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IMF raises Nigeria’s 2021 growth forecast from 2.5% to 2.6%

    IMF raises Nigeria’s 2021 growth forecast from 2.5% to 2.6%

The International Monetary Fund (IMF) says Nigeria’s economy will grow by 2.6 percent in 2021, up from 2.5 percent earlier projected.  The Washington-based institution disclosed this on Tuesday in its World Economic Outlook

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Nami: FIRS generated N4.2 trillion in first nine months of 2021

    Nami: FIRS generated N4.2 trillion in first nine months of 2021

Muhammad Nami, executive chairman of the Federal Inland Revenue Services (FIRS), says the agency generated revenues worth N4.2 trillion in the first nine months of this year. The senate had

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CBN seeks to bar BVN violators from banking services

    CBN seeks to bar BVN violators from banking services

The Central Bank of Nigeria (CBN) has issued a revised regulatory framework for bank verification number (BVN) operations and watchlist for the Nigerian banking industry. The apex bank, on Tuesday,

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Okonjo-Iweala: Nigeria’s high trade costs making life difficult for businesses

    Okonjo-Iweala: Nigeria’s high trade costs making life difficult for businesses

Ngozi Okonjo-Iweala, director-general of the World Trade Organization (WTO), says Nigeria’s trade cost is too high and needs to be cut down to facilitate local and international investment. Okonjo-Iweala stated

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Laolu Akande: Osinbajo NOT calling for naira devaluation — but increase in forex supply

    Laolu Akande: Osinbajo NOT calling for naira devaluation — but increase in forex supply

Laolu Akande, spokesperson to Vice-President Yemi Osinbajo, says his principal did not call for the devaluation of the naira. On

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Customs threatens to impound 29 private jets over failure to pay import duties

    Customs threatens to impound 29 private jets over failure to pay import duties

The Nigeria Customs Service (NCS) has threatened to impound 29 private jets on which the owners did not pay statutory

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NGX Group to list 1.96 billion shares by introduction

    NGX Group to list 1.96 billion shares by introduction

The Nigerian Exchange Group Plc says it will list 1,964,115,918 shares by introduction on the main board of the Nigerian

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Datastream launches platform for Nigerians to settle digital and lifestyle payments

    Datastream launches platform for Nigerians to settle digital and lifestyle payments

Datastream, a fintech startup, says it has launched a digital payment solution to provide a seamless and unique option for Nigerians

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Access Bank acquires majority stake in BancABC Botswana — fourth acquisition in 2021

    Access Bank acquires majority stake in BancABC Botswana — fourth acquisition in 2021

Access Bank Plc has completed the acquisition of a majority stake of 78.15 percent in African Banking Corporation of Botswana

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AfDB: We’re ready to help design, implement bonds to tackle insecurity in Nigeria

    AfDB: We’re ready to help design, implement bonds to tackle insecurity in Nigeria

The African Development Bank (AfDB) says it is ready to assist Nigeria in the design and implementation of security-indexed investment

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