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JUST IN: Emefiele orders banks to dispense old naira notes - Soludo
featured News

BREAKING: DSS arrests Emefiele

The suspended Governor of Central Bank of Nigeria, Godwin Emefiele, has been arrested by the Department of State Services, according to Daily Post.   PUNCH Metro had reported that Emefiele was earlier suspended on Friday by President Bola Tinubu.   Tinubu also appointed Mr Folashodun Adebisi Shonubi as the acting Governor of Central Bank of […]

How Yobe LGs spent N299m on projects one year
News

How Yobe LGs spent N299m on projects one year

The local governments of Nangere, Fika, and Potiskum in Yobe announced on Friday that they have invested more than N299.1 million in various development projects between 2022 and 2023. According to the News Agency of Nigeria, the chairman of the Nangere Council, Alhaji Salisu Yerima, revealed that N99.8 million was spent on initiatives in Nangere while […]

NGO signs MoU to train over 200 Nigerian youths
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NGO signs MoU to train over 200 Nigerian youths

The Genoa and Genova consultant training institute and the Initiative for Youth Awareness on Migration, Immigration Development, and Reintegration have signed a Memorandum of Understanding to provide Nigerian adolescents with career training. The Punch reported that the group’s goal is to provide Nigerian youth with more practical skills so they can help the country’s economy grow in […]

NCC dismisses rumors of telecom tariff increase
featured Telecommunications

Phone users hit 233m, add 2.5trn to GDP – NCC

The National Communications Commission has stated that as of April 2023, there were 223.8 million mobile phone customers in Nigeria, and in the first quarter of 2023, telecommunications and ICT services contributed N2.508 trillion to the country’s GDP. According to Nairametrics, the NCC’s director of public affairs, Reuben Muoka, revealed this in a statement on Tuesday. […]

FIRS announces new TAXPR-MAX platform for CbCR
News

FIRS, LIRS partner to promote tax compliance

A Memorandum of Understanding has been signed by the Federal Inland Revenue Service and the Lagos Internal Revenue Service to create the Joint FIRS and LIRS Audit and Investigation Team, which will promote information sharing between the two organizations. According to Vanguard, the general public, taxpayers, and tax professionals are enjoined in the communique signed by the Executive […]

Why technology is essential to overcoming Nigeria's manufacturing issues - NGCC
News

Why technology is essential to overcoming Nigeria’s manufacturing issues – NGCC

Manufacturers in Nigeria would need to adopt the most recent technologies, according to the Director-General of the Nigerian German Chamber of Commerce,  Marilyn Rapu, to address some of the issues the sector is now facing. Nairametrics reported that Rapu said this on the sidelines of a meeting in Lagos between representatives of German IT businesses and […]

Petroleum marketers demand lower fees, taxes
News

Petroleum marketers demand lower fees, taxes

The Depots and Petroleum Products Marketers Association of Nigeria has asked President Tinubu to eliminate, reduce, or suspend certain charges and levies until market stability is achieved. Nairametrics reported that this was stated by the Association during a meeting with the president on June 7. The president was given some expectations by the association’s chairman, Dame […]

featured

NNPCL to reduce fuel import from August

  The Nigerian National Petroleum Company has revealed that it would cut down on fuel import once the Dangote Refinery starts pumping out refined petroleum products from late July or early August. According to The PUNCH, the national oil firm’s spokesperson, Garba-Deen Muhammad stated this in an exclusive interview. He said, “NNPC Limited is bringing […]

Lafarge Africa appoints Alade-Akinyemi GMD/CEO
Appointments

Lafarge Africa appoints Alade-Akinyemi GMD/CEO

The appointment of Mr. Lolu Alade-Akinyemi as the Group Managing Director/Chief Executive Officer of the Company with effect from July 1, 2023, has been made public by the Board of Directors of Lafarge Africa Plc. Nairametrics reported that the position was filled in response to Mr. Khaled El-Dokani’s departure as the Company’s Group Managing Director/Chief Executive […]

Nigeria has best return on investments, Tinubu tells Indian investors
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Tinubu meets oil marketers over subsidy removal

Juliet Buna President Bola Tinubu is meeting with major oil marketers at the Aso Rock Villa in Abuja. According to Channels, the oil marketers were led by Governor Dapo Abiodun of Ogun State. The President’s meeting with the oil marketers comes amid the controversy and protests trailing the removal of subsidy on Premium Motor Spirit […]

Wadada resigns as PAN Nigeria board chair
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Wadada resigns as PAN Nigeria board chair

The Senator-elect for Nasarawa West Senatorial District, Ahmed Wadada, has resigned as Chairman of the Board of Directors of PAN Nigeria Ltd. The News Agency of Nigeria reported that this information was provided to newsmen on Wednesday in Abuja in a letter that was sent to the company’s board of directors by the acting managing […]

How to buy shares in Nigeria 
Business

How to buy shares in Nigeria 

A share is used to describe part ownership of a company and to become a shareholder or a part owner of that company – you are buying a portion of the company’s assets and profits. The value of your shares can either go up or down as it is usually affected by the company’s performance, […]

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