Nigeria Slums Into Recession As Economy Contracts Again

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Nigeria’s economy has slumped into recession as the nation’s Gross Domestic Product (GDP) contracted by -3.63 per cent in the third quarter...

Credit tribunal to help banks recover loans as Buhari assents 2020 BOFIA

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President Muhammad Buhari has signed the 2020 Banks and Other Financial Institutions Act into law. According to a statement...

Bill Gates Pledges $70m To Ensure Entire World Gets COVID-19 Vaccine

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Bill and Melinda Gates have pledged to donate an additional $70m to ensure that everyone around the world had access to the...

N75bn Youth Fund beneficiaries to get N250,000 – N5m, says minister

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The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, said on Saturday that between N250,00 to N5m would be accessible...

Survival Fund: Nigerian govt announces new website

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The Federal Government has announced a new portal for the Macro, Small and Medium Enterprises (MSMEs) Survival Fund and Guaranteed off-take Stimulus...

FG, States, others share N5.3trn in 8 months

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The Federal Government, 36 states and the 774 local governments of the federation as well revenue generating agencies of the Federal Government...

JUST IN: FG apologises for asking all bank, other account holders to re-register

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The Federal Government has apologised for asking all account holders in the country’s financial institutions to register their details again.

FG, states, LGs shared N3.88tn in six months – NEITI

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The Federation Accounts Allocation Committee shared N3.88tn to the Federal Government, states, Local Governments and other statutory recipients in the first half...

Nigeria’s Revenue Has Fallen By Over 60% Due To Coronavirus – President Buhari

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President Buhari has raised an alarm over the decline in the country’s revenue amid the Coronavirus pandemic. Vice President...

Recession hits Australia for first time in almost 30 years

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Australia has officially fallen into its first recession in 29 years with the biggest fall in Gross Domestic Product (GDP) on record.

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OPINION: Why Nigeria Will Not Too Quickly Forget Former Governor Balarabe Musa (1936-2020 –...

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No doubt, the year 2020 has sneakingly earned for itself, with little dispute, the appellation “annus horribillis,” for quite depressing reasons. As...

CBN approves withdrawals of dollars to save naira

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The Central Bank of Nigeria (CBN) has announced the amendment of procedures for receipt of diaspora remittances in an apparent and frantic...

President Buhari Appoints Imaan Imaan Sulaiman-Ibrahim as DG NAPTIP

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President Muhammadu Buhari has approved the appointment of Imaan Sulaiman-Ibrahim as the new Director-General of the National Agency for the Prohibition of...
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