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Digital Lending Firms Worsening Nigeria’s Poverty Rate – Prof. Adi
A professor of Economics at the Lagos Business School, Prof. Bongo Adi, has revealed that recent research by him and other university dons showed that the proliferation of digital lending apps’ deploying companies in the country has the potential of worsening Nigeria’s poverty level . The renowned economist, who made this remark during a webinar […]
Governors Support 7.5% VAT, As Lawan Lists Finance Bill Benefits
State governors on Thursday expressed support for the Finance Bill, which seeks to increase Value Added Tax (VAT) from five per cent to 7.5 per cent, among other revenue generation and fiscal proposals. The Vice-chairman of the Nigerian Governors Forum (NGF), Aminu Tambuwal, gave the governors’ position on the proposed hike of the VAT rate […]
FG Allocates N5Bn Subsidy Palliative To Each State, FCT
The Federal Government on Thursday allocated N5 billion to each state of the federation and the FCT as palliatives to cushion the effects of the removal of petrol subsidy. The Governor of Borno State, Babagana Zulum, disclosed this during a National Economic Council (NEC) meeting held on Thursday in Abuja. The FEC meeting membership, which […]