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NIGERIA'S ’s GDP RISES 2.98% IN Q1 ON SERVICES SECTOR GROWTH
Nigeria’s economy grew by 2.98 percent year-on-year in real terms in the first quarter of 2024, according to the National Bureau of Statistics. This growth rate is higher than the 2.31 percent recor...
House of Representatives Moves to Probe MultiChoice Tax Debt
The House of Representatives, in a bid to address the MultiChoice tax issue, has initiated an investigation into MultiChoice Nigeria's alleged failure to pay about N1.8 trillion and $342 million in ta...
Fuel Pump Price Hits N1,200 Record High Despite Renewed Hope Budget
Earlier today, it was reported that a liter of petrol has reached its highest since independence, settling at N1,200 per liter. The increase can be attributed to the removal of fuel subsidy by Preside...
The N30,000 Minimum Wage Should Will End by March 2024 - FG
The federal government of Nigeria recently announced that a revised minimum wage will be implemented, which will kick off on April 1, 2024.The Minister of Information and National Orientation, Idris M...
MultiChoice Blames $72.4 Million Loss to Naira Devaluation and South Africa Blackouts
MultiChoice Group Ltd. has announced its third consecutive semi-annual loss and blamed the financial challenges it witnessed on foreign exchange in Nigeria (naira devaluation) and steady power outages...