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Economy
1085 posts
Naira redesign: CBN promises to protect unbanked, underserved Nigerian rural dwellers
The Central Bank of Nigeria (CBN) has restated its commitment to protecting the interest of millions of unbanked…
Global food imports on track to reach all-time high, says FAO
Food import costs globally are projected to reach nearly $2 trillion this year, or higher than previously expected,…
AMCON recovers N307bn loan debts in two years
Vice President Yemi Osinbajo has disclosed that the Asset Management Corporation of Nigeria (AMCON), has recovered a total…
ICAN seeks solutions to rising inflation, brain drain
The Institute of Chartered Accountants of Nigeria (ICAN), yesterday, emphasised the need to address hyper inflationary pressures, brain…
Reps probe MDAs over N600bn extra-budgetary expenditures
Order Accountant-General to identify culprits The House of Representatives’ Public Accounts Committee (PAC), yesterday, commenced a full scale…
FIRS appoints MTN, Airtel, banks to collect VAT from suppliers
The Federal Inland Revenue Service (FIRS), has appointed MTN, Airtel and deposit money banks (DMBs), to withhold value…
Africa Investment Forum draws $31bn in investor interest
This year’s just concluded Africa Investment Forum Market Days—the continent’s premier investment platform—has drawn $31 billion in investment…
Dangote, banks, Sundry Foods commit to economic growth, food Security
Dangote Group, Sundry Food Limited, Access Bank Corporation and United Bank for Africa (UBA), have reiterated their commitment…
NAMI urges effective revenue utilisation by African gov’ts
Governments across Africa must begin to rethink governance, engender public confidence and trust in government by providing value…
Africa is open for business, leaders tell investors
African leaders on Wednesday laid out the continent’s vast potential and invited global investors to seize investment opportunities.…