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Economy, Latest Politics
Thursday, September 19th, 2019
Oby Ezekwesili, a former presidential candidate, on Tuesday, urged the newly constituted Economic Advisory Council to make it a priority to tell President Muhammadu Buhari, how he has allegedly mismanaged the economy. Speaking via her verified Twitter handle, Ezekwesili pointed out that theEconomic Advisory Council system was copied from the American presidential system. She also […]
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Economy, Latest Politics, Women Politics
Friday, September 13th, 2019
Why I entrusted women with nation’s treasury – Buhari By Ismaila Chafe President Muhammadu Buhari says placing women in strategic positions of his government, like the financial sector, is to ensure effective management of limited resources, and promote a stronger sense of inclusiveness. The president gave the insight into his preferred choice for Ministers of […]
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Economy, Latest Politics
Tuesday, May 14th, 2019
The Minister of Labour and Employment, Dr. Chris Ngige, recently revealed that the nation’s unemployment rate may reach 33.5 per cent in 2020. The minister who disclosed this in Abuja at a workshop on “Breaking the Resilience of High unemployment rate in the country” described the nation’s unemployment rate as ‘alarming.’ Latest figures from the […]
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Economy, Latest Politics
Thursday, January 17th, 2019
Juliana Taiwo-Obalonye, Abuja The National Economic Council (NEC) has resolved to take consultation on the new N30,000 minimum wage being demanded by the organised labour to the Council of State, meeting on Tuesday, the Minister of Labour and Productivity, Chris Ngige has revealed. This is even as governors have insisted that payment of the new minimum […]
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Economy, Latest Politics
Wednesday, December 26th, 2018
The Executive Secretary of the fund, Dr Abdullahi Baffa-Bichi said this during an interactive session with members of the Buhari Support Political Group, “One 2 Tell 10’’, on Wednesday in Kano. According to him, indices of growth and development are manifesting following the sound and excellent economic policy introduced by the administration of President Muhammadu […]
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Economy, Headlines, Naira (Currency)
Saturday, July 8th, 2017
The Naira on Friday suffered marginal loss against the dollar at the parallel market in spite of CBN’s intervention at the foreign exchange market. The Naira lost one point to exchange at N366, weaker than N365 traded on Thursday, while the pound sterling and the Euro closed at N468 and N412, respectively. At the Bureau […]
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Economy, Latest Politics, Naira (Currency)
Tuesday, May 9th, 2017
By Babajide Komolafe The nation’s external reserve on Monday dropped by $50 million, the first time in six weeks. Since March 28th, the external reserve has been on the upward trend rising from $30.3 billion to $30.983 billion Friday last week. Data posted by the CBN on its website show that the rising trend was […]
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Anthony A. Kila, Economy, Headlines
Wednesday, March 8th, 2017
60 Entrants make Longlist for 1 Million Naira Recession Essay Prize Lagos-based international Graduate School, CIAPS (The Centre for International Advanced and Professional Studies) has announced a the first set of results for its 2016 Public Interest Essay Competition aimed at studying the Nigerian Recession and finding solutions to it. According to a statement on […]
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Economy, Presidency
Tuesday, February 28th, 2017
The Presidency on Tuesday reacted to the review of the economy by the National Bureau of Statistics (NBS), saying the report indicated that the economy was coming out of recession. “There are now indications that the Nigerian economy is well on its way out of recession considering the 2016 overall and last quarter Gross Domestic […]
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Economy, Headlines, Naira (Currency)
Tuesday, February 28th, 2017
The naira continued to regain strength and appreciate in value in the parallel market on Tuesday as it was sold for N425 to a dollar.However, it was N450 to a dollar at the close of transactions on Monday. A survey carried out by the News Agency of Nigeria (NAN) on Tuesday at the Bureau De […]
