“It must be emphasised that CBN does not have a magic wand that can be waved at the current economic challenges,” said Cardoso.
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Category: Business
FIRS Issues 2-Week Ultimatum For Remittance of VAT and Withholding Tax, Embarks on Compliance Evaluation
The federal government raked in N709.59 billion from VAT in the first quarter of the year, according to the National Bureau of Statistics.
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South Africa Showcases Golf Tourism Potential in Lisbon
Between January and August 2023, a total of 5,473,927 arrivals were recorded, reflecting an astounding 63.4% increase compared to the same period in the previous year.
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IMF revises Ghana’s international reserves for 2023 to 1.4 months of import cover
The International Monetary Fund has revised Ghana’s net international reserves for 2023 to 1.4 months of import cover, from the
Okonjo-Iweala Calls for Enhanced Efforts to Boost Access to Trade Finance
“Only up to 25 per cent of trade is supported by trade finance in these regions, compared to 60-80 per cent in advanced economies.”
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Eurobonds: How Ghana borrowed $11 billion in four years
Following its exit from the Heavily Indebted Poor Countries (HIPC) initiative, Ghana has consistently sought external commercial loans from the
To Address Fiscal Gap in 2023 Budget, Nigeria Seeks Fresh $1.5bn Loan Facility From World Bank
It vowed that the Tinubu administration will not breach Ways and Means limits.
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NNPC Jettisons Oil Swap Deals, Pays Cash For Fuel Imports
Last year, NNPC did not remit monies into government coffers despite surging oil prices, as oil-for-fuel swaps consumed all the crude it had to sell.
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IMF Welcomes CBN’s Removal of FX Restrictions on 43 Items
It said Tinubu’s reforms need time to yield desired results.
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Shell Confirms Huge Leak At Flow Station in Bayelsa
Hundreds in the Peremabiri community have been thrown into crisis as farmlands, marine environment ruined.
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