• MTN To Invest $1.6bn In Nigeria Market For Next Three Years

    MTN To Invest $1.6bn In Nigeria Market For Next Three Years0

    The Minister of Communications and Digital Economy, Dr Isa Pantami, has expressed joy as the Mobile Telephone Network (MTN) budgeted 1.6 billion dollars to invest in the Nigerian market within the next three years. Pantami disclosed this in a statement signed by Mrs Phil Oshodin, Director Press and Public Relations, on Tuesday in Abuja, when

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  • Facebook Makes Bold Site Safety Step With 1,000 More UK Staff

    Facebook Makes Bold Site Safety Step With 1,000 More UK Staff0

    Facebook on Tuesday said it plans to create 1,000 more London-based jobs this year to improve safety on the social network with the aid of artificial intelligence. The new roles will increase the number of staff at the company’s largest engineering hub outside the United States to more than 4,000. “The UK is a world

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  • Amaechi, Makinde in high spirit as they Inspect Lagos-Ibadan Rail Line

    Amaechi, Makinde in high spirit as they Inspect Lagos-Ibadan Rail Line0

    The Minister of Transportation Rotimi Amaechi and Oyo State Governor Seyi Makinde on Monday inspected the Lagos-Ibadan standard gauge rail line. The Minister and the state governor were accompanied by other top officials. The assessment started from Ebute Metta to Apapa where the Federal Government hopes to decongest the traffic at the Lagos Port by

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  • FG Exempt Education, food, sanitary pad, other from VAT

    FG Exempt Education, food, sanitary pad, other from VAT0

    The Presidency on Sunday disclosed that some basic daily needs were exempted from the Value Added Tax (VAT) to allay fears on the likely impact of the new VAT on low-income persons. The Presidency also highlighted the benefits of the Finance Act 2019 for Nigerians and businesses in lower and middle levels of the economy.

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  • VAT Increase Effective From February 1, FG tells Ngerians

    VAT Increase Effective From February 1, FG tells Ngerians0

    The Federal Government has said that the increase in Value Added Tax (VAT) from 5 to 7.5 percent will take effect from February 1, 2020. This was disclosed by the Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed on Thursday, during the inauguration of the Chairman and Board members of the Federal Inland

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  • MTN share price leads N112bn market gain

    MTN share price leads N112bn market gain0

    The equities market opened the week with N112bn gain as 16 gainers emerged, led by MTN Nigeria Communications Plc, whose share price increased by 10 per cent on the back of the revocation of its $2bn tax case in Nigeria. The Attorney General of the Federation, Abubakar Malami, had dropped the $2bn claim for back

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