Money

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NESG-Stanbic IBTC Business Confidence Monitor: Easing Macroeconomic Pressures and Favorable Business Climate

The Business Confidence Monitor (BCM) is the flagship survey-based report of the Nigerian Economic Summit Group (NESG), supported by Stanbic IBTC. The report obtains...

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CBN Clarifies NRBVN Charges for Nigerians in Diaspora, Reaffirms Commitment To Financial Inclusion

The Central Bank of Nigeria (CBN), on Monday clarified recent speculations regarding charges related to the newly launched Non-Resident Bank Verification Number (NRBVN)platform,...

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AMCON Announces Sale Of Ibadan DisCo For N100bn

The Federal government of Nigeria,  through the Asset Management Corporation of Nigeria, AMCON, has announced the sale of the Ibadan Electricity Distribution Company,(IBEDC),...

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IMF Commends CBN’s Strong Monetary Policy Amid Signs Of Recovery

The International Monetary Fund,(IMF), on Wednesday applauded the Central Bank of Nigeria, CBN, for maintaining a tight monetary policy. The fund also hailed...

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FG Gives States, FCT N1.6 trillion For Infrastructure, Security Projects

Official records from the Office of the Accountant-General of the Federation have revealed that state governments and the Federal Capital Territory received  N1.6tn...

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To Boost Revenue, FG Targets 18% tax-to-GDP Ratio In Three Years– Oyedele

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele has disclosed that the Federal Government  will aggressively  increase...

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Tinubu Signs New Tax Laws, Says It’s The Way Forward For Nigeria’s Prosperity

President Bola Tinubu on Thursday, 26 June, 2025 signed into law the four new tax bills recently passed by the National Assembly, describing...

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Afreximbank Mobilises Over $250bn into Africa in 32 years, Says Bank President

The President and Chairman of the Board of Directors, Afreximbank Benedict Oramah,  has disclosed that  the bank has mobilized over $250 billion into...