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Sanusi: Buhari Crippled Economy with Debts as Inexperienced Boy Bought Private Jet Under Him

Sanusi: Buhari Crippled Economy with Debts as Inexperienced Boy Bought Private Jet Under Him   Former Emir of Kano, Muhammadu Sanusi II, has said former President Muhammadu Buhari-led administration treated the economy without recourse to experts’ advice. The former governor of the Central Bank of Nigeria (CBN),...

Insurance Firms, Banks Others Contribute N1.72trn To Economy

Insurance Firms, Banks Others Contribute N1.72trn To Economy   Banks, insurance companies and other financial institutions contributed N1.72 trillion to the nation’s real Gross Domestic Product (GDP) in the first half of the year, H1’23. This represents 27 percent year-on-year YoY growth from the N1.35 trillion contributed...

On Economic Challenges and How States Should Utilize the N5bn Palliative, by Jamilu M Ja’afaru

On Economic Challenges and How States Should Utilize the N5bn Palliative, by Jamilu M Ja’afaru   No doubt. This is not good season for majority of Nigerians as they continue to battle multidimensional poverty, misery, high cost of living and pressures exacerbated by the ripple effects...

Tinubu’s Approval Rating Rises to 62% Despite Economic Turbulence

Tinubu's Approval Rating Rises to 62% Despite Economic Turbulence   A new survey conducted by CMC Connect LLP and Analysts Data Services Resources has revealed that 62% Nigerians are upbeat about the capacity of President Bola Tinubu to lead the country to the Promised Land, regardless...

Floods Caused $7bn Economic Damage In 2022 – Shettima

Floods Caused $7bn Economic Damage In 2022 – Shettima   The Federal Government has said the financial worth of direct economic damage in Nigeria caused by floods in 2022 is $7bn. On Tuesday, the government also said over 600 lives were lost as a result of the...

Banks’ Credit To Economy Rises By 11% To N84trn

Banks’ Credit To Economy Rises By 11% To N84trn   Banks’ net domestic credit to the economy has hit N84 trillion representing an 11 percent Month-on-Month, MoM, rise fromN75.49 trillion in May. The breakdown, according to the Money and Credit Statistics of the Central Bank of Nigeria,...