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Business

Lamentations over a flawed business strategy in railway transportation

By Rowland Ataguba The absence of a credible freight business underpin has left the NRC vulnerable to existential shocks and the chickens have again...

Tinubu secures lifting of UAE visa ban on Nigerians, gets business deals

PRESIDENT TINUBU SECURES LANDMARK DEAL WITH UNITED ARAB EMIRATES ACROSS SECTORS; VISA BAN ON NIGERIAN TRAVELERS IS LIFTED IMMEDIATELY President Bola Ahmed Tinubu and President...

Amid investigations of multi-billion dollars forex fraud, Olam Group denies, shares tumble

Olam Group of Singapore on Monday vehemently denied reports alleging that its subsidiaries in Nigeria were involved in a multi-billion dollar foreign exchange fraud,...

How Nigeria has been robbed blind in solid minerals and new moves to reap trillion dollars

By Dele Alake ....A significant and interesting fact is that the solid minerals sector that was exploited by the colonial government for export contributed 4.5...

Here we go, again: FG says PH refinery resumes in December

The promise game over Nigeria's problematic refineries has begun, again, as the Minister of State, Petroleum Resources, Heineken Lokpobiri, has said the Port Harcourt...

Anger builds as statistics bureau puts unemployment rate at 4%, instead of 40%

Amidst virulent anger from Nigerians on social media, the National Bureau of Statistics (NBS) has been explaining the strange, new formula it used to...

FG replies Gov. Obaseki on its alleged poor economic management

Edo State Governor, Mr. Godwin Obaseki's criticism against the administration of President Bola Tinubu, over the government’s inability to plan and effectively respond to...

Saving the Naira: NNPC Ltd gets $3 billion emergency crude repayment loan

The Nigerian National Petroleum Company Limited (NNPC Ltd) and Afreximbank have jointly signed a commitment letter and term sheet for an emergency three billion...

Expectedly, inflation rises as NBS releases rate for July

Nigeria’s inflation rate hits 24.08% in July – NBS The National Bureau of Statistics (NBS) said Nigeria’s headline inflation rate increased to 24.08 per cent...

President Tinubu vows to end over-reliance on borrowing for public expenditure

PRESIDENT TINUBU VOWS TO END NIGERIA’S OVERRELIANCE ON BORROWING FOR PUBLIC EXPENDITURE ... sets 18% Tax to GDP target in 3 years President Bola Tinubu on Tuesday...

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