Put money of Imo Adapalm in Bank ― Govt

Put money of Imo Adapalm in Bank ― Govt

By Chinonso Alozie – Owerri The Imo State government yesterday, ordered that every monetary transaction from the Imo palm plantation, Adapalm, must be done through the Bank. The Deputy Governor, Gerald Irona, gave the order when the Interim Management Committee of Adapalm, Nigeria Limited, led by Anthony Kerunwa, paid him a visit at Government House […]
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IMF advises Nigeria on reducing vulnerabilities, boosting growth

IMF advises Nigeria on reducing vulnerabilities, boosting growth

Emma Ujah – Abuja The International Monetary Fund (IMF) has advised the federal government to take action on a coherent and coordinated set of policies to urgently reduce vulnerabilities and increase growth over the medium term. The advice was contained in the report of IMF staff visit led by Amine Mati, Senior Resident Representative and […]

2020 Budget: CSOs raise concerns over VAT increase, frivolous items, others

2020 Budget: CSOs raise concerns over VAT increase, frivolous items, others

By Gabriel Ewepu – Abuja Less than 24 hours President Muhammadu Buhari presented the 2020 budget proposal of N10. 33 trillion to the National Assembly on Tuesday, Civil Society Organisations, CSOs, have raised grave concerns over items of the proposed budget, which include an increase of Value Added Tax, VAT, to 7.5 per cent, frivolous […]

Japan yet to completely emerge from deflation ―Economy minister

Japan yet to completely emerge from deflation ―Economy minister

Japan’s economy minister Yasutoshi Nishimura has said on Thursday that the country has not fully emerged from deflation and that the government and the central bank will take all necessary steps to ensure a sustained economic recovery. “We haven’t reached a situation where we can say Japan has completely emerged from deflation,” Nishimura told parliament. […]

China imports 900 Danish breeding pigs after African swine fever

China imports 900 Danish breeding pigs after African swine fever

One of China’s top pig farming companies imported 900 breeding pigs from Denmark this week, China’s customs said on Wednesday, in the first import of live pigs in a year. The animals bought by C.P. Pokphand Co, China’s fifth-largest pig producer, arrived on a charter flight in August and spent over a month in quarantine […]