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Amadi Nwokocha
1,083 followers
1,083 followers
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South Africa: SARS clarifies tax exemptions on foreign pensions
You will not be taxed in South Africa on a pension that you accumulated while you worked outside the country, although this exemption is subject to several qualifications. In November, the South African Revenue Service (SARS) issued Binding General Ruling 2...

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Nigeria: U.S. Policy to Counter Nigeria's Boko Haram
CFR Senior Fellow for Africa Policy Studies John Campbell. DOCUMENT Opening remarks by author John Campbell at the launch of Council Special Report No. 70,  U.S. Policy to Counter Nigeria's Boko Haram by the Council on Foreign Relations in Washington DC. Th...

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Nigeria: Aganga Lists Benefits of Compliance With IFRS
Olusegun Aganga THE Minister of Trade and Investment, Olusegun Aganga, has identified compliance with International Financial Reporting Standards (IFRS) as a veritable tool in the quest to attract much needed investments and guarantee investors' confidence....

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Nigeria's parliament says Shell should pay $4 billion for 2011 oil spill
A view of the shore of the Atlantic ocean at Orobiri village,days after Royal Dutch Shell's Bonga off-shore oil spill, in Nigeria's delta state December 31, 2011. CREDIT: REUTERS/AKINTUNDE AKINLEYE (Reuters) - Nigeria's National Assembly said on Wednesday o...

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Insecurity Mars Abuja Carnival As 30 States Stay Away
In view of the ongoing security challenge that has crippled the entire sector of the economy, the 10th Edition of Abuja National Carnival organised by the Ministry of Tourism, Culture and National Orientation witnessed poor turnout of participant with 30 St...

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Devaluation: Naira Hits N186 In Black Market
The exchange rate for the dollar in Abuja “black market’’ on Wednesday stood at between N182 and N186, an investigation by a News Agency of Nigeria (NAN) correspondent found. This is against the new official exchange rate N168 announced on Tuesday by the Go...

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Nigeria devalues currency amid falling oil price
ABUJA, Nigeria (AP) - The Central Bank of Nigeria says it has devalued of the naira, setting the new official exchange rate at 168 to the dollar from its previous rate of 155. The central bank's governor Godwin Emefiele said Wednesday that the falling price...

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AMCON announces completion of Enterprise Bank sale at N56.1bn
The Asset Management Corporation of Nigeria (“AMCON”) has announced the successful completion of the sale of the entire issued and fully paid up ordinary shares of Enterprise Bank Limited (“Enterprise Bank” or “EBL”) to Heritage Bank owned special purpose v...

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CBN commences public education to identify counterfeited notes
WorldStage Newsonline-- The Central Bank of Nigeria (CBN) has commenced the education of the Nigerian public on the incorporated security features of the Naira, warning against the act of counterfeiting. The Governor of the apex bank, Mr. Godwin Emefiele, g...

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Capital Market Capitalisation Appreciates By N155bn
Stock market activities are beginning to shape up as the Central Bank of Nigeria (CBN) concluded the last MPC meeting for the year with new adjustments including the one per cent increase in MPR. The Nigerian Stock Exchange (NSE) has sustained the uptrend a...
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