All posts tagged "featured"

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  Oil prices gain ahead of OPEC meeting

  World oil prices rose this week on concerns that heightened geopolitical tensions could disrupt Middle East supplies despite a market awash with crude. Traders were turning their attention to next week’s OPEC output meeting to see if...

  • Posted November 30, 2015
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  Banks record N2.3tn electronic transactions

  The banking sector recorded a total value of N2.33tn through electronic transaction platforms within the first six months of this year, statistics obtained from the Central Bank of Nigeria have revealed. The figure, which was contained in...

  • Posted November 30, 2015
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  Nigeria ranks low in ease of paying tax index

  Nigeria ranks 181 out of 189 economies covered by a World Bank and the PwC joint survey on the ease of paying taxes. By contrast, the Total Tax Rate for the model company in Nigeria is 33.3...

  • Posted November 29, 2015
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  Multiple regulations, taxes will soon be over – NCC boss

  The Executive Vice Chairman of the Nigerian Communications Commission, Prof. Umar Danbatta, on Friday said that if talks with the Nigeria Governors Forum were anything to go by, multiple regulations, taxes and right of way issues would...

  • Posted November 29, 2015
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  Buhari pledges $1m for Africa’s water infrastructure

  President Muhammadu Buhari on Friday pledged the sum of $1m to the African Water Facility for the development of water infrastructure in Africa. Buhari also stated that the financing requirement for water infrastructure in Africa was estimated...

  • Posted November 29, 2015
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  We won’t condone power system collapse — Fashola

  Henceforth, the Federal Government will not tolerate the poor supply of electricity, unnecessary system collapse and incessant electrocution of Nigerians caused by the usage of substandard materials, the Minister of Power, Works and Housing, Babatunde Fashola, has...

  • Posted November 28, 2015
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  Religious bodies’ ventures must pay taxes — FRC

  The Financial Reporting Council of Nigeria on Thursday said that non-charitable institutions owned by religious bodies would need to pay taxes because they were commercial ventures. The Chief Executive Officer, FRC, Mr. Jim Obazee, said this while...

  • Posted November 28, 2015
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  No bank is distressed – CBN insists

  The Central Bank of Nigeria on Thursday said no Deposit Money Bank in the country was in distress, insisting that they were all adequately capitalised. The CBN’s position came on the heels of a report by an...

  • Posted November 28, 2015
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  Virgin Atlantic: Reps summon ministers over job losses

  The House of Representatives on Thursday summoned the Minister of Labour/Employment, Dr. Chris Ngige, and the Minister of State for Aviation, Mr. Hadi Sirika, over the decision of Virgin Atlantic Airways to lay off its Nigerians crew...

  • Posted November 28, 2015
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  FG to establish N4.98tn infrastructure fund — Adeosun

  The Federal Government plans to set up a $25bn (N4.98tn) fund dedicated to infrastructure investments, the Minister of Finance, Mrs. Kemi Adeosun, has said. She said this on Thursday in Lagos during the inauguration of the Capital...

  • Posted November 28, 2015
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