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Adeosun: Luxury tax will commence soon — rich people must bear the burden

    Adeosun: Luxury tax will commence soon — rich people must bear the burden

Kemi Adeosun, minister of finance, says the federal government will soon start collecting luxury taxes. Addressing journalists at the annual meetings of the World Bank and International Monetary Fund (IMF)

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Nigerians need to tolerate more debts, says Adeosun

    Nigerians need to tolerate more debts, says Adeosun

Kemi Adeosun, minister of finance, says Nigerians need to tolerate more debts to allow the Muhammadu Buhari-led administration deliver on its plans for the country. The minister made this statement

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The lies we must NOT tell now that we are out of recession

    The lies we must NOT tell now that we are out of recession

Finally, after five painful quarters in the red zone, the Nigerian economy eventually inched its way out of recession, expanding by 0.55 percent year-on-year in the second quarter of 2017.

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Falling inflation rate ‘won’t change’ CBN’s monetary policy

    Falling inflation rate ‘won’t change’ CBN’s monetary policy

Jameel Ahmad,  FXTM vice-president of market research, says the fall in inflation rate recorded in Nigeria will not change the decision of the Central Bank of Nigeria (CBN) monetary policy committee

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Emefiele: We can only do little with current monetary policy

  Emefiele: We can only do little with current monetary policy

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN) says little can be done to tackle the current economic

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Nigeria down to two exchange rates — ‘naira devaluation needed to make it one’

  Nigeria down to two exchange rates — ‘naira devaluation needed to make it one’

Nigeria is finally down to what seems likes just two exchange rates; one is the official central bank rate of

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NSE bleeds, sheds N435bn

  NSE bleeds, sheds N435bn

For the second consecutive day, the Nigerian Stock Exchange (NSE) closed in the negative losing N435 billion after an initial loss

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NSE halts upward trend, loses N14bn

  NSE halts upward trend, loses N14bn

The Nigerian Stock Exchange (NSE) closed on a negative note on Thursday, losing N14 billion, a reversal from the upward

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No more withdrawals from Jan 1, CBN tells microfinance bank customers without BVN

  No more withdrawals from Jan 1, CBN tells microfinance bank customers without BVN

The Central Bank of Nigeria says from January 1, customers of microfinance banks and other financial institutions (OFIs) without the

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With $462m, CBN committed to NAFEX, BDC rate convergence

  With $462m, CBN committed to NAFEX, BDC rate convergence

The Central Bank of Nigeria (CBN) says it  remains committed to the convergence of rates between the bureau de change

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