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FIRS: Nigeria lost N5.4trn to tax evasion by multinationals in 10 years

    FIRS: Nigeria lost N5.4trn to tax evasion by multinationals in 10 years

The Federal Inland Revenue Service (FIRS) says the country lost N5.4 trillion to tax evasion by multinationals. Speaking at a workshop in Abuja on Monday, Muhammad Nami, the FIRS chairman,

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FG signs MoU on $1.96bn Kano-Niger Republic rail project 

    FG signs MoU on $1.96bn Kano-Niger Republic rail project 

The federal government has signed a memorandum of understanding (MoU) with Mota- Engil Group, a multinational engineering and construction company, for the construction of $1.959 billion Kano to Maradi (Niger

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Report: Bad roads, multiple taxes, hindering food transportation in Nigeria

    Report: Bad roads, multiple taxes, hindering food transportation in Nigeria

A new report by SBM Intelligence, Nigeria’s geopolitical intelligence platform, says food transportation in the country is hindered by bad roads, multiple taxes and harassment by security operatives. The report

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NBS: Internet subscribers grew to 151 million in Q3 2020

    NBS: Internet subscribers grew to 151 million in Q3 2020

The National Bureau of Statistics (NBS) says the number of Internet subscribers in the country grew to 151.51 million subscribers in the third quarter of 2020. This is compared to

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Alfred Olajide appointed Coca-Cola Nigeria MD

    Alfred Olajide appointed Coca-Cola Nigeria MD

Coca-Cola has appointed Alfred Olajide as it’s new vice president and managing director for its Nigeria operations. A statement by

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How Elon Musk made $40 billion in the first 10 days of 2021

    How Elon Musk made $40 billion in the first 10 days of 2021

In the first 10 days of 2021, Elon Musk, the CEO of Tesla, the electric car company, has made about

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AMCON: 350 debtors holding on to N3.6 trillion

    AMCON: 350 debtors holding on to N3.6 trillion

The Asset Management Corporation of Nigeria (AMCON) says 350 obligors are holding on to debts worth N3.6 trillion out of

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AfCFTA: Dangote to commission cement plants in five countries

    AfCFTA: Dangote to commission cement plants in five countries

Dangote Industries Limited says its cement expansion plan and fertilizer investments are strategies aimed at opening new trade routes for

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Cheaper car importation, N50 bank transfer charges — highlights of 2020 finance act

    Cheaper car importation, N50 bank transfer charges — highlights of 2020 finance act

The newly signed Finance Act 2020 ensures a balance between broader macro economic strategies to attract investments, grow the economy

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C & I Leasing: Peace Mass Transit deal will open up path to more equity for growth

    C & I Leasing: Peace Mass Transit deal will open up path to more equity for growth

C&I Leasing Plc says the emergence of Peace Mass Transit as its majority shareholder will be a path to inviting

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