Stories Tagged: Nigeria

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Data Centers in Nigeria: Growth Amid Rising Costs and Challenges

The Middle East Data Center Construction Market is projected to reach $4.39 billion by 2029,... (5 revisions)

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Can Nigeria Secure $20 Billion Annually for Economic Growth?

On December 21, 2024, Wale Edun, Nigeria's Minister of Finance, reiterated the urgent need for... (20 revisions)

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Visionary CEOs Transforming Nigeria's Economic Landscape in 2024

In 2024, several visionary CEOs have emerged as key players in shaping Nigeria's economic... (8 revisions)

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Nigeria Receives 11,200 Doses of Mpox Vaccine Amid Global Efforts

In a significant development in the global fight against mpox, Gavi, the Vaccine Alliance,... (11 revisions)

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Polo Tournament Highlights Economic Potential of Sports in Nigeria

During the National Carnival Polo Tournament held on December 21, 2024, at the Guards Polo Club... (11 revisions)

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Chemical Engineers Call for Reduction in Cost of Governance in Nigeria

The Nigerian Society of Chemical Engineers (NSChE) has called on Nigerian leaders to reduce the... (1 revisions)

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The Impact of Economic Contraction on Joinery Companies in Nigeria

The shrinking economy of Norway serves as a reminder of the interconnectedness of economies and... (1 revisions)

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The Rise of 'Populimobism': Causes and Implications for Nigerian Youth

A new study report by Chain Reactions Africa has revealed the causes of a new variant of... (1 revisions)

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Addressing the Inconsistent Growth in Nigeria's Interior Business

John Bassey, CEO of Bassbi Interior, discusses the challenges and measures for improvement in... (2 revisions)

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Tantita Security Services Supports President Tinubu's Victory and Pledges Assistance in Securing Crude Oil Pipelines

The management and entire team of Tantita Security Services Limited (TSSL) congratulated... (2 revisions)

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CBN Supports Banks to Launch Stablecoin - cNGN: A Transformative Step for Nigeria's Financial Sector

In a transformative step for Nigeria's financial sector, the Central Bank of Nigeria (CBN) has... (2 revisions)

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TMT Travels Plans Major Investment Boost in Nigeria's Travel Sector

TMT Travels and Tours Limited, led by CEO Ifeanyi Onukwubiri, has announced plans to increase... (3 revisions)

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Nigeria's Fuel Subsidy Removal: Economic Impacts and Future Prospects

In Nigeria, the ongoing debate surrounding the removal of fuel subsidies has gained momentum... (3 revisions)

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Enhancing Campus Security: Madison Central High School, Lafayette College, Widener University, and Western Delta University Take Action

Madison Central High School, Lafayette College, Widener University, and Western Delta University... (3 revisions)

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Facebook's New Tools for Nigerian Creators: Aiming to Attract Gen Z

In a bid to attract younger users, Facebook has announced a series of updates aimed at enhancing... (3 revisions)

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Tech Innovator Ahmad Bazzi Revolutionizes Wireless Communications and Robert Kahn's Contributions to the Internet

Zain Group, a leading provider of innovative technologies and digital lifestyle communications... (3 revisions)

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IBPLC Empowers 1,000 Retailers to Drive Entrepreneurship and Economic Growth in Nigeria

International Breweries Plc (IBPLC) has launched its 2024 Retailer Development Programme (RDP),... (4 revisions)

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Is the Future of Economies Shifting Towards Informality?

The informal economy is gaining attention as a significant contributor to employment and GDP,... (4 revisions)

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The Enduring Legacy of Chinua Achebe, Wole Soyinka, and Erelu Fayemi: Reflections on Leadership, Activism, and Impact through Writing

Chinua Achebe, a renowned Nigerian author, continues to inspire and provoke thought even after... (4 revisions)

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Addressing Ownership Disputes and Ensuring Buyer Protection in Makati City, Taguig City, and Boracay Island

In different regions of Nigeria, there have been concerns about maintaining stability and... (4 revisions)

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How Economic Challenges are Reshaping Nigeria's Auto and Motorcycle Industries

Nigeria is currently grappling with significant economic challenges, including high inflation... (5 revisions)

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China's Belt and Road Initiative in Nigeria and Guinea-Bissau: Deepening Bilateral Ties and Expanding Infrastructure Development

China's Belt and Road Initiative (BRI) continues to make significant contributions to... (5 revisions)

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Pension Fund Assets in Nigeria Increase by N3.37tn in 2023, Agip Pensioners Demand Entitlements

The Contributory Pension Scheme (CPS) in Nigeria experienced a significant increase in fund... (5 revisions)

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Biden Administration Strengthens Global Health Security Amid Ongoing Challenges

On December 12, 2024, President Biden and Vice President Harris unveiled the final annual global... (5 revisions)

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How Nigeria's Economic Slowdown Impacts West Africa's Growth

West Africa's economic growth has faced a setback, with output growth declining to 3.5% in 2023,... (5 revisions)

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The Evolution of NASD: From Crisis to Capital Gains

The NASD (National Association of Securities Dealers) is an over-the-counter (OTC) stock... (5 revisions)

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Promoting Yoruba Language and Culture: Apostle Abayomi Oduneye's Mission

Apostle Abayomi Oduneye, founder of Harvest Point Ministry in Houston, Texas, is on a mission to... (5 revisions)

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Starlinger & Co. and BUA Group Forge New Manufacturing Partnership in Nigeria

On December 8, 2024, Starlinger & Co. Limited announced a significant investment in Nigeria... (5 revisions)

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NICO Urges Nigerians to Support Locally Made Products Amid Economic Challenges

In a bid to revitalize the Nigerian economy and promote Nigerian culture, there has been an... (5 revisions)

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Public Participation Crucial for Nigeria's Security, Says CDS

During the 48th annual national conference of the Muslim Elders Association of Nigeria held in... (6 revisions)

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WM Phoenix Open Recognized as Largest Zero Waste Sporting Event

Oil prices experienced volatility amidst uncertainty in the Middle East [71753882]. Traders are... (6 revisions)

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Indomie Noodles Reduces Prices in Response to Economic Improvement in Nigeria

In response to the noticeable improvement in Nigeria's economy, Dufil Prima Foods Ltd., the... (6 revisions)

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Geely Relaunches in Nigeria with Coscharis Motors Partnership

Geely Auto International Corporation has made a significant move by appointing Coscharis Motors... (7 revisions)

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NACCIMA and OPS Warn Against Arbitrary Taxation's Economic Threats

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) and... (7 revisions)

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Seplat Energy Donates STEAM Labs to Schools in Benin City, Nigeria

Japan and Nigeria are both taking steps to reshape their education funding landscapes, promote... (7 revisions)

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Elon Musk's Tesla Seeks Remote Workers from Nigeria and Beyond

In a recent announcement, Elon Musk's Tesla is actively seeking remote workers from Nigeria and... (7 revisions)

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NCPC Boss Declares Zero Tolerance for Abscondment of Pilgrims

Vice President Kashim Shettima has urged the newly appointed Board of the Nigerian Christian... (7 revisions)

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Eko Hotels: Transforming Hospitality and Economic Growth in Lagos

Eko Hotels, a prominent establishment in Lagos, is redefining the hospitality landscape in... (7 revisions)

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Nigerian Firm Partners with Foreign OEMs to Establish Local Drone Assembly and Production Line, Revolutionizing Aerial Imagery with DJI Mavic 3 Enterprise

An indigenous Nigerian firm, Elites Group of Companies, has partnered with foreign Original... (9 revisions)

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Nigeria's Defiance: Standing Firm Against Trump's BRICS Threats

In a bold move, the Federal Government of Nigeria has publicly defied threats from... (9 revisions)

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Senate Emphasizes Executive Role in Early Passage of 2025 Budget

The Nigerian Senate has stated that the early passage of the 2025 budget hinges on the diligence... (9 revisions)

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Developing Countries Should Consider Alternative Development Models for Economic Advancement

Nigeria and other developing countries face challenges in economic bargaining and should explore... (9 revisions)

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Nigeria Introduces New National Anthem Reflecting Unity and Progress

The decision by the National Assembly to return Nigeria to the old National Anthem is generating... (9 revisions)

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Controversy Surrounding Financial Times' Editorial on Nigeria's Economy

In a recent editorial titled 'Shock Therapy Alone Will Not Cure Nigeria’s Economic Ills', the... (9 revisions)

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Senator Dafinone Distributes Palliative Items to Constituents Amid Economic Challenges

Senator Ede Dafinone, representing Delta Central Senatorial District, has distributed palliative... (10 revisions)

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Flutterwave Expands Payment Options for Nigerian E-commerce with American Express

Flutterwave announced on August 20, 2024, that Nigerian online businesses can now accept... (10 revisions)

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The Failure of the Presidential System in Nigeria: Factors, Solutions, and the Proposal for a Six-Year Term

Lawmakers in Abuja have proposed a constitutional change to return Nigeria to a parliamentary... (10 revisions)

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Empowering Women: A Path to Sustainable Economic Growth in Nigeria

In a significant move to bolster women's economic participation, Olayemi Cardoso, the Governor... (10 revisions)

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Addressing Farmers-Herders Clashes: A Key to Food Security in Nigeria

Olamide Balogun, the CEO of Afroplux International, has been a prominent figure in Nigeria's... (10 revisions)

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Nigeria and Ericsson Forge Partnership for 5G Innovation

On October 19, 2024, the Nigerian Government signed a Memorandum of Understanding (MoU) with... (10 revisions)

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President Tinubu Urged to Prioritize Health Insurance for All Nigerians

Dr. Wole Kukoyi, the Chief Medical Director of Ace Medical Clinic, has advised President Bola... (11 revisions)

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Navigating the Volatile Nigerian Stock Market in 2024

The Nigerian stock market has been on a wild ride throughout 2024, marked by significant... (11 revisions)

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How Fintech is Shaping Nigeria's Banking Sector and Economy

Nigeria, boasting the largest fintech market in Africa, is witnessing a transformative shift in... (11 revisions)

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Tech Entrepreneur Oluwaseun Dania Ranked Among Top Enablers in Nigeria's Digital Economy

Tech entrepreneur Oluwaseun Dania, founder and lead consultant of Alpha-Geek Technologies, has... (11 revisions)

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Corporate Organizations Join the Fight Against Substance Abuse in Nigeria

Substance abuse is a major problem in Nigeria, with over 14 million people using psychoactive... (11 revisions)

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Late Mohbad's Brother Records New Music Seven Months After His Death; Mohbad's Wife Responds to Court Order on DNA Test

Adura, the brother of the late Nigerian singer Mohbad, has defied grief by hitting the studio to... (11 revisions)

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Nigeria's Urgent Need for Dams to Combat Flooding

In a recent development, Ali Dala, the Director of Dams and Reservoirs Operations, has... (11 revisions)

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Women in Taiwan, Tanzania, and Nigeria Reshape Politics, Overcoming Obstacles and Promoting Gender Equality

The fight for women's rights and gender equality in Taiwan, Tanzania, and Nigeria has seen... (12 revisions)

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Economic Struggles Force Closure of Iconic Nigerian TV Station

N6, the Nigerian rapper known as Nnamdi Nwabasili, recently announced the closure of his perfume... (12 revisions)

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Will TETFund's Research Fair Boost Nigeria's Economy?

On November 19, 2024, the Nigerian federal government announced the approval of the TETFund... (12 revisions)

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Sacrificial Giving: A Call to Action This Christmas in Nigeria

As Christmas 2024 approaches, the festive season is overshadowed by significant economic... (13 revisions)

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Nigeria's Federal Government Targets $100 Billion from Creative Economy

On December 7, 2024, the Federal Government of Nigeria reaffirmed its commitment to generating... (13 revisions)

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Heirs Insurance: Pioneering Financial Inclusion in Nigeria's Insurance Sector

Heirs Insurance Group (HIG) is making significant strides in enhancing insurance penetration in... (13 revisions)

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Accelerating Nigeria's Digital Transformation: The Push for New Legislation

In a bold move to enhance digital connectivity, the Nigerian government has announced a $2... (13 revisions)

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Globus Bank and Zenith Bank Aim to Meet Capital Requirements Through Public Offerings

Globus Bank, a Nigerian financial institution, has set its sights on becoming the most preferred... (13 revisions)

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Customs Officer Killed by Smuggler in Nigeria

The Nigeria Customs Service (NCS) has suffered a tragic loss as Inspector of Customs Hamza... (14 revisions)

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Federal Government Urges Osun to Reconsider Gold Mine Closure Amid FDI Concerns

The Federal Ministry of Solid Minerals Development has issued a warning to the Osun State... (14 revisions)

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Shettima Advocates for Debt Relief at UNGA Amid Nigeria's Challenges

Vice-President Kashim Shettima returned to Nigeria on September 29, 2024, after attending the... (15 revisions)

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MTN and Airtel Generate N3.67 Trillion Amid Telecom Sector Challenges

In a remarkable surge, MTN Nigeria and Airtel Nigeria collectively generated N3.67 trillion in... (15 revisions)

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Holcim Exits Nigeria Amid Economic Challenges and Market Shifts

In a significant development for Nigeria's cement industry, Holcim, a leading Swiss cement... (16 revisions)

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Nigeria's Economic Challenges Impact UK Universities, Nightlife, Football Viewing Centres, and the UK's Creative Landscape

Nigeria's economic crises are having ripple effects on various sectors, both domestically and... (16 revisions)

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Nigerian Shippers’ Council Advocates for Port Regulatory Agency Bill

The Nigerian Shippers’ Council (NSC) has voiced strong support for the Port Regulatory Agency... (16 revisions)

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U.S. Allocates $6.5 Million for Flood Relief in Nigeria Amid Ongoing Humanitarian Challenges

In a significant move to address the humanitarian crisis caused by recent flooding in Nigeria,... (16 revisions)

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Bretton Woods Institutions and Africa's Economic Strategies: A Deep Dive

Sub-Saharan Africa's economic significance is increasingly recognized on the global stage, with... (16 revisions)

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Evaluating Tinubu's Economic Reforms: A Comparative Perspective

President Bola Ahmed Tinubu's economic reforms in Nigeria have sparked significant debate and... (16 revisions)

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UNHCR Supports Resettlement of Cameroonian Refugees in Benue State, Nigeria

A delegation from the United Nations High Commission for Refugees (UNHCR) visited the Benue... (17 revisions)

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Nigeria and China Collaborate on Abuja Creative City Project, AICL and Centenary City Express Optimism on Future Collaboration

The Minister of Art, Culture and Creative Economy, Hannatu Musa Musawa, met with the Charge... (17 revisions)

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Veterinary Association Pushes for Livestock Production Boost in Nigeria

The National Veterinary Medical Association (NVMA) is advocating for a significant boost in... (17 revisions)

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NAPTIP Investigates Orphanages Nationwide for Human Trafficking Infractions

The National Agency Against Trafficking-In Persons (NAATIP) has expanded its efforts to combat... (18 revisions)

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How US Investment and Diaspora Contributions Can Transform Nigeria's Economy

The Nigerian diaspora has made a significant impact on the country's economy, contributing... (18 revisions)

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Can Nigeria Overcome Its Historical Challenges for a Brighter Future?

As Nigeria approaches its 64th independence anniversary on October 1, 2024, the nation grapples... (18 revisions)

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Concerns Over Vice President's Aircraft Safety Amid Economic Recovery

In recent months, Vice President Kashim Shettima of Nigeria has faced significant safety... (18 revisions)

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BAT Nigeria's 20th Anniversary Celebrations Highlight Commitment to Economic Sustainability and Growth

British American Tobacco Nigeria (BATN) is celebrating the 20th anniversary of its Ibadan... (18 revisions)

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Kwara's Creative Economy: A New Hub for Nollywood?

On November 25, 2024, Governor Abdulrahman Abdulrazaq of Kwara State showcased the region's... (19 revisions)

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Can Nigeria's Logistics Sector Propel Economic Growth?

In a recent statement, Professor Simon Emeje, Executive Chairman of the Courier and Logistics... (19 revisions)

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Zoho Raises Prices in Nigeria Due to Economic Conditions

Nigeria's struggling economy continues to impact businesses as software company Zoho announces a... (20 revisions)

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NDIC Initiates Liquidation Process for Heritage Bank to Benefit Depositors

The Nigeria Deposit Insurance Corporation (NDIC) has begun the liquidation process for the... (20 revisions)

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How U.S. Incorporation is Shaping Nigerian Startups

Nigerian businesses are currently facing significant financial challenges, primarily due to the... (21 revisions)

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IMF Warns of High Company Valuations as a Risk to Financial Stability

The International Monetary Fund (IMF) has expressed concerns about high company valuations and... (22 revisions)

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Taxing the Wealthy: Balancing Fairness and Efficiency in Nigeria

Financial experts have expressed strong support for the Federal Government's proposed 25%... (22 revisions)

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Can Nigeria Resolve Its Power Supply Challenges Amid Controversies?

On November 7, 2024, Nigeria's national grid collapsed for the 10th time this year, marking the... (22 revisions)

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Geregu Power's Revenue Soars: A Bright Spot in Nigeria's Energy Sector

Geregu Power, owned by billionaire Femi Otedola, has reported a remarkable financial... (23 revisions)

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NLC Threatens Nationwide Strike Amid Police Pressure on President Ajaero

The Nigeria Labour Congress (NLC) has issued a stern warning to its members to prepare for a... (23 revisions)

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The Cold War Between AES and ECOWAS: France-US vs Russia-China

Senegal's President Bassirou Diomaye Faye, aged 44, has been given the responsibility of... (24 revisions)

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Somtochukwu Obi's Exhibition Explores Identity and Governance

Somtochukwu Obi's solo exhibition titled 'The Being Us' recently opened at the Thought Pyramid... (24 revisions)

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Oyetola Advocates for National Policy on Marine and Blue Economy

As Adegboyega Oyetola marks his first year as Nigeria's Minister of Marine and Blue Economy on... (25 revisions)

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Nigeria's Falconets Exit FIFA U20 Women's World Cup After Loss to Japan

In a disappointing turn of events, Nigeria's Falconets were eliminated from the 2024 FIFA U20... (25 revisions)

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The Risks of Dollarization: Lessons for Developing Economies

Argentina has been grappling with high inflation rates, with rates exceeding 160% per year. The... (25 revisions)

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How Economic Hardship and Insecurity are Transforming Nigerian Traditions

In Nigeria, the rising cost of living and persistent insecurity are reshaping traditional... (27 revisions)

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Access Bank's Commitment to Net-Zero Emissions in Nigeria

On September 29, 2024, stakeholders including government officials, experts, and Civil Society... (27 revisions)