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Tacha urges Nigerians to hold all leaders accountable, not just Tinubu

By / The Nation News /

Reality TV star Tacha has criticised Nigerians for directing their frustrations solely at President Bola Tinubu while overlooking the roles of governors, senators, and local government chairmen in governance. In a video message, she stressed that mismanagement of funds occurs across all levels of government, referencing the recent disbursement of N2.2 trillion to federal, state, […]

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BREAKING: CBN Cuts Interest Rate To 27%, Adjusts Banks’ Cash Reserve

By / NaijaNews.com /

The Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) has reduced the benchmark interest rate to 27 per cent, down from 27.5 per cent in July, in its latest effort to stabilise the economy. Naija News reports that the Committee also announced fresh adjustments to banks’ cash reserve obligations. Commercial banks will now operate

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MAN, importers, agents decry continuous collection of 4% FOB levy at port

By / The Nation News /

The Manufacturers Association of Nigeria (MAN) and clearing agents operating at the nation’s ports have raised the alarm that despite the Federal Ministry of Finance’s directive that the Nigeria Customs Service (NCS) should suspend the 4 percent Free-on-Board (FOB) levy on imported goods, the Service has failed to implement the directive as the levy still

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