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Economy

Real Reason Nigeria is Borrowing To Finance Budgets, Prince Adewole Adebayo, SDP Presidential Aspirant Reveals

I have waited all my adult life, looking for one president that I can serve. Since 1999, I am yet to meet the president who is traveling the direction I want the country to go.  Prince Adewole Adebayo Prince Adewole…

Poor Electricity Supply: FG Lists 6 Measures Taken to Restore Normal Supply Nationwide

Amid acute petrol scarcity in most parts of the country and increased electricity tariff, the Federal Government of Nigeria has said it has taken several steps “towards the restoration of normal supply of electricity nationwide.” The national grid suffered shutdowns…

GIIIF Partners AFRIEF, Set to open Up African Impact Investment Opportunities to Islamic Economies Globally

The Global Islamic Impact Investment Forum (GIIIF) has announced its partnership with the Africa Islamic Economic Foundation (AFRIEF). AFRIEF is an independent development organization that provides distinctive Islamic perspectives on economic development and social issues as a solution framework for…

Explosion Ignites Fire Outbreak At Finance Ministry Building In Abuja

An explosion has ignited a fire outbreak which has gutted part of a building at the Federal Ministry of Finance located in the Central Business District, Abuja. The details are sketchy as journalists were restricted access to the building while…

Minister Speaks On Value Chain of Establishing Mining Clusters

The Minister of Mines and Steel Development, Arc Olamilekan Adegbite has spoken on the value chain of establishing Mining Clusters in the six (6) geopolitical zones of Nigeria. According to him, it will boost the productivity of Artisanal and Small…

NNPC Reassures Nigerians on Fuel Supply

…Promises Remedial Action on Defaulting Importers The Nigerian National Petroleum Company (NNPC) Limited has reassured Nigerians of its capacity to restore sanity in the supply and distribution of quality Premium Motor Spirit (PMS) also known as petrol across the country…

FG Set To Complete Kano Gold Souk

The Buhari Admintration has assured it would complete the on going Kano Gold Souk before the end of the year 2022. The Minister of Mines and Steel Development, Arc Olamilekan Adegbite made this known on Tuesday in Kano while inspecting…

Egbin Fire: TCN Explains Load Shedding in Lagos

Transmission Company of Nigeria (TCN) has reacted to ongoing load shedding in the Lagos axis. The company explained on Saturday in a statement signed by its General Manager, Group Public Affairs, Ndidi Mbah, that the power fluctuations “is as a…

Export And Sell In USA Assures Nigerian Exporters A Stress Free Exportation To The USA

Export and Sell In USA has assured exporters a stress free exportation of Nigeria products into the United States of America (USA), adding that the organisation would provide warehouses and help register the products on Amazon for wider target market….

EFCC Opens Up on Details of 2021 Recovered Funds

The Economic and Financial Crimes Commission (EFCC) has given details of its recovered funds in 2021, saying that the sum of N152, 088,698,751.64, (One Hundred and Fifty-two Billion, Eighty-eight Million, Six Hundred and Ninety-eight Thousand, Seven Hundred and Fifty-one Naira,…