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The Enugu Electricity Distribution Company (EEDC) has disclosed that it plans to go live with the Token Identifier (TID) Rollover by end of February 2024, and customers are expected to update their information as a prerequisite for the…

The Nigerian Exchange Limited, NGX has ended trading activities for the week with the local bourse declining in 4 out of the 5 trading sessions for the week. Thus, the NGX All-Share Index depreciated by 2.45% to close the…

Nigeria's Gross Domestic Product, GDP growth rate has been projected to be within the range of 2.6 or 3 percent this year. This is according to Pan-African Credit Rating Agency, Agusto & Co, which outlined three possible projections…

The Market Traders Association of Nigeria (MATAN) is set to launch a digital Value Added Tax Direct initiative for its members to enhance tax remittances and mitigate multiple taxation of its members. The President of the…

Policy changes, economic conditions and technological advancements are some of the factors that will influence the Banking Sector performance in 2024. The Head, Financial Institutions Ratings at Agusto and Co, Mr Ayokunle Olubunmi,…

In an effort to mitigate the reoccurring partial grid disturbance, the Nigerian government has set up a committee to resolve gas shortage in the Power sector. This, is also to find a lasting solution to challenges…

Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, is seeking more concessional funding from the World Bank Group, for Africa to address its development challenges. Edun, who is Chair of African Governors…

The Deputy Speaker of the Nigeian House of Representatives, Mr Benjamin Kalu has called on the leadership of the Abuja Chamber Commerce and Industry, ACCI to create a chamber that would contribute to the socio-economic development of the…

The Nigerian National Petroleum Company (NNPC) Ltd. has assured Nigerians that there is no imminent increase in the cost of Premium Motor Spirit (PMS), commonly known as petrol. NNPC Ltd. urges Nigerians to disregard unfounded…

The Nigerian government says it aims to create 1.2 million jobs in the construction sector, using affordable housing provision as a catalyst for economic growth and job creation. The Minister of Housing and Urban Development, …