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Plan to raise excise on fizzy beverages is condemned by OPS and others
The Federal Ministry of Finance, Budget, and National Planning has proposed raising the excise tax on tobacco, liquor, and alcoholic and non-alcoholic beverages. The...
The fiscal deficit of the FG more than doubles every eight years
Despite declining tax collections, the federal government's fiscal deficit increased by almost a thousand percent during the presidency of President Muhammadu Buhari.
According to the...
Nigerians lament failure of ePayment systems
Nigerians who utilize the platforms for transactions are irritated by ongoing issues with failing banks' electronic payment (ePayment) channels, adding to the problems facing...
AfDB grants a $25 million partially-guaranteed loan to Nigerian SMEs
The African Development Bank (AfDB) Group has announced that FSDH Merchant Bank has been given permission to offer loans to Nigerian small businesses under...
Nigeria will keep its quota as OPEC+ lowers its goal for crude output by 2 mbpd
The Organization of Petroleum Exporting Countries and its allies, or OPEC+, decided yesterday to reduce their goal for crude production by two million barrels...
