Economy
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Current reforms necessary to reposition Nigeria for economic growth – Lagos Dep Gov
Lagos State Deputy Governor, Dr. Obafemi Hamzat, on Thursday, said the current reforms in the country are necessary to reposition…
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FG shops for fresh $1.7bn World Bank loan, totaling $6.65bn under Tinubu
The Federal Government is shopping for a new $1.7 billion loan from the World Bank, with approval anticipated on September…
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Imo communities groan over deplorable roads
Communities in the Ngor Okpala Local Government Area of Imo State have decried the deplorable state of the roads in…
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20 governors borrow fresh N446bn as revenues tumble
Debt servicing costs incurred by 29 state governments consumed 80.7 per cent of their Internally Generated Revenue during the first…
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Fuel subsidy removal, others can pose risk to external reserves, CBN raises the alarm
The Central Bank of Nigeria, CBN, has said that fuel subsidy removal, lower import bills and increased external debt servicing…
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Despite new bill by National Assembly stipulating an increase, CBN maintains 5% Ways And Means advance limit
The Central Bank of Nigeria (CBN) has decided to maintain its limit on Ways and Means Advances to the federal…
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Outrage, anxiety as FG borrows N20.1trn under Tinubu *Borrowing rises 117% YoY
The Federal Government borrowed N20.1 trillion from domestic investors in the first year of President Tinubu’s administration, representing year-on-year YoY…
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Federal, States, LGs share N3.473trn – NEITI
The Nigeria Extractive Industries Transparency Initiative (NEITI) has announced that the Federation Accounts Allocation Committee (FAAC) disbursed N3.473 trillion to…
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Subsidy Removal: APC chieftain slams FG for not doing the right thing to assuage Nigerians’ sufferings
All Progressives Congress (APC) chieftain in Ebonyi State, Onyebuchi Chukwu, says the ruling party is not doing the right thing…
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Protect the poor from impact of petrol price hike, IMF tells Tinubu
Amid ongoing pricing and supply crises in the downstream sector of the Nigerian oil industry, the International Monetary Fund (IMF),…
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