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Obi Raises Alarm: Nigeria’s N187tn Debt Is a Ticking Time Bomb

Labour Party’s 2023 presidential candidate, Peter Obi, has raised fresh concerns about Nigeria’s ballooning debt profile, describing the N187 trillion debt stock as "unsustainable...

Textile Comeback: FG Plots Revival of Kaduna Industry – Akume

The Federal Government has revealed plans to revive the defunct Kaduna Textile industry in a renewed push for national industrialization and economic diversification. Secretary...

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Obi Raises Alarm: Nigeria’s N187tn Debt Is a Ticking Time Bomb

Labour Party’s 2023 presidential candidate, Peter Obi, has raised fresh concerns about Nigeria’s ballooning debt profile, describing the N187 trillion debt stock as "unsustainable...

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Obi Raises Alarm: Nigeria’s N187tn Debt Is a Ticking Time Bomb

Labour Party’s 2023 presidential candidate, Peter Obi, has raised fresh concerns about Nigeria’s ballooning debt profile, describing the N187 trillion debt stock as "unsustainable...

IMF Keeps Nigeria’s Growth Forecast at 3.4% After GDP Rebase

The International Monetary Fund (IMF) has maintained its projection of a 3.4 percent real GDP growth rate for Nigeria in 2025, despite the National...

Textile Comeback: FG Plots Revival of Kaduna Industry – Akume

The Federal Government has revealed plans to revive the defunct Kaduna Textile industry in a renewed push for national industrialization and economic diversification. Secretary...
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Dollar Rises in Asia Amid Trade Deal Optimism

The US dollar gained ground across Asian markets on Tuesday, buoyed by renewed optimism over potential international trade agreements aimed at circumventing the aggressive...

Protest Erupts Over VeryDarkMan’s Arrest

The arrest of VeryDarkMan has sparked widespread outrage, with many expressing concerns about the alleged collaboration between GTBank and the EFCC. The protest highlights...

Trade Tensions Hit Naira, Oil Prices – Report

Rising geopolitical tensions in the global trade arena, particularly between economic superpowers the United States and China, have sent ripples through Nigeria’s economy. According...

Naira Printing Costs Surge by 306% Amid Rising Production Expenses

The Central Bank of Nigeria (CBN) spent a staggering N315.18 billion on currency issuance in 2024, representing a 306% surge compared to N77.67 billion...

OPEC and Allies Plan Oil Output Increase – Report

In a bold move aimed at reasserting discipline among member nations, the Organisation of the Petroleum Exporting Countries and its allies, known collectively as...

Dangote: Cabals Still Sabotaging Our Refinery Efforts

Africa’s richest man and President of Dangote Group, Alhaji Aliko Dangote, has raised fresh concerns over ongoing sabotage attempts against his $20 billion refinery...

13 Abducted Workers Found dead in Peruvian mine

After intense search efforts, the police rescue team was able to recover the bodies of the 13 workers who were kidnapped The bodies of 13...

Ex-NNPCL boss Mele Kyari Dismisses Arrest Rumors

The claim that I was in the custody of the Economic and Financial Crimes Commission, EFCC is clear mischief and a calculated attempt by...

Naira Falls Against Dollar at Official Exchange Market

Nigeria’s local currency, the naira, further weakened against the United States dollar at the official foreign exchange (FX) market on Friday, closing at ₦1,602.18...