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Budget 2021: Brace Up For Another Recession — Buhari

Budget 2021: Brace Up For Another Recession — Buhari         President Muhammadu Buhari said, yesterday, that the country is heading for another recession, the second in four years. He noted, however, that the Federal Government has put in place plans to ensure rapid recovery in 2021. The President,...

W/Bank Supports FG On Petrol Subsidy Removal

W/Bank Supports FG On Petrol Subsidy Removal       The World Bank said on Thursday that the removal of petrol subsidy in Nigeria was an important step amid the COVID-19 crisis. The bank, in its ‘Africa’s Pulse’ report entitled ‘Charting the road to recovery’, said countries in sub-Saharan...

Buhari Presents N13.08trn 2021 Budget Proposal

Buhari Presents N13.08trn 2021 Budget Proposal     President Muhammadu Buhari has presented the 2021 budget proposal of N13.08trillion to the National Assembly for consideration and passage into law. The President, who was accompanied by Vice-President Yemi Osinbajo, some cabinet members and presidential aides, arrived the premises of...

The Impact Of International Trade On The Nigerian Economy

The Impact Of International Trade On The Nigerian Economy By Abraham John Onoja     International trade can be referred to as the exchange of goods, services and capital across international borders or territories because there is a need or want of goods or services. Such trade represents...

LCCI Concerned About Food Security, Inflation As Floods Hit States

LCCI Concerned About Food Security, Inflation As Floods Hit States       With food inflation already spiralling out of control, thus putting pressure on disposable income of many households, the Lagos Chamber of Commerce and Industry (LCCI), has expressed concern over the recent incidents of flooding in...

Nigeria’s Debt Fast Becoming Unsustainable, May Reach N34trn – LCCI

Nigeria’s Debt Fast Becoming Unsustainable, May Reach N34trn – LCCI       The Lagos Chamber of Commerce and Industry has said the growing level of Nigeria’s debt is fast becoming unsustainable in the light of dwindling oil prices and production and might hit N34tn by year-end. The President,...