Sunday, May 19, 2024
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Economy

Gboyega Isiaka Advocates Caution in Reintroduction of Capital Gain Tax to Boost Capital Market Securities

The Chairman of Edgefield Capital Management Limited, Prince Gboyega Isiaka has advised the Federal Government to exercise caution and reconsider the reintroduction of Capital...

President Buhari seeks fresh borrowing as budget deficit set to hit N7.35trn

President Buhari has written to the House of Representatives seeking an increase in the 2022 budget deficit to be financed through borrowing from the domestic market. In a letter...

Export/import e-invoicing to become operational February 12 – CBN

The Central Bank of Nigeria (CBN) has unveiled guidelines for the e-Valuator and e-Invoice to replace hard copy invoices for both exports and imports. This was conveyed...

Nigeria reclaims top crude oil production spot in Africa – OPEC

Nigeria has reclaimed the top spot among crude oil-producing countries in Africa with the nation producing an average of 1.27 million barrels per day in...

Nigerian Government to end petrol subsidy June 2022 as World Bank condemns N2.9tn funding

“This year, Nigeria is on track to spend N2.9tn on PMS subsidy, which is more than it spends on health” The World Bank has decried...

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