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MarThe Minister of Communications and Digital Economy, Isa Pantami has said that the Federal Government has removed its proposed 5% excise duty on telecommunication services. The government announced that this was in line with the recommendations of a committee, the Presidential Review Committee on Excise Duty in the Digital Economy Sector, which was constituted to review the […]
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MarThe Nigerian equity market on Tuesday bounced back after sessions of losses as the All Share Index marginally grew by 0.03% to settle at 54,904.68 points from the previous close of 54,888.48 points. Investors gained 9 billion as The Market Capitalisation was up by 0.03% to close at N29.910 trillion from the previous close of N29.901 trillion.[…]
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MarThe Monetary Policy Committee of the Central Bank of Nigeria has increased the Monetary Policy Rate by 50 basis points to 18%. This was disclosed by the CBN Governor, Godwin Emefiele, on Tuesday while reading the communiqué of the second MPC meeting. He said the committee also pegged the liquidity ratio at 30%. The MPC committee voted[…]
