Category: Economy
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Presidential hopeful, Atiku commissions restaurant [Photos]
Presidential hopeful Atiku Abubakar on Sunday commissioned a restaurant in Yola, the capital of Adamawa State. TheNewsGuru recalls the former vice president in 2017 commissioned the first outlet of the restaurant in Abuja. “Our vision was to open several other outlets as one of the contributions of my family to reduce unemployment in Nigeria. “I…
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Nigeria Immigration generates 35.72bn from passports in 2017 – NBS
The National Bureau of Statistics (NBS), says the Nigeria Immigration Service (NIS) generated more than N35.72 billion from passports applications in 2017. The NBS said this in a statistics on Immigration for 2017 posted on its website. According to the report, the figure is less than the N36.17 billion generated from passports application as local…
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Nigeria’ll sustain positive growth outlook — Adeosun, Emefiele
The Minister of Finance, Mrs Kemi Adeosun and the Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele, affirmed on Sunday that the country’s positive growth outlook would be sustained. The Minister and the CBN Governor gave this assurance at a joint press briefing at the end of the 2018 International Monetary Fund (IMF)…
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Delta Govt generates N51 billion IGR — Finance Commissioner
The Delta Commissioner for Finance, Chief David Edevbie, on Thursday said that the state government generated N51 billion as Internally Generated Revenue (IGR) in 2017. Edevbie disclosed this in Asaba at the state’s 2018 Ministerial Press Briefing organised by the State Ministry for Information for the various Ministries, Department and Agencies (MDAs) to present their…
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Inflation rate drops to 13.34% in March – NBS
The National Bureau of Statistics on Thursday said the country’s Consumer Price Index which measures inflation rose by 13.34 per cent (year-on-year) in March 2018. The bureau in the report said the 13.34 per cent rate for March is 0.99 percentage points less than the 14.33 per cent recorded in February. The report said this…
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JUST IN: Pres. Buhari meets Lekki Deep Sea Port developers
President Muhammadu Buhari early on Friday met with the developers of Lekki Deep Sea Port flagged off by Vice President Yemi Osinbajo yesterday in events marking the president official two days visit to Lagos state. President @MBuhari in Lagos State, meets with the developers of Lekki Deep Sea Port led by Minister of Transportation, @ChibuikeAmaechi…
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Osinbajo arrives Lekki, flags off Deep Sea Port, lists gains of port
Vice President Yemi Osinbajo on behalf of President Muhammadu Buhari, on Thursday in Lekki, Lagos Island, flagged off the Deep Sea Port project while explaining how the port will be of benefits to Nigeria and Nigerians. VP Osinbajo arrives Lekki to flag-off the Deep Sea Port project. This port will service heavier vessels & ease…
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NASS shifts 2018 Budget approval date
Contrary to expectations that the 2018 budget estimates of N8.612 trillion would be passed by April, the National Assembly has postponed the approval of this year’s budget till May 2018. Chairman, House Committee on Appropriations, Mustapha Dawaki, made this known at the 2018 National Budget Hearing in Abuja on Tuesday. The hearing was jointly organised…
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2018 Budget: Dogara remarks at NASS public hearing
It is my honour and privilege to welcome us all to this crucial Public Hearing on the 2018 National Budget, organized jointly by the Committees on Appropriation of the Senate and House of Representatives. This is the second in the series of National Annual budget Hearings put together by the National Assembly and I wish…
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2018 Budget: Saraki remarks at NASS public hearing
It is my pleasure to welcome you all to the Joint National Public Hearing on the 2018 Budget. When the first joint session took place last year, the conclusion was indicative of our intention to make this an annual event, and we are keeping to that resolve. In the 8th National Assembly, we believe that…