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Naira Gains Marginally, Now N1,554.65 per Dollar

Naira Gains Marginally, Now N1,554.65 per Dollar The naira appreciated against the dollar at both official and parallel foreign exchange markets for the first time since last week. FMDQ data showed that the naira appreciated marginally to N1,554.65 against the dollar on Thursday from N1,561.98 traded...

Mandela Washington Fellowship Alumni Gets Matron After a Decade

Mandela Washington Fellowship Alumni Gets Matron After a Decade The Mandela Washington Fellowship Alumni Association of Nigeria (MWFAAN) has for the first since its inception 10 years ago inaugurated Dr. Miaro Mandara her maiden matron. During the event which took place in Abuja on Monday, the...

Arewa Economic Forum Laments Food Shortages, Inflation, Proffers Solutions

Arewa Economic Forum Laments Food Shortages, Inflation, Proffers Solutions The Chairman of the Arewa Economic Forum (AEF), Ibrahim Shehu Dandakata, has stated that a concerted effort is necessary to combat food insecurity in the country, given the prevalent hunger among citizens. During a press conference in...

GenCos, DisCos, Others Exempted from Withholding Tax

GenCos, DisCos, Others Exempted from Withholding Tax The federal government has categorised all electricity companies, including the Generation and Distribution Companies (GenCos and DisCos), as those exempted from the payment of Withholding Tax in the country. This was contained in the new Withholding Tax regulation document...

Company to Invest $172bn in Agriculture, Energy, Other Sectors

Company to Invest $172bn in Agriculture, Energy, Other Sectors Backbone Infrastructure Nigeria Limited, a multi-national company, has announced its intention to invest $172bn to develop various infrastructure sectors in the country. This investment, utilising alternative financing options, will be allocated to mineral resources, energy, agriculture,...

Student Loan: FG Unveils State-Owned Institutions Eligible to Apply

Student Loan: FG Unveils State-Owned Institutions Eligible to Apply The Nigerian Education Loan Fund (NELFUND) has listed state-owned schools eligible for the student loan scheme. In a Sunday statement, NELFUND said students from the 36 schools can now submit their applications for the student loan fund...