Economy
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Nigeria’s inflation rate jumps to 34.80% in December – NBS Report
The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate increased to 34.80 per cent in December 2024. …
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Why prostitution, drugs, others will be included in GDP calculation – Bureau of Statistics
The National Bureau of Statistics (NBS) has stated reasons for its plans to incorporate illegal and hidden economic activities, such…
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Tax Reform Bills: Why Lagos is the biggest loser – Presidential Committee
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has said Lagos State remains the…
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Tax Reform: Tinubu lobbies northern leaders as opposition persists
President Bola Ahmed Tinubu has in response to soaring dissent, commenced sending emissaries to the northern elite to clear the…
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Nigeria’s debt to hit N187.8trn in 2025 amid rising borrowing costs
Nigeria’s debt stock will reach N187.79 trillion this year as the country grapples with a rising borrowing cost, naira depreciation…
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Tax Reform Bills: Governors, stakeholders in high wire consultations
Stakeholders across the country are using the current Christmas and New Year period to review and discuss the controversial Tax…
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World Bank suspends loan fees for poor nations
The World Bank has announced the removal of several loan fees to make borrowing more affordable for vulnerable countries. …
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Bill to prohibit foreign currency use in Nigeria scales First Reading in Senate
The Senate has initiated steps to restore Nigeria’s monetary sovereignty by outlawing the use of foreign currencies for payments and…
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2025 budget: N13trn deficit to be financed through borrowing — Edun
Mr Wale Edun, Minister of Finance and Coordinating Minister for the Economy, on Monday said the N13 trillion deficit in…
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Amid ravaging hardship, Nigeria’s inflation spikes to 34.60 percent in November
Nigeria’s inflation rate for the month of November 2024 rose to 34.60 percent from 33.88 percent in October, indicating worsening…
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