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Economy
FAAC Shares N1.143trillion May Revenue To FG, States, LGs
A total sum of N1,143.210 billion May 2024 Federation Accounts Revenue has been shared to the Federal Government, States and...
Nigeria’s Current Account Balance Increases By $1.43bln – IMF
Nigeria’s current account balance has experienced a surplus of $1.432bn in 2024, according to a report by the International Monetary...
CBN Revokes Operating Licence Of Heritage Bank Plc
The Central Bank of Nigeria (CBN), has revoked the operating licence of the Heritage Bank PLC. The apex bank announced...
TDF Faults Obasanjo’s Appraisal Of Tinubu’s Economic Policies
A political group, The Democratic Forum (TDF) has faulted former President Olusegun Obasanjo's comment on the implementation of President Bola...
Tinubu To Reduce Taxes From 200 To 10, No Plan To Indiscriminately Increase Taxes – TMSG
The Tinubu Media Support Group (TMSG) says there are no signs indicating that President Bola Tinubu administration has been increasing...
Lagos Attracts N50 billion Investments In One Year – Commissioner
Lagos State attracted over N50bllion in investment through Foreign Direct Investment (FDI) and Domestic Direct Investment (DDI) in the last...
CBN Raises Interest Rate To 26.25pct From 24.75pct
The Monetary Policy Committee of the Central Bank of Nigeria has again raised the benchmark interest rate by 150 basis...
Dangote Cement, Kogi Govt Agree To Strengthen Relationship
Kogi State government and the Dangote Cement Plc, Obajana Plant have agreed to fortify their relationship in the interest of...
At AFRICA CEO FORUM, Dangote Calls For More Investments To Propel Africa’s Economic Growth
President of the Pan-African Conglomerate, Dangote Industries Limited (DIL), Aliko Dangote has called for increased investments in the African continent...
FG , States, LGs Share N1.208 trillion April Revenue
The Federation Accounts Allocation Committee (FAAC) has shared N1,208.081 billion April 2024 Revenue among the Federal Government, States and Local...
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