A group, the Concerned Citizens of Nigeria (CONCON), has stated that the continued ban on sachet alcoholic drinks in Nigeria will affect the nation’s economy. Speaking at a press briefing in Abuja on Wednesday, the President of CONCON, Peter Harry said if the continued ban is not lifted, it will render a lot of people […]
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President Bola Tinubu has officially signed the National Anthem Bill 2024 into law, reverting Nigeria’s national anthem to the original “Nigeria, We Hail Thee.” This announcement was made by Senate President Godswill Akpabio during a joint session of the National Assembly commemorating the Silver Jubilee of Nigeria’s 4th Republic on Wednesday. President Tinubu, who attended […]
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The Nigerian currency, the Naira, experienced a positive shift in the parallel market, strengthening to ₦1,375 per dollar compared to ₦1,500 per dollar on Tuesday. However, in the Nigerian Autonomous Foreign Exchange Market (NAFEM), the Naira depreciated to ₦1,339.33 per dollar. According to data from FMDQ, the indicative exchange rate for NAFEM increased to ₦1,329.65 […]
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The leader of Rescue Movement for New Nigeria, the Rescue The Vulnerable Initiative, Faduri Oluwadare Joseph Fadojoe, has called on President Bola Ahmed Tinubu to check his policies because the way things are going coupled with the ailing economy of the nation, the Nigerian people are not happy. “People are dying on the street, Nigerians […]
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The Peoples Democratic Party (PDP) has described President Bola Tinubu’s All Progressives Congress-led administration’s first year in office as the most challenging in Nigeria’s history since the Civil War. The President, who took office on May 29, 2023, with renewed hope for Nigeria, will mark his first year in office on Wednesday. In a statement […]
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Our correspondent, who was at the mini palace on Tuesday, observed the presence of stern-looking armed soldiers and policemen around the mini palace. The court presided over by Justice Amina Adamu Aliyu on Monday had directed the police to evict him from the mini palace at the state road. This legal tussle followed a Federal […]
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Bola Tinubu, President of Nigeria will be addressing the nation to give an update on his administration and to celebrate 25 years of Nigeria’s democracy. The speech will be given from the National Assembly during a joint meeting with the two chambers of legislation on Wednesday to mark 25 years of uninterrupted democracy in the […]
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Nigerians are turning to locally-used vehicles as soaring prices make imported cars unaffordable in a country grappling with the worst cost of living crisis in decades. Multiple car dealers told BusinessDay that demand for locally-used cars has surged because the naira devaluation has made importation more expensive. The naira has weakened by as much as […]
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IMF data from April 2024 reveals that the countries identified as the poorest a decade ago in 2015, based on GDP per capita, remain largely the same today. Despite increases in their GDP per capita, these nations have not managed to escape the ranks of the world’s poorest, still contending for the undesirable title. The […]
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President Bola Tinubu, on Sunday in Lagos, flagged off the construction of the 700km Lagos-Calabar Coastal Highway, as well as the Sokoto- Badagry expressway, with the assurance that the project will be abandoned. Tinubu who noted that both projects, would revolutionize public transportation in Nigeria and bolster the unique economic strength of each zone, when […]
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