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Thursday, August 22, 2019

NBS: MSMEs generated 60 million jobs in 2017

The National Bureau of Statistics (NBS), has put the quantum of jobs created by Micro, Small and Medium Enterprises (MSMEs) at 59,647,954 jobs as of December 2017, stressing...

Egypt annual inflation slows to 9.4 per cent

Egypt’s annual urban consumer price inflation eased to 9.4 per cent in June from 14.1 per cent in May, official statistics agency, CAPMAS, said on Wednesday. Analysts said the...

Zainab Ahmed: VAT to climb to 7.5 percent by 2020

In government’s desperate efforts to raise non-oil revenues, the former Minister of Finance, Mrs Zainab Ahmed, has said that the value-added tax (VAT) will increase from the current...

Nigeria Loses 43% Of Foreign Investment In One Year – UN Report

The United Nations’  ‘World Investment Report’ has revealed that foreign direct investment in Nigeria has dropped by 43 per cent to $2bn. That was desire the rise in foreign investment...

President Buhari urged to improve economy, security

Two days after President Muhammadu Buhari took oath of office for his second term of office, Chudi Nwokediuto, a lawyer and the founding chairman of Amalgamated Bakery International...

Nigeria Is Not World Poverty Capital ~ Economist

Nigeria is not the poverty capital of the world, says Dr Abiodun Adedipe, an economist and member of the Nigerian Economic Summit Group. Adedipe, also a management and financial consultant,...

NLC Urges Government To Create More Employment Opportunities

The Chairman of the Nigerian Labour Congress, Jigawa chapter, Malam Sunusu Alhassan, has urged the State and Federal Governments to create more employment opportunities for the teeming unemployed youths. Alhassan...

RATTAWU Urges FG To Stimulate Economy Through Tourism

The Cultural Trade Group under the aegies of the Radio, Television, Theatre and Arts Workers Union of Nigeria (RATTAWU) has urged the Federal Government to fund tourism in order...

Nigeria’s Economy Slipping ~ World Bank

The World Bank has said that the Nigerian economy has been slipping since 1995 and this continued till 2018. The bank, in its latest report on the regional economy titled,...

Buhari’s 4 Years Of Governance Was Very Discouraging ~ Bloomberg

An international newspaper has expressed disappointment in the performance of President Muhammadu Buhari in the last four years.

FG acted wisely on AfCFTA consultation Agreement — Afreximbank boss

Prof. Benedict Oramah, President of Afreximbank, says the Federal Government acted wisely in broadening consultation as regards the signing of the African Continental Free Trade Area agreement. Oramah said this...

Naira Depreciates Against Dollar And Other Currencies…See Latest Exchange Rate

The Naira yesterday depreciated to N362.03 per dollar in the Investors and Exporters (I&E) window. Data from FMDQ showed that the indicative exchange rate for the window rose to...

Post-Brexit Trade Pact: UK Approaches Gulf Countries ~ UAE Minister

Britain has approached the United Arab Emirates (UAE) and other Gulf countries on a possible trade pact after Britain leaves the EU, the UAE economy minister said on Monday. Speaking...

2019 Top 10 African Fastest Growing Economies

The International Monetary Fund and African Development Bank have both predicted that Africa’s overall growth will improve in 2019 and 2020. According to the IMF, there will be a 6%...

Ayo Fayose Left N155 Billion debt, says Gov. Fayemi

Ekiti State Governor, Dr. Kayode Fayemi, on Thursday said former governor Ayodele Fayose left a total debt profile of over N155.79 billion for the state. This is as the governor...

Italy Wants EU Sanctions On France For Creating Poverty In Africa

France has summoned Italy's ambassador after the Italian deputy prime minister accused the French of exploiting Africa and fuelling migration. On Sunday, Luigi di Maio called on the European Union...

Accept Made In Ghana Goods, Diplomat Pleads With Nigerians

A Ghanaian diplomat, Mr. Sintim Asare-Barimah, on Tuesday pleaded with the Nigerian government to put policies in place to facilitate the acceptance of more Ghanaian goods in Nigeria. Asare-Barimah told...

BREAKING: National Council Of State Approves N27,000 As New Minimum Wage

The National Council of State has approved N27,000 as the minimum wage for the country The council approved the amount at its meeting in Abuja on Tuesday. Following the Council’s approval,...

Osinbajo Launches Tradermoni In Ekiti, Urges Re-Election Of Buhari

Vice President Yemi Osinbajo on Monday flagged off the federal government’s ‘Tradermoni’ describing the scheme as “one of the major policies of President Muhammadu Buhari’s government to empower the...

TraderMoni Will Erase Poverty In Nigeria ~ Osinbajo

Nigeria’s latest micro-credit schemes, TraderMoni and MarketMoni, are among the initiatives to incrementally lift Nigerians out of poverty, Vice President Yemi Osinbajo, has explained. The Vice President stated at interactions...


Ibi Residents Lament Wadume’s Arrest, Say They Will Miss His ‘Generosity’

The residents of Ibi, the hometown of the suspected kidnap kingpin, Wadume have said they will miss the man following his arrest.

BBNaija: What I Would Have Done To Tacha, Ike, Khafi – Omashola (Video)

The housemates were nominated after the 'Cruistopia team' were defeated during the arena game challenge.

54-year-old Father Confesses After Sleeping With Daughter In Lagos

Security operatives have apprehended a man who has been sleeping with his daughter following the death of his wife.


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