Business
Nigeria’s Foreign Reserves Declines by $50m
The Central Bank of Nigeria has revealed that the country's external reserves dropped by $50.84m from $35.75bn as of October...
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FG To Borrow N2.8trn To Partially Service 2021 Budget Deficits
... To Generate N205bn Privatisation Proceeds to Complete Funding The Nigerian government is set to borrow from domestic and foreign...
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Lagos Records Highest IGR for 2020 Q1
Lagos State recorded the highest internally generated revenue (IGR) with N204.51 billion within January and June, the National Bureau of...
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Hundreds of Lagosians To Be Sacked as Chevron Moves to Downsize Staff By 25%
Hundreds of Lagosians working with the oil and gas producing firm, Chevron, are to lose their jobs as the company...
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Goldman Sachs resumes job cuts after halting them during the pandemic
Goldman Sachs is resuming layoffs after pausing them during the coronavirus pandemic. The bank confirmed that it plans to eliminate...
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Nigeria To Conduct Business Census After 22 Years Since Last Count
22 years following the last count, the National Bureau of Statistics (NBS) has announced that it will begin the National...
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Disney to cut 28,000 jobs at US theme parks
Walt Disney has announced it will lay off 28,000 employees, mostly at its US theme parks. Disney cited the parks'...
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Lagos Importers to Pay 5% More On Import Duties as Customs Commences Use of New Exchange Rate
Lagos-based importers are now to pay at least five percent extra on import duties following the implementation of the new...
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Alimosho, Ajeromi LGAs Receive Highest Allocation in Lagos for July
Alimosho and Ajeromi/Ifelodun Local Government Areas have received the highest allocations among 20 LGAs for the month of July this...
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Nigeria’s Foreign Reserve Rise by $140.9m, Hits $35.81bn
The Central Bank of Nigeria (CBN) has announced that the country’s foreign reserves rose by $140.9m from $35.67bn as of...
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