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IMF backs Nigeria’s new tax reform

The International Monetary Fund (IMF) has pledged to sustain its support to the Federal Inland Revenue Service (FIRS) to help deepen tax administration and strengthen Nigeria’s revenue mobilisation efforts. Speaking during the opening of an IMF-supported Headquarters Mission at the FIRS headquarters in Abuja, a Senior Economist at the Fiscal Affairs Department of the IMF,…

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FEC okays Nigeria’s membership of Asian bank, mulls cocoa board

The Federal Executive Council (FEC) on Monday approved Nigeria’s full membership of the Asian Infrastructure Investment Bank (AIIB) as a non-regional member, marking a significant milestone in the country’s international economic engagement. The Council also approved the transmission of a bill to the National Assembly to establish the National Cocoa Management Board, in a bid…

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