FTX founder Sam Bankman-Fried has been arrested in the Bahamas
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Naira slump, loans push public debt to N121tn
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Governor Lucky Aiyedatiwa of Ondo State has asked opposition parties to help him in developing the state. Aiyedatiwa made the call after the Independent National Electoral Commission (INEC) certified him...
Read moreDetailsPresident Bola Tinubu congratulated Governor Lucky Aiyedatiwa of the All Progressives Congress (APC) on his re-election in the Ondo State governorship election on Saturday. The President also praised the process's...
Read moreDetailsThe World Bank has reported that, amid rising inflation, low labour income has driven approximately 14 million Nigerians into poverty in 2024. According to its latest "Macro Poverty Outlook: Country-by-Country...
Read moreDetailsThe National Bureau of Statistics’ latest CPI report shows that Nigeria’s inflation rate climbed to 32.70% in September 2024, after moderate decreases over the prior two months, July and August....
Read moreDetailsNigeria’s food security crisis has intensified, with an additional one million people experiencing severe food insecurity in 2024 compared to last year, according to a recent World Bank report. The...
Read moreDetailsThe federal government is strategizing to expand the tax base by including more eligible individuals and entities. This will boost revenue and fulfil its obligations to citizens. It aims to...
Read moreDetailsNigeria's digital services have continued to thrive despite economic challenges, including reduced purchasing power, double-digit inflation, and high petrol prices. The information and communication sector saw a 101.80% increase in...
Read moreDetailsDangote Refinery is set to receive 12 million barrels of crude oil from the federal government next month, addressing a significant portion of the country's fuel needs. Aliko Dangote, CEO...
Read moreDetailsDangote Group President Aliko Dangote is urging the federal government to immediately end fuel subsidies. In a Bloomberg Television interview, Dangote argued that removing subsidies will reveal Nigeria's true petrol...
Read moreDetailsNigeria's external reserves have hit a 22-month high of $37.31 billion, boosted by significant foreign investment in Africa's largest economy. The efforts have yet to have a significant impact on...
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