Month: November 2024

The Central Bank of Nigeria has issued guidelines to banks on implementing the free foreign exchange deposit window announced by the Federal Government recently. The guidelines released by the CBN on Tuesday provided the modalities for the participation of commercial, merchant, and non-interest banks in the scheme. The notice of the scheme guidelines, which takes
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The Central Bank of Nigeria has issued guidelines to banks on implementing the free foreign exchange deposit window announced by the Federal Government recently. The guidelines released by the CBN on Tuesday provided the modalities for the participation of commercial, merchant, and non-interest banks in the scheme. The notice of the scheme guidelines, which takes

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The President/Chief Executive Officer of TotalEnergies worldwide, Patrick Pouyanne, says the company is ready to invest billions of dollars in Nigeria by participating in the ongoing oil bid round in the country. Pouyanne stated this recently when he visited the Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe, at the commission’s headquarters
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The President/Chief Executive Officer of TotalEnergies worldwide, Patrick Pouyanne, says the company is ready to invest billions of dollars in Nigeria by participating in the ongoing oil bid round in the country. Pouyanne stated this recently when he visited the Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe, at the commission’s headquarters

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Property owners along the Lagos-Calabar Highway have rejected the Federal Government’s compensation offer, describing it as insufficient compared to the actual value of their properties. In an exclusive interview with The PUNCH, a retired banker, Emeka  Mewu, said the compensation he was offered was a merger sum compared to the value of his property. He
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Property owners along the Lagos-Calabar Highway have rejected the Federal Government’s compensation offer, describing it as insufficient compared to the actual value of their properties. In an exclusive interview with The PUNCH, a retired banker, Emeka  Mewu, said the compensation he was offered was a merger sum compared to the value of his property. He

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The Federal Government has revealed that a poor maintenance culture and inadequate and aged equipment, among other challenges, are the underlying reasons for the incessant multiple collapses of the national power grid witnessed in recent months. It also stated that the high voltage of electricity surpassing the capacity of its equipment caused the blackout witnessed
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The Federal Government has revealed that a poor maintenance culture and inadequate and aged equipment, among other challenges, are the underlying reasons for the incessant multiple collapses of the national power grid witnessed in recent months. It also stated that the high voltage of electricity surpassing the capacity of its equipment caused the blackout witnessed

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Chairman of the Federal Inland Revenue Service, Zacch Adedeji, has dismissed concerns that the four tax bills currently before the National Assembly threaten the existence of any government revenue-generating agency or its operations. This was contained in a statement from the FIRS on Wednesday. Speaking at the Revenue House in Abuja on Wednesday during a
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Chairman of the Federal Inland Revenue Service, Zacch Adedeji, has dismissed concerns that the four tax bills currently before the National Assembly threaten the existence of any government revenue-generating agency or its operations. This was contained in a statement from the FIRS on Wednesday. Speaking at the Revenue House in Abuja on Wednesday during a

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