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Nigeria’s inflation hits 13.22 percent

The nation’s inflation rate has recorded its biggest increase so far this year, rising to 13.22 per cent in August, the National Bureau of...

Debt Management Office revealed that Nigeria’s debt stock increased by N2.381 trillion

Nigeria’s Total Public Debt Stock stood at N31.009 trillion as of June 30, 2020. The disclosure was contained in a press release by the...

CBN seems to be making the same mistake with PSB

As of 2019, there are 184million mobile subscriptions in Nigeria, this translates to an 89% penetration rate; there are 125m internet users in Nigeria...

Nigerian banks debut quick response code payment in Ghana

Three Nigerian banks have commenced a quick response code payment system in Ghana. The banks: Eco, Zenith and Fidelity; are among six banks in Ghana...

NAICOM releases guidelines of minimum paid-up share capital for insurance companies

The National Insurance Commission (NAICOM) on Tuesday released guidelines for the payment of Minimum Paid-up Share Capital by insurance and re-insurance companies in compliance...

Britain inflation jumps in July

British inflation jumped unexpectedly last month to its highest rate since March, pushed up by clothing retailers refraining from their usual summer discounts. This is...

Google lobbies Australian users against plans to make it pay for news

Google has published an open letter about a newly proposed government regulation that would compel it to pay media outlets for news content. Australians...

Lagos Govt reverts to pre 2018 Land Use Charge, waives N5.8bn penalties

Lagos State Government said it has reverted the Land Use Charge (LUC) to the pre-2018 charges stating a reduction of 48 per cent. The...
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