Uzoh: The game changer in Anambra guber

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In the 1990s, a friend of mine, whose acquaintance had something to do with Gocuz Group Limited, a thriving company located on Awolowo Road, Ikoyi, Lagos, told me a story of Dr. Obinna Uzoh, the man behind the company. She told a story of a young man she considered as rich and enterprising but who…

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Only 14m Nigerians pay tax –FIRS 

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…As FG targets $1bn from new tax scheme From Juliana Taiwo-Obalonye, Abuja The Federal Government said it is targeting an estimated revenue of $1 billion from the proposed Nigeria Voluntary Asset and Income Declaration Scheme (VAIDS). The scheme takes off on May 1 for up to six months and will offer a window for those…

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Senate to approve $6bn loan railway projects

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From Romanus Ugwu, Abuja Following the repeated appeals from the Minister of Transportation, Chibuike Rotimi Amaechi, to the National Assembly to approve the Federal Government borrowing plan. The Senate Committee on land transport has assured the Ministry that the $6 billion loan for the railway projects will be approved. Chairman of Senate Committee on Land…

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Nigeria to exit recession soon –W’Bank

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The World Bank Group, yesterday, hinted Nigeria will soon recover from its current economic recession. Mrs. Eme Essien-Lore, Country Manager in Nigeria, International Finance Corporation, a member of the Group, who made the observation in an interview with the News Agency of Nigeria (NAN) in Lagos on Thursday, noted that there were several indications to…

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Pensioners storm Finance Ministry, protest 15 months arrears

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From Uche Usim, Abuja Retired civil servants yesterday stormed the Finance Ministry over nonpayment of 15 months gratuity under the Contributory Pension Scheme (CPS). The aggrieved pensioners, numbering about 100, protested on the platform of League of Federal Public Service Contributory Pension Retirees (FPSCPR). They were armed with placards with various inscriptions, even as they chanted zestful…

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CBN clears $150m forex forwards

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The Central Bank of Nigeria (CBN) on Wednesday, sold a total of $150 million to authorised forex dealers in the interbank at the highest bid rate of N335/$1 and a marginal rate of N320/$1. Confirming the details of the sale to the dealers, the Acting Director in charge of Corporate Communications of the apex bank,…

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