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finance

Save Towards Your Goals With REAP

When you are saving towards a particular goal, it may be difficult to be responsible with funds. Whether you are planning a dream wedding; a family vacation in December; or just looking to put away funds so that when next term rolls around, sourcing your kids’ school fees won’t be as stressful; Rosabon Earning Plan (REAP) is …

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OUR SOCIAL MEDIA WEEK RECAP

To the communications department, the just concluded Social Media Week, SMW Lagos – Reimagining Human Connectivity was a very exciting experience. For some of us – Kehinde, Robert and Folake, it was a continuation of last year’s learning, while for the newbies – Azeez and Sarah, it was an eye opener. Thank God for SMW …

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FG To boost Agric earnings

With substantial boost in production of many agricultural produce and traders from central and North African countries flooding Nigeria to import commodities, the Federal Government (FG) is moving to maximize its advantage by resuscitating the moribund Nigeria Commodities Exchange (NCX). Since the abolition of marketing boards by the Babangida administration, there has not been any …

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Shell battles Nigerian communities in high-stakes London lawsuit

A court in London will decide in coming weeks whether Royal Dutch Shell can face trial in the UK over oil spill allegations in Nigeria, a decision some legal experts predict could attract more cases against multinationals in Britain. The High Court will judge whether members from two communities, Bille and Ogale in Nigeria’s oil-rich …

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Unremitted N450bn: FG issues new guideline for calculating surplus

The Federal Government, in a bid to check the high level of under-remittance of funds by revenue-collection agencies, has issued fresh guidelines for the computation of operating surpluses. The new guideline that will guide the preparation of the agencies’ financial statements for the next three years covering up to 2019 is contained in a circular …

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Inflation rate may hit 20% in first quarter —Experts

Economic and financial experts have said that the country’s inflation rate may rise further to 20 per cent during the first quarter of this year from the current 18.4 per cent. They, however, said the inflation rate was expected to reduce significantly as the fiscal and monetary authorities would begin to implement certain policies to …

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Stock market rebounds as investors net N468bn in 3 weeks

Investors on the Nigerian Stock Exchange, NSE, have gained N468 billion in three weeks, as the positive run in the stock market continued last week. This sharply contracts the N660 billion loss suffered by investors last month on the NSE. Data  from the NSE showed that  market capitalization, which represents total value of  all listed …

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Approve NCC’s Data price floor- MTN urges senate

The Chief Executive Officer of MTN Nigeria, Ferdinand Moolman last week appealed to the senate to consider the Data price floor as set by the Nigerian Communications Commission, NCC, saying that data price is among the lowest in the continent. Moolman who made presentations in Abuja, at the Senate hearing on Data price floor, also …

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