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What Osinbajo meant by the Naira exchange rate being kept artificially low – VP’s Office

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The Office of the Vice President, Prof. Yemi Osinbajo, has explained that he was not asking for further devaluation of the nation's currency when...
Business

Osinbajo frowns at Naira exchange rate, explains rescue of economy, protection of jobs post-Covid-19

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Despite the challenges of funding and other issues, the implementation of the N2.3 trillion Economic Sustainability Plan, ESP, has made significant impact across different...
Business

Broad gains for stocks push S&P 500, Nasdaq to record highs this week

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A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart. I...
Business

Tekena Ovuru, poultry farmer emerges winner of the Princewills Trust Help the Hard Worker

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A poultry farmer, Tekena Ovuru, has emerged winner of the monthly Princewill Trust Help the Hard Worker competition. The monthly competition is put together...
Business

Supreme Court reserves ruling in Union Bank’s battle against  $15b judgment debt

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By Yemi Oyeyemi, Abuja The Supreme Court on Thursday in Abuja  reserved ruling on a motion by Union Bank Plc seeking, among others, leave to...
Business

Senate President laments high budget deficit, explains NASS approval and how to reduce borrowings

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President of the Senate, Ahmad Lawan, has lamented the huge deficit in the 2022 federal government budget figures and has suggested measures out of...
Business

FG borrows fresh N5 trillion to finance deficit in Year 2022 N16.39 trillion budget, but no cause for alarm, says Buhari (+Full Speech)

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The total fiscal operations of the Federal Government in 2022 will result in a deficit of N6.26 trillion. But not to worry, the government will...
Business

Foreign Debts: Why we are borrowing heavily, by FG

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The Federal Government is not borrowing for consumption but to fund critical development projects, theNigeria’s Minister of Finance, Budget and National Planning, Mrs Zainab...
Business

MDAs have been shortchanging Treasury, must be made to generate N1trn annually to fund budget – Lawan

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President of the Senate, Ahmad Lawan, has said that the National Assembly would mount more pressure on revenue generating agencies to ensure that they...
Business

Senate passes revised fiscal framework, approves N16.39trn budget projection for 2022

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The Senate has approved President Muhammadu Buhari’s revised submission of the 2022-2024 Medium Term Expenditure Framework.  The revised submission was received and referred to the...
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