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Buhari’s CBN policies may drag Nigerian economy into crisis – Fitch

Buhari’s CBN policies may drag Nigerian economy into crisis – Fitch

Fitch, a credit ratings international organisation has disclosed that the Central bank of Nigeria (CBN) under President Muhammadu Buhari might drag the Nigerian economy in crisis due to mismatch in economic policy management.

In the latest report released by Fitch, titled Nigeria’s Unconventional Policies Aggravate External Vulnerability, the organisation stated that the CBN’s recent attempt to…

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GTBank’s Segun Agbaje shares his thoughts on CBN’s loan policies Nigerian billionaire and Chief Executive Officer of Guaranty Trust Bank Plc, Segun Agbaje, granted an interview to…

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Aviation sector to contribute over N1.2tn to Nigeria’s GDP by 2020 The Minister of Aviation of Nigeria, Hadi Sirika has unveiled his transformational plan for the Nigerian Aviation sector, promising to increase the sector’s Gross Domestic Product (GDP) contribution by 1% in 2020, an estimation of over N1.2 trillion.

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We’re challenging UK court’s $9.6bn judgment in US –FG President Muhammadu Buhari has directed the Economic and Financial Crimes Commission, the National Intelligence Agency and the Inspector-General of Police, Mohammed Adamu, to conduct a thorough investigation into the activities of the Process and Industrial Developments Limited which was recently asked by a United Kingdom court to seize $9.6bn in Nigerian assets.

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BREAKING: FG bows to pressure reduces visa fees for Americans The Federal Government has approved a reduction in visa charges payable by United States citizens from $180 to $150.

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Taylor Swift Tops Forbes List Of Highest-Paid Female Musicians, Beats Rihanna, Beyonce

Taylor Swift Tops Forbes List Of Highest-Paid Female Musicians, Beats Rihanna, Beyonce

Popular singer, Taylor Swift, secures the top spot as Forbes releases ranking of the world’s highest-paid women for music for 2019 The “Me!” singer takes the top spot on Forbes‘ list after earning a whopping $185 million pretax over the past year, which puts her ahead of runner-up Beyoncé and Rihanna. According to People, most of Swift’s earnings came from her Reputation stadium tour. Running…

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$9bn judgment: Buhari asks EFCC, NIA to probe 2010 contract President Muhammadu Buhari has directed the Economic and Financial Crimes Commission, the National Intelligence Agency and the Inspector General of Police to conduct a thorough investigation into Process and Industrial Developments Ltd which was recently asked by a UK court to seize $9.6 bn dollars in Nigerian assets.

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Japan visit: Stories on IPOB harassing Buhari, ”concocted”, says Presidency The Presidency has denied several stories and visuals circulating in the social media about the purported harassment of President Muhammadu Buhari by members of the proscribed Indigenous People of Biafra in Japan.

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Tactical Analysis: Arsenal’s Aubameyang & Pepe vs Liverpool How did the Gunners' African duo fare in the Londoners' defeat by the Reds in Premier League action on Saturday?

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NSCDC sends strong message to applicants on recruitment process The Nigeria Security and Civil Defence Corps, NSCDC, has warned prospective applicants not to give out money to anyone with the aim of securing employment.

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BREAKING: Court upholds APC’s choice of indirect primary for Kogi gov poll The Federal High Court in Abuja on Monday dismissed a suit challenging the decision of the All Progressives Congress to adopt indirect primary for nominating its candidate for the forthcoming November 16, 2019 governorship election in Kogi State.

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Kano gov’ship: ‘Gama results were cancelled at state collation centre’ The Nassarawa Local Government collation officer during the March 9 gubernatorial election in Kano State, Prof. Ibrahim Khalil Abdussalam, has told the election petition tribunal sitting in Kano that the Gama ward election result were cancelled at the state collation centre.

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Japanese in Nigerian attire welcome Buhari to Japan Japanese wearing traditional African attires welcomed President Muhammadu Buhari to their country on Monday. President Buhari is in the Asian country to attend the Seventh Tokyo International Conference on African Development.

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Gov. El-Rufai announces commencement of new minimum wage in Kaduna The Kaduna State government will implement the new national minimum wage from September 2019. The State Executive Council on Monday approved that payment of the new national minimum wage and consequential adjustments to civil servants will begin from 1st September 2019.

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Nigerians To Pay Tax On Internet Transactions From January 2020 –FIRS “We have thrown it out to Nigerians. Effective from January 2020, we will ask banks to charge VAT on online transactions, both domestic and international.” Executive Chairman of the Federal Inland Revenue Service, Babatunde Fowler, has said that the agency will begin to impose value-added tax on Internet transactions both domestic and international with effect from January 2020.

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$9.6bn: British firm listing Nigeria assets for seizure An Irish firm, which won a world record $9.6bn arbitration fine against the Federal Government, has instructed its lawyers to identify Nigeria’s assets that can be targeted to recover the money.

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Trump aides downplay ‘order’ to US companies to leave China Donald Trump’s top aides on Sunday downplayed the idea of US companies being forced to abandon China any time soon, as an edict from the president ordering businesses to start looking for alternatives has been met with skepticism.