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Recurring decimal: Inflation rate climbs 27.33%

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The National Bureau of Statistics, NBS, said Nigeria’s headline inflation rate increased to 27.33 per cent in October 2023. The NBS disclosed this in its...
Business

Buhari administration bankrupted Nigeria, says NSA Ribadu

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In a rare admission of the economic malaise the past administration of Muhammadu Buhari put Nigeria, the National Security Adviser (NSA), Malam Nuhu Ribadu,...
Business

48 hours after Tinubu promise of good Nigeria/Saudi relations, visas of  264 passengers cancelled on arrival

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48 hours after President Bola Tinubu spoke about pulling down walls negating against smooth bilateral trade relations with Saudi Arabia, Saudi authorities have dealt...
Business

President Tinubu signs N2.1 trillion budget into law

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PRESIDENT TINUBU SIGNS N2.1 TRILLION SUPPLEMENTARY 2023 BUDGET President Bola Tinubu signed the N2.176 trillion Supplementary Appropriation Act on Wednesday in Abuja to strengthen Nigeria's...
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Joseph Stiglitz, Kemi Adeosun say world lacks mechanisms to tackle African debt restructuring

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Renowned economist and Nobel Prize Winner, Joseph Stiglitz and former Nigerian Minister of Finance, Mrs. Kemi Adeosun, have advocated international mechanisms for sovereign debt...
Business

Inflation rate may hit 30% by December

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Nigeria Inflation Rate May Hit 30 Percent By Year End As September 2023 Records 26.72 Percent Increase By Clement Nwoji (Optimum Times) Barring no changes in...
Business

Trouble as AFREXIM shops for $3b to fulfil agreement with NNPC

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By Laolu Akande, New York Not being a depositors' bank, AFREXIM is unable on its own to raise the $3B loan it agreed to provide...
Business

Fuel Subsidy Removal: Tinubu goofed, needs help 

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By Audu Liberty Oseni In the last three months, I have written three articles showing clearly how FUEL SUBSIDY removal was the greatest error. Information...
Business

FG plans onslaught on illegal miners fanning banditry as cover

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Receiving a delegation of the Nigeria-China Chamber of Mines, led by its National President, Dr. Olugbenga Ajala, the Minister of Solid Minerals Development, Dr....
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Nami denies making N11billion approvals after exit

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The immediate foremer head of the Federal Inland Revenue Service, Mr. Mohammed Nami has denied allegations that he approved N11bn ‘suspicious’ payments after his...
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