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Nigeria’s Debt to GDP Ratio Drops to 18.99% – DMO
The Debt Management Office (DMO) has disclosed that the debt stock to Gross Domestic Product (GDP) of Nigeria reduced to 18.99…
NNPC dollar payments to federation account dip by 30.50%
The Nigerian National Petroleum Corporation (NNPC) said it recorded a total export sale of $232.87 million in August 2019,…
FG stops capital releases for 2019 budget
The Federal Government has halted further releases for 2019 capital projects to prepare for the implementation of the 2020 budget…
Shareholders Approve Change of Forte Oil to Ardova Plc
Shareholders of Forte Oil Plc have authorised the board of directors of the local oil company to change the brand name to a new…
We Won’t Spare Any Stockbroker Involved in Fraud—NSE
Chief executive officer of the Nigerian Stock Exchange (NSE), Mr Oscar Onyema, has urged the newly inducted 27 stockbrokers to…
FIRS begins nationwide crackdown on tax defaulters
Nigeria’s Federal Inland Revenue Service (FIRS) is set to begin massive crackdown on tax defaulters nationwide on Wednesday.
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Buhari signs 2020 appropriation bill into law
Nigeria’s President, Muhammadu Buhari on Tuesday signed the 2020 appropriation bill of N10.59 trillion into law.
At the budget…
Inflation rises by 11.85% in November — NBS
The National Bureau of Statistics (NBS) said inflation increased by 11.85 per cent year on year in November 2019.
The NBS made…
Naira Loses 5 Kobo Against Dollar at Interbank on Monday
The Naira depreciated against the US Dollar at the official window of the Central Bank of Nigeria (CBN), otherwise known as the…
Border closure not breaching free trade agreement – FG
The Minister of Agriculture and Rural Development, Sabo Nanono, says the Federal Government’s closure of the Nigerian border does…