Economy & Market
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81Removal of Fuel Subsidy, FX Reforms Have Strengthened, Redirected Public Resources’
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has declared that the removal of fuel subsidies and foreign-exchange reforms...
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103Reps Probe Tax Deductions, Multiple Bank Charges
The House of Representatives on Thursday inaugurated an Ad-hoc Committee to investigate the deduction of taxes and sundry charges from the earnings...
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218Nigerians Lose ₦316b to Ponzi Schemes –SEC
The Securities and Exchange Commission has said Nigerians have lost about N316bn to Ponzi schemes and illegal fund managers over the years,...
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68Bears Tighten Grip on the Bourse as ASI Down 0.4%
EQUITIES Bearish sentiment persisted in the domestic equities market, as sell pressures on TRANSCORPP (-2.2%), WAPCO (-1.8%), ARADEL (-2.3%) and GTCO (-1.5%)...
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78No New Tax, Just Compliance –FIRS Explains 10% Levy on Treasury Bills
This clarification follows public reactions to a recent directive instructing banks, stockbrokers, and other financial institutions to deduct 10 per cent withholding...
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153Stock Market on a Downward Spiral as ASI Down 0.7%
EQUITIES The bears continued to dominate the local bourse, with the NGX ASI closing lower for the third consecutive trading session. Today’s...
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171CBN Dismisses Reports of FX Abuse in Oil Sector
The Central Bank of Nigeria (CBN) has dismissed recent media reports suggesting the misapplication of foreign exchange (forex) in the oil and...
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161Bears Hold Sway as ASI Down 0.1%
EQUITIES The domestic equities market closed today’s session on a negative note as sell pressures on ZENITHBANK (-3.2%), WAPCO (-1.7%), UBA (-1.5%)...
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180FIRS: Reforms Reshaped Tax Ecosystem
The tax reforms leading to amendments to the tax laws including the Finance Acts, the Petroleum Industry Act, and various subsidiary legislations,...
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150FATF Delisting to Boost Foreign Investments in Nigeria –Agama
The Director-General of the Securities and Exchange Commission, Emomotimi Agama, has hailed Nigeria’s removal from the Financial Action Task Force grey list,...
