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Naira Weakens Further, Exchanges N1,450/$ at Parallel Market The naira weakens further against dollar at the black market, also known as the parallel market on Thursday exchanging at ?1,450 per USD. Recent data from Bur

FG to Initiate Fresh Audit of N2.7tn Subsidy Debt against NNPCLs Claim The Federal Government is set to commence a fresh audit of the N2.8tn fuel subsidy claim by the Nigerian National Petroleum Company Limited. An audi

Airtel Incurs $1.7 billion FX Loss over Currency Fall in Nigeria, Malawi Nigerias second largest telecom company, Airtel Africa, has reported significant financial setbacks as a result of currency devaluations in several of its

Nigeria Air: Sirika, Daughter Arrives Court over Alleged N2.7bn Fraud Former Minister of Aviation, Hadi Sirika, alongside his daughter, Fatima have arrived at the Federal High Court in the Federal Capital Territory, Abuja where

WBank Says Cash Transfer Scheme Shows Low Impact on Households The World Bank says the conditional cash transfer scheme of the Federal Government had little impact on household consumption, financial inclusion or employment of b

VAT Removal on Food, Export Services, others to Enhance Economic Growth - Tax Panel The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has revealed that his committee will be proposing th

Registration Deadline: CAC Charges Police to go after Illegal PoS Operators The Federal Government has said mandatory registration of Point-of-Sales operators nationwide will reduce kidnapping and help security agencies arrest r

Bwala Defends Cybersecurity Levy Daniel Bwala, the former spokesman for the defunct Atiku-Okowa Presidential Campaign Council, has stated that Nigerians need to adjust to the current economic realities in the country. N

TUC President Threatens To Shutdown Economy Over Cybersecurity Levy Festus Osifo, the President of the Trade Union Congress of Nigeria (TUC), has rejected the cybersecurity levy (CSL) imposed on Nigerians by the federal governme