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Currency Management Necessary in Expunging Corruption, Artificial Element in Naira Value

Currency Management Necessary in Expunging Corruption, Artificial Element in Naira Value President Bola Tinubu says currency management in the country is necessary to remove the artificial element of the value of the naira. Tinubu spoke on Sunday during the opening plenary of the World Economic Forum...

Fuel Subsidy Withdrawal Saved us from Bankruptcy – Tinubu

Fuel Subsidy Withdrawal Saved us from Bankruptcy – Tinubu President Bola Tinubu says the removal of the petrol subsidy was necessary to prevent Nigeria from going bankrupt. The president had announced the removal of the subsidy on May 29, 2023 — a development that immediately led...

$1.5bn Loan: Time to Rethink Debt Strategy, Relationship with Bretton Woods, By Zekeri Idakwo

$1.5bn Loan: Time to Rethink Debt Strategy, Relationship with Bretton Woods By Zekeri Idakwo In a desperate bid to save the Naira, the Nigerian government has yet again turned to the World Bank for a loan of $1.5 billion. Is this just another band-aid solution, or...

Minister Clamours For Urgent Youth Intervention 

Minister Clamours For Urgent Youth Intervention        The Minister of State for Science, Technology and Innovation (FMSTI) Mohammed Abdullahi has called on Government and the Organised Private Sector (OPS) to initiate urgent interventions in order to engage Nigerian youths make their lives more meaningful. The Minister said...

Nigeria Drops to 127th Place on WEF’s Global Competitiveness Index

Nigeria has dropped three places to the 127th position on the latest World Economic Forum’s (WEF) Global Competitiveness Index (GCI) for 2016-2017, out of 138 countries surveyed. The country was previously ranked 124th on the index. At 127th position, Nigeria only performed better than Madagascar, Yemen,...