Tag: Economy
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Nigeria’s economy back on track – Budget Minister
Sen. Atiku Bagudu, the Minister of Budget and Economic Planning, says the President Bola Tinubu administration has implemented bold reforms that have positioned the nation’s economy for sustained recovery and growth, despite short-term pain.
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Tinubu did not create economic problem we face – Eno
President Bola Tinubu did not create the economic challenges currently affecting Nigeria, says Gov. Umo Eno of Akwa Ibom. He stated on Tuesday while speaking to State House correspondents after meeting Vice-President Kashim Shettima at the Presidential Villa, Abuja.
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Reforms: FG launches digital portal to enhance transparency, accountability in public procurement
The Federal Government, on Wednesday, launched the National Procurement Certification Portal, NPCP, to enhance effective and transparent utilisation of public finance to broaden economic development in the country. The NPCP, which is a World Bank sponsored project, is the initiative of the Bureau of Public Procurement, BPP, under the leadership of its new Director General,…
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OLUWASEUN ADESANYA: Is Financial Inclusion Still Relevant in Nigeria’s Financial Ecosystem?
By Ouwaseun Adesanya Nigeria, Africa’s largest economy, is home to over 220 million people, yet millions remain financially excluded. Despite technological advancements and the rise of fintech players like Moniepoint, Palmpay, Opay, and others, financial inclusion remains an unresolved challenge. The question is: Is financial inclusion still relevant in Nigeria’s financial ecosystem, or has the…
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Nigerian professionals will return as economy improves – Tinubu
President Bola Tinubu on Monday said human capital flight could be reversed by improving the economy, developing bottom-up policies that addressed needs, and deepening citizens’ collective sense of ownership. President Tinubu, who inaugurated the Planning Committee for the National Youth Conference at the State
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Security vital for economic growth, social stability, devt – Oborevwori
Delta State Governor, Hon. Sheriff Oborevwori, Tuesday, said the security of lives and property remained a top priority of his administration. He said this was because safety and security are essential for enduring economic growth, social stability and wholesome development. Governor Oborevwori stated this in his remarks during the unveiling and handover of Criminal data…
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Naira continues to nosedive against Dollar at Black Market
The Naira has continued to slide further against the dollar at the parallel foreign exchange market on Thursday. A Bureau de Change operator in Wuse Zone 4, Abuja, Abubakar Alhasan, said that the Naira dropped to N1500 per dollar on Thursday from N1490 exchanged on Wednesday. This showed that the Naira fell by N10 against…
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$20bn extra needed yearly to achieve economy target – Edun
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, says the country needs to invest 20 billion dollars to achieve the economic targets by 2027.
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Trust and economic recovery – By Dakuku Peterside
Nigeria’s economy is charting a course from the tempestuous waters of the “Red Zone,” a realm of acute instability filled with uncertainty and wavering hope. Now, it navigates the “Amber Zone,” a twilight of cautious recovery, where the faint glow of progress meets the shadows of persistent challenges. Yet, the horizon beckons with the promise…
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Nigeria economy to rebounce in months – Shettima
Vice-President Kashim Shettima says the nation’s economy has started improving and it will rebounce in the coming months Shettima gave the assurances on Saturday during the launch of the Nasarawa State Human Capital Development Strategy Document & Gender Transformative Human Capital Development Policy Framework held in Lafia, the state capital.