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Nigeria’s Debt Soars To N87.38tn, 75% Increase In Three Months

By Ayo Yusuf Nigeria’s total public debt hit N87.38tn at the end of the second quarter of 2023, the Debt Management Office has said. The figure...

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FG, TCN Explain Grid Collapse As Angry Nigerians, Experts Demand System Change

By Ayo Yusuf As the federal government blamed yesterday’s power grid collapse which resulted in outages all over the country on a fire outbreak, Nigerians...

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Subsidy: Why We Approved $800m Loan For Buhari In 2021 – World Bank

The World Bank has explained the nature of the $800 million loan granted to the immediate past administration of Muhammadu Buhari by the bank...

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How Africa Can Become First Truly Green Civilization — Osinbajo

NSIA, Vitol sign $50M carbon avoidance & removal initiative in Nigeria Stakeholders commend VP’s leadership on Energy Transition Plan Given Africa’s status as...

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FG Covertly Okays N185 Petrol Pump Price Amid Biting Scarcity

The Federal Government has quietly approved N185 per litre as the new price for Premium Motor Spirit (PMS), also known as petrol, according to...

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Defence, Security Sectors Get 13.4% of 2023 Budget

The Defence and Security sectors have been allocated N2.98 trillion or 13.4 per cent of the 2023 budget. Mrs Zainab Ahmed, the Minister of Finance,...

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DMO Counters Bloomberg, Says Nigeria Not Planning To Restructure Debt

The Debt Management Office (DMO), says contrary to reports by U.S. based financial, software, data and media company, Bloomberg, Nigeria has no plans to...

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