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FCCPC) has approved an additional 211 digital money lenders, known as loan apps, marking an increase from 161 fully approved companies in September.

FG Approves N656 Billion Fresh Loan For 36 States

The federal government has approved N656 billion fresh loan for the 36 states of the country. The details of the loan as announced during the National Executive Council (NEC) meeting on Thursday, each state is expected to receive N18.2 billion. In a
November 19, 2021
Minister

Nigeria Records $10.1b Investment Announcement – Minister

Otunba Adeniyi Adebayo, Minister of Trade and Industry, has disclosed that Nigeria’s economy recorded $10.1billiom investment announcement which was a-100 per cent increase over that of last year. Adebayo made this known at Lagos International Trade Fair, held at the Tafawa Balewa Square,
November 8, 2021
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FG Moves To Appeal N20bn Court Ruling On Igboho

ATTORNEY GENERAL of the Federal (AGF) and Minister of Justice, Abubakar Malami (SAN), has said Federal Government would appeal the ruling of Oyo State High Court which awarded N20 billion damages against the AGF and Department of State Services (DSS) for allegedly
September 18, 2021
Nigeria

FG May Increase VAT To 15% Before 2025- EIU

There is indication that the Nigerian Government might effect a 100% increase in the Value Added Tax (VAT) from the current 7.5% to 15% before 2025 in order to raise revenue. The implication is that Nigerians will have to pay more for
July 22, 2021
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