Economy
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You’re master of economic disaster, US economist slams Tinubu
In a scathing critique, a renowned American economist and professor, Steve Hanke, has labeled President Bola Tinubu a “MASTER OF…
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Naira depreciates further in parallel market
The naira depreciated yesterday to N1,395 per dollar in the parallel market from N1,365 per dollar on Thursday. However,…
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We inherited near dead economy from Buhari, VP Shettima defends Tinubu’s policies
Vice President Kashim Shettima says President Bola Tinubu inherited a near comatose economy from former President Muhammadu Buhari, in 2023.…
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Ways and Means: CBN lends fresh N3.8trn to FG in six months
The Central Bank of Nigeria (CBN) lent a fresh N3.8 trillion in Ways and Means to the federal government in…
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Naira continues its weakening trend, loses 26.2 per cent to the dollar in two weeks
The Naira yesterday continued its downward trend against the United States dollar, depreciating to N1,309/$ at the official market and…
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Naira remains on shaky ground, loses 0.64% against dollar at official market
THE naira on Wednesday further depreciated at the official market, trading at N1,308.52 to the dollar. Data from the…
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$2.1bn Foreign Reserve Depletion: CBN sold only $581m to market — Report
Nigeria’s external reserves shed $2.16 billion in the past month, falling to a seven-year low of $32.29 billion on April…
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Naira recovery artificial, cosmetic – Experts
The recovery of the nation’s currency, the naira, against the dollar in the last two months have been described as…
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Depreciation: Naira displaced as trans-border traders now prefer CFA
Following the depreciation of the Nigerian currency (Naira) in the past few months, further setbacks have hit the West African…
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Debt servicing gulps Ondo, Osun, two others allocations
Most of the Federal Accounts Allocation Committee funds for Osun, Ondo, Kaduna and Cross Rivers states will be used in…
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