By our reporter/ The monetary policy committee of the Central Bank of Nigeria (CBN) on Friday voted to maintain the monetary policy rate (MPR), which measures interest rate, at 11.5…
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Category: Business
FG promises to restore Twitter services soon
By our reporter/ The Federal Government on Wednesday pledged to restore Twitter services in the country. Minister of Information and Culture, Lai Mohammed, who made the disclosure while briefing State…
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UBA’s Half-year Profit Grows By 33% to N76.2 Billion
*Declares 20k per share interim dividend Africa’s leading financial institution, the United Bank for Africa (UBA) Plc has announced its audited half year financial results for the half year…
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Buhari asks national assembly to approve fresh $4bn, €710m loan
President Muhammadu Buhari on Tuesday asked the national assembly to approve the sums, $4, 054,476,863 and €710 million in an addendum to the 2018-2020 borrowing plan. The president also asked…
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Sanwo-Olu signs bill on VAT collection into law
By our reporter/ Lagos state governor, Babajide Sanwo-Olu, on Friday signed into law the bill seeking to empower the state to collect value-added tax (VAT). The commissioner for information and…
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