All posts tagged "featured"

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  Recession: FG plans tax relief for manufacturers

  The Federal Government, in a bid to ease the burden of the current economic recession on the manufacturing sector, is planning some form of tax relief for the sector. The Minister of Finance, Mrs. Kemi Adeosun, dropped...

  • Posted November 25, 2016
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  Cargo examination: Regulators, operators blame corrupt importers

  Regulatory agents and terminal operators have blamed corrupt practices by importers for their presence and high level of physical examination of cargo at the nation’s seaports. Multiple agencies and physical cargo examinations waste time and are reportedly...

  • Posted November 25, 2016
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  Senate condemns 2017 draft budget, says assumptions unrealistic

  The 2017-2019 Medium Term Expenditure Framework and Fiscal Strategy Paper sent to the National Assembly by President Muhammadu Buhari for legislative approval narrowly escaped being rejected again at the Senate on Wednesday. The upper chamber of the...

  • Posted November 25, 2016
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  NSE ends eight-day loss, 19 stocks gain

  Trading on the floor of the Nigerian Stock Exchange ended on a positive note on Wednesday as 19 stocks recorded gains with market capitalisation appreciating by N20bn. The NSE All-Share Index snapped its eight-day losing streak as...

  • Posted November 25, 2016
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  FIRS explains tax waivers on penalties

  The Federal Inland Revenue Service (FIRS) yesterday explained that its recent decision to grant tax waivers on penalty and interest was part of the federal government efforts to improve the ease of doing business among micro, small...

  • Posted November 24, 2016
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  NSE index falls to 7-month low on continuing bear run

  The Nigerian equities market yesterday extended losses for the eight consecutive trading, driving the Nigerian Stock Exchange (NSE) All-Share Index to a 7-month low. The NSE ASI fell by 0.15 per cent to close at 25,461.34, increasing...

  • Posted November 24, 2016
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  Cash call: Nigeria gets $1.7bn discount from IOCs

  International oil companies operating in the country have discounted $1.7bn off Nigeria’s $6.8bn cash call Joint Venture debts that accrued over the past six years, the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said....

  • Posted November 24, 2016
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  FG vows to name, shame substandard goods’ exporters

  The Federal Government on Tuesday stated that it would start naming and shaming individuals and agencies involved in the exportation of substandard agricultural produce and other non-oil commodities. It stated that the activities of such persons had...

  • Posted November 24, 2016
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  Buhari’s economic policies need review – Utomi, Rewane, dons

  Some notable economists on Tuesday urged the President Muhammadu-led administration to review, as a matter of urgency, its economies policies or risk further decline in the economic fortunes of the country. They insisted that the current economic...

  • Posted November 24, 2016
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  FG’s huge debts crippling financial system – CBN

  The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday called on the Federal Government to urgently evaluate the level of its domestic indebtedness and develop a framework for settling these debts. The committee, in...

  • Posted November 24, 2016
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