Economy

Economy

Only 6 States Are Viable In Nigeria- Report

Only 6 States Are Viable In Nigeria- Report   The 2019 Annual States Viability Index, ASVI, released on Sunday by Economic Confidential, showed that only six states in the federation…

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Economy

 ‘Why There Is Reduction In Our 2020 Budget’

‘Why There Is Reduction In Our 2020 Budget’ Gov. Abubakar Sani-Bello of Niger has attributed the revised 2020 budget to the outbreak of the COVID-19 pandemic that has had a…

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Economy

FG Proposes N11.86trn Budget For 2021

FG Proposes N11.86trn Budget For 2021   The Federal Government, Friday, proposed an expenditure of N11.86 trillion for the 2021 budget, representing a 9.7 per cent increase when compared with…

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Economy

Buhari Wants Nigeria’s Quick Exit From Under-development

Buhari Wants Nigeria’s Quick Exit From Under-development   President Muhammadu Buhari Tuesday in Abuja appreciated the outstanding support and guidance provided by the Presidential Economic Advisory Council (PEAC) which he…

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Economy

FG To Create, Save 5m Jobs From Post-COVID-19 Economic Plans- Minister

FG To Create, Save 5m Jobs From Post-COVID-19 Economic Plans- Minister   The Federal Government on Thursday said it will create and save no fewer than five million jobs from…

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Economy

NNPC To Deepen Business Portfolios In Power, Medical, Others

NNPC To Deepen Business Portfolios In Power, Medical, Others As part of measures to cope with the boom and bust cycle in the global crude oil market and to sustain…

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Economy

Nigeria’s Rising Debt Unsustainable, CDD Tells Buhari

Nigeria’s Rising Debt Unsustainable, CDD Tells Buhari   The Centre for Democracy and Development (CDD) has cautioned President Muhammadu Buhari against plunging the nation into further debt, saying the continuous…

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Economy

Central Bank Cuts Key Interest Rate

Central Bank Cuts Key Interest Rate   Nigeria’s central bank on Thursday cut its key interest rate to its lowest level since 2016 as the country struggles to limit the…

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Economy

Oil Price Rebound, Improves Investors’ Patronage

Oil Price Rebound, Improves Investors’ Patronage   The rebalancing in the oil market, which has resulted in a 94 per cent rebound in crude prices, added to enhanced institutional investors’…

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Economy

Nigeria Heading Towards Another Recession- Finance Minister

Nigeria Heading Towards Another Recession- Finance Minister Nigeria’s finance minister Zainab Ahmed on Thursday predicted that coronavirus pandemic and falling oil prices may lead the country into another recession. “The…

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Economy

Lagos Moves To Review N1.169Tn, Y2020 Appropriation Bill

Lagos Moves To Review N1.169Tn, Y2020 Appropriation Bill Lagos State Executive Council has approved a revision of the state’s Y2020 budget to help mitigate the economic and social upheavals precipitated…

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Economy

CBN Cushioning COVID-19 Impact On The Economy

CBN Cushioning COVID-19 Impact On The Economy The year 2020 started on a brighter and prospective note for Nigeria and Nigerians, with the expectation of increased economic activities, arising most…

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