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Tag: Nigerian Economy
Detty December: Are We Staying In Or Going Out?
Before we begin, let us just say that if you choose to stay home, we understand, as we would also be in the comfort of our beds updating you about…
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Does NERC need a prophet to know that electricity tariff hike is disadvantageous to the livelihood of the average Nigerian?
The steep poverty level an immense number of Nigerians live in, and the minimal steps set up to combat that reality means that a hike in the already financially constraining…
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Google is bringing shopping ads to websites, what does this mean for new media?
In a bid to contribute actively to Nigeria's rapidly growing commercial ecosystem, Google has just launched Shopping ads on Google Search to further improve the quality of consumers' experience with…
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Buhari advocates restructuring of economy through technology
President Muhammadu Buhari on Tuesday in Paris, France, said some fundamental restructuring of the Nigerian economy was required in the drive to address climate change in the country. He made…
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The Late 5: These are the stories that drove conversation today
These are the top five stories that drove conversation today 1. JONATHAN’S ADMINISTRATION INCREASED THE ACTIVITIES OF TERRORISTS – PRESIDENCY The Presidency says former president increased the “monster of terrorism”. 2. THE…
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Saraki’s trial stalled economic growth – Akpabio
Minority leader of the senate, Godswill Akpabio, says the trial of Senate President Bukola Saraki at the Code of Conduct Tribunal (CCT) slowed down the economy. Speaking on Thursday, Akpabio told his…
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Opinion: Re: Nigerian economy since 1999- myths, lies and data
by Uzoma Ngozi When will Nigeria come out recession? Who will deliver Nigeria? But for Nigeria to come out of this economic state, our leaders must speak and act in…
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Moses Ochonu: Bring back corruption – A critique of neoliberal anti-corruption rhetoric
Nigeria is gripped by the familiar anxieties of an economy in distress. This escalating crisis has demystified a president once thought capable of astute, if not magical, economic management. In…
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Manasseh Egedegbe: Recession is a word
by Manasseh Egedegbe Recession is a word. It is also a noun. It is a powerful noun that has thrown 4.6 million people out of jobs in a little over…
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‘A minister doesn’t have to know everything’ – Jibrin
Honourable Abdulmumin Jibrin has said that Minister of Finance Kemi Adeosun has what it takes to revive the Nigerian economy. The former chairman of the House of Representatives Committee on…
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Naira has fallen: The lambs remain silent
by Manasseh Egedegbe I was in the UK a few weeks ago. I bought bottled water from a store and I got a couple of coins as change. One of…
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Inflation hits 16.5%, highest in 11 years
Nigeria's inflation rate has increased to 16.5% in June, the highest in almost 11 years. This increase is presently making the task of the Central Bank of Nigeria, CBN, more…
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Opinion: Bukola Saraki… 365 days of law making, oversight and advocacy
By Wale Bakare Senate President, Dr. Abubakar Bukola Saraki on Thursday June 9, 2016 during plenary gave an account of his stewardship in the last 365 days alongside other senators…
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Niger Delta Avengers strike again… blow up Agip pipeline in Bayelsa
Niger Delta Avengers have hit another oil pipeline and this time it is the Obi Obi Brass Trunk line belonging to Agip in Bayelsa. The militant group, through its twitter account…
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Opinion: Opposing the proposed Communication Service Tax
by Constance Azuru The proposed Communication Service Tax (CST) Bill is creating ripples among telecommunication consumers, in particular, and the Nigerian landscape in general. The controversial Tax Bill has passed the…
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How State agencies and LGAs are gradually killing the Nigerian economy
The death knell has sounded for many businesses in Nigeria as a result of multiple taxation and the over-bearing attitude of many state and local government officials who go about…
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Memo to President Buhari on the Economy
Over two month now, President Buhari is yet to unveil his economic plan and policy direction in spite of growing concerns by investors and the business community. President Buhari need…
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No one is perfect but we’ve done a lot for the economy – Okonjo-Iweala
by James Sambo Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, says the efforts of the present government to manage the nation's economy and improve the…
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We must not lose hope in the Nigerian economy… Ngozi Okonjo-Iweala speaks
by Ngozi Okonjo-Iweala Ngozi Okonjo-Iweala vigorously championed the Excess Crude Account. There has been some attempts to make people feel that there is no hope; that this situation is so…
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Opinion: Today’s Monetary Policy Committee meeting – Matters arising
by Ifeanyi Uddin This is where the dark clouds begin to gather. If “appointment” in the first instance involved choice by the President, subject to the Senate’s confirmation, what constitutes…
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Opinion: Nigerians fear ‘jazzed up’ cash could spell deeper graft
by Heather Murdock As Nigeria revamps its currency to cut costs, streamline financial dealings and update its symbolic value, critics say the move will serve only to fuel corruption and…
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Opinion: Making a six-figure income in a depressed economy
by Sunny Elem If I would be given a chance to start all over again, I would choose network marketing,” Bill Gates once said. Now think for a while: why…
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Feyi Fawehinmi: We don’t need NOI to ‘watch’ our debt grow for us – we can see that from where we are sitting
Ngozi-Okonjo-Iweala I will be the last person and the President will also be the last person to subscribe to a situation in which we would pile up debts. - Ngozi-Okonjo-Iweala…
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Ngozi Okonjo-Iweala commences European tour … predicts up to 8% economic growth due to subsidy removal
By Hauwa Gambo The Minister of Finance, Ngozi Okonjo Iweala, has commenced a two-day, non-deal tour to update European investors on the political and economic position of Nigeria. As a…
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