Tag: Nigeria
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Cabinet Revision: Realism versus Expectations – By Dakuku Peterside
Nigeria is in the grip of a severe economic crisis, with high inflation, volatile exchange rates, and a steep rise in the cost of living. The inflation rate, which soared to over 30% in the second quarter of 2024, has put
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Don’t leave Nigeria for greener pastures – Kumuyi
The General Superintendent of Deeper Christian Life Ministry, Pastor William Kumuyi, has urged Nigerians, particularly the youth, not to flee the country in search of greener pastures abroad.
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Corruption is a major challenge in Nigeria – Ndume
Sen. Ali Ndume (APC-Borno) has decried the level of corruption in Nigeria, saying the trend is a major challenge facing the nation. Ndume stated this during an interactive session with newsmen in Kano on Saturday.
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An epidemic of downward mobility – By Chidi Amuta
It is a sort of sinking feeling. Something like an uncontrolled slide into a dungeon down a slippery slope. You seem trapped as you descend into a hellish pit out of which you are powerless to climb out. The descent is often propelled by a force beyond your control. Government. The IMF. The World Bank.…
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External reserves reach 22-Month high To $37.31bn — CBN
Nigeria’s external reserves have reached a 22-month high of $37.31bn, reflecting significant foreign inflows into the economy of the country.
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How country? (2024) – By Chidi Amuta
It is that time of the year again for our ritual roadside assessment of the state of the nation from the perspective of the common folk . It is the last quarter of the year, that time of the year when nearly every Nigerian household takes stock of their fortunes in the year that is…
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I didn’t come to look for money– Tinubu
President Bola Tinubu has assured Nigerians that his administration is focused on delivering tangible results and making a positive difference in the nation’s infrastructure, food and energy security, education and long-term economic stability.
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FG reels out activities for 64th Independence Day celebration
The federal government of Nigeria has reeled out activities to mark the 64th Independence Day anniversary celebration, which will commence with a World Press Conference on Thursday, 26th September 2024.
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Nigeria is technically bankrupt – Gov Obaseki
The Edo State Governor, Godwin Obaseki, has said Nigeria is technically bankrupt. Obaseki made this statement during an interview on the Channels Television programme Politics Today on Thursday evening. He explained that the country neither had enough nor earned enough to cover its expenditure, adding that government spending was also not decreasing.
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Coca-Cola pledges $1bn investment in Nigeria as Tinubu promises financial reforms
President Bola Tinubu has said his administration’s commitment to creating a robust financial system and a business-friendly economy that will attract more foreign direct investments.