BUSINESS
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FG Signs $3.9bn Contract With Chinese Company For New Rail Line
The Federal Government has signed a $3.9bn contract with the China Railway Construction Corporation Limited for the construction of a…
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Why CAC Delists Over 40,000 Registered Companies in Nigeria
In the last two years, Corporate Affairs Commission (CAC) have delisted over 40,000 names of registered companies from the nation’s…
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Afreximbank To List on London Stock Exchange
The African Export-Import Bank (Afreximbank) has declared its intention to list on the London Stock Exchange (LSE). According to a statement…
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England unveils new £20 banknote with artist Turner’s image
The Bank of England launched a new 20 pound banknote on Thursday with British painter J.M.W. Turner as the new…
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UAE Boost Power Distribution in Lagos With 300 Megawatts Energy Plant
In a bid to enhance the distribution of electricity in Nigeria's centre of excellence, Lagos, the United Arab Emirates (UAE)…
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UN in Deep Financial Crisis As Nigeria, Others Fail To Pay Dues
Staff of the United Nations (UN) might not get paid at the end of next month due to the failure…
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World Bank Explains Why Africa May Witness 90% of World’s Poverty By 2030
Africa could be home to 90% of the world’s poor by 2030 as governments across the continent have little fiscal…
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VAT Increase Will Boost Nigeria’s Declining Oil Revenue, Says IMF
Amine Mati, a senior resident representative with the International Monetary Fund (IMF) and mission chief for Nigeria, has said that…
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Three Branches of Access Bank Sealed Off
The Kaduna State Internal Revenue Service (KDIRS) has sealed off three branches of Access Bank in Kaduna metropolis over non-remittance…
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See The Food Items Exempted from VAT In 2020 Budget by FG
10 food items have been exempted from the proposed Value Added Tax according to the 2020 Appropriation Bill submitted by…
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