Doubts as Nigeria negotiates debt relief with World Bank, IMF

Permanent Secretary, Ministry of Finance, Aliyu Ahmed (left); Minister of Finance, Zainab Ahmed; Governor, Central Bank of Nigeria, Godwin Emefiele; Deputy Governor, Economic Policy, Central Bank of Nigeria, Dr Kingsley Obiora; and Director, Monetary Policy Central Bank of Nigeria, Dr Hassan Mahmud at the on-going yearly meetings of the International Monetary Fund and World Bank […]

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IMF downgrades Nigeria’s growth prospect amid pessimism, tension

The International Monetary Fund (IMF) has downgraded Nigeria’s economic growth prospect by 0.2 percentage points to 3.2 per cent in the face of rising uncertainty across the globe. In its October World Economic Outlook (WEO) update released yesterday, the Fund projected the country’s gross domestic product (GDP) to grow at 3.2 per cent this year […]

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Budget deficit: Operators warn as FG’s borrowings undermine real sector

President Muhammadu Buhari during the presentation of the 2023 budget to the joint session of the National Assembly in Abuja; Photo: Philip Ojisua; Infographics: Olakunle Olaniyi Borrowing plan will aggravate economic woes, experts warn Stakeholders skeptical on manufacturing sector growth prospects Operators urge FG to channel funds to productive activities Excessive government borrowing from the […]

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2023 budget spurious, filled with unrealistic targets, say experts

Photo: Philip Ojisua; Infographics: Olakunle Olaniyi Fiscal Deficit Grows By 400 Per Cent Since Buhari’s First Appropriation FG Risks More Funding Crisis As Debt Marker Dries Up Estimates Contradict Economic Realities — Adonri Deficit, Debts Could Cripple Economy — ACCI With Friday’s presentation of the 2023 Appropriation Bill, President Muhammadu Buhari may have set the […]

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Nigeria at 62: Leaders pray for peace, unity, progress

Speaker, House of Representatives, Femi Gbajabiamila (left); President of the Senate, Ahmad Lawan; wife of the Vice President, Mrs. Dolapo Osinbajo; Vice President Yemi Osinbajo; President Muhammadu Buhari; his wife, Aisha; former President Goodluck Jonathan; Minister of Defence, Maj. Gen. Bashir Magaji (rtd.); Chief of Army Staff, Lt. Gen. Farouk Yahaya; Chief of the Air […]

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Independence anniversary: Fedpoly, Ile Oluji rector, Fasakin says Nigeria will be great

The rector of the Federal Polytechnic, Ile Oluji, Ondo State, Prof Adedayo Fasakin, has assured that with the collective resolve of all her citizens, Nigeria would surmount her present challenges and be truly great as the most populous black nation on earth. This was contained in his anniversary greeting, titled “Happy 62nd Independence Anniversary To […]

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Buhari addresses United Nations General Assembly – Full Speech

President Muhammadu Buhari addressing UNGA77 President Muhammadu Buhari on Wednesday, addressed the 77th United Nations General Assembly in New York. Following is his full speech: Mr. President, On behalf of the Government and people of Nigeria, I congratulate you on your well-deserved election as President of UNGA77. I assure you of the full support and […]

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Osinbajo off to London for Queen Elizabeth II’s funeral

Vice-President Yemi Osinbajo on Saturday departed Abuja for London, UK, to represent Nigeria at the state funeral for the late Queen Elizabeth ll. His spokesman, Laolu Akande, in a statement, said the vice-president would join members of the Royal Family and other world leaders at a number of events lined up for funeral. Commonwealth Heads […]

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Why we chose to become Nigerians – Foreigners

The 286 foreigners who were conferred with Nigerian citizenship on Thursday have explained why they chose to become Nigerians at a time the country is going through some challenges. As reported by NAN, 208 of them were conferred citizenship status by naturalisation and the remaining 78 by registration. A German businessman, Mr Hubertus Diers, explained […]

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The next President Nigeria needs – Jonathan

Former President Goodluck Jonathan has counselled Nigerians to elect someone who would take Nigeria as a project and not compromise the interest of the country for personal aggrandizement. Fielding questions from newsmen at the Uphill residence of former Head of State, General Abdulsalam Abubakar after a courtesy visit, Jonathan advised Nigerians, especially the youths to […]

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