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Latest News in Nigeria on Legit.ng - 13.12.2024
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US-Based Rating Agency Predicts Tough 2025 For Access
10 小时之前 · The report, which Legit.ng saw, said bank performances will remain solid but expect them to drop marginally in countries where lower interest rates will bring lower yields on government securities. “Capitalisation, funding, and liquidity should remain comfortable in most markets,” it said. The volatile exchange rate will affect banks.
"We may not all agree": Tinubu defends controversial tax reforms
12 小时之前 · President Tinubu says reforms, particularly in tax administration, are vital for Nigeria’s long-term economic prosperity Proposed tax measures aim to streamline the system, reduce the burden on vulnerable Nigerians, and boost state revenues Record-breaking revenues are already funding federal ...
Federal Government Targets New Borrowing in 2025, Gives Reasons
15 小时之前 · The deficit is projected to be N13.14 trillion, which is 3.89% of the country’s Gross Domestic Product (GDP).. The finance minister assured Nigerians that the budget was crafted within the framework of the progress made under the leadership of President Bola Tinubu over the past 18 months.. He stressed the importance of fiscal sustainability, noting that governments worldwide, including ...
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