with Africa meeting have reaffirmed commitment to securing Africa’s recovery from the COVID-19 pandemic through…

5 years ago

Banks loan-to-deposit ratio still below regulatory threshold

The average loan-to-deposit ratio of the Nigerian banking industry is still below the 65% regulatory benchmark set by the Central…

5 years ago

Investors in Nigerian equity market lose N5m

Investors in the Nigerian Exchange (NGX) lost N5 million following market capitalization dipped by that amount after gaining N13 billion…

5 years ago

MTN Nigeria to invest N600bn in network infrastructure over 3 years

MTN Nigeria, the country’s largest telecom company by revenue and customer base, says it will invest the sum of N600…

5 years ago

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