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Obi Hails Okonjo-Iweala On Reappointment As WTO DG

Obi Hails Okonjo-Iweala On Reappointment As WTO DG

The former two-term Governor of Anambra State, Peter Obi, has joined a host of others to congratulate Dr Ngozi Okonjo-Iweala on her reappointment as the Director-General of the World Trade Organisation (WTO) for a second…

Over 60 Taxes, Levies Collected Across Nigeria Inhibits Growth – Oyedele

Over 60 Taxes, Levies Collected Across Nigeria Inhibits Growth – Oyedele

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele has said that the fiscal policy being operated in the country inhibits growth. Oyedele who spoke at the Senate’s plenary on…

CBN Extends Recapitalization Deadline For BDC Operators

CBN Extends Recapitalization Deadline For BDC Operators

The Central Bank of Nigeria (CBN) has extended the deadline for the recapitalization of Bureau De Change (BDC) operators from December 3, 2024, to June 3, 2025. Aminu Gwadabe, the President of the Association of…

Dangote Seeks Bank Loan For Refinery Boost

Dangote Seeks Bank Loan For Refinery Boost

The Chairman of Dangote Group, Alhaji Aliko Dangote is actively pursuing funding to secure billions of dollars for crude oil imports and ramp up production capacity for its Dangote Petroleum Refinery. Despite launching a naira-for-crude…

Nigeria’s Imports Rise By 81% In Six Years – WTO

Nigeria’s Imports Rise By 81% In Six Years – WTO

In recent times, Nigeria’s import levels has drastically increased to 80.65 per cent in six years, rising from $31 billion in 2017 to $56 billion in 2023. This development was contained in the World Trade…

Okonjo-Iweala Calls On Tinubu Govt To Reduce Govt Agencies At Nigeria’s Borders

Okonjo-Iweala Calls On Tinubu Govt To Reduce Govt Agencies At Nigeria’s Borders

Ngozi Okonjo-Iweala, the Director-General of World Trade Organisation (WTO) has asked President Bola Tinubu-led Government to cut down the number of agencies at the borders as part of key reforms needed by the Nigeria Customs…

Nigeria’s Oil And Gas Sector Needs Reforms – NEITI Boss

Nigeria’s Oil And Gas Sector Needs Reforms – NEITI Boss

The Executive Secretary, Chief Executive Officer of  Nigeria Extractive Industries Transparency Initiative (NEITI), Orji Ogbonnaya Orji, has said Nigeria’s oil and gas sector needs reforms. Ogbonnaya Orji who spoke on Arise TV on Thursday said…

Top 15 Weekly Business News Roundup For Latest Nigeria News

Top 15 Weekly Business News Roundup For Latest Nigeria News

Here is New Telegraph’s weekly business news roundup of the top 15 latest Nigerian news making headlines from Monday, September 9 to Saturday, September 14, 2024. FG Confirms NNPC Ltd’s Lifting Of Petrol From Dangote…

CAC Reiterates Deadline For PoS Operators’

CAC Reiterates Deadline For PoS Operators’

The Corporate Affairs Commission (CAC) has renewed its call to Point of Sale (PoS) operators across Nigeria, reminding them that the deadline for mandatory business registration expired on September 5, 2024. In a public notice…

BOI Secures €1.425bn In Oversubscribed Loan Syndication

BOI Secures €1.425bn In Oversubscribed Loan Syndication

The Bank of Industry (BOI) has announced that it has received €1.425 billion in the senior phase of its global loan syndication, representing a 42.5% oversubscription from international financial markets. This landmark transaction marks a…