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The latest employment report showed just 22,000 new jobs in August and unemployment at 4.3%, the highest since 2021.
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Every business venture needs a good blueprint, a comprehensive framework that guides operations in all aspects and at every stage for successful delivery.
Remove Fuel Subsidy, Official Exchange Rate, IMF Tells FG
The International Monetary Fund (IMF) has again urged the Nigerian government to stop subsidising fuel and remove the official exchange rate. This came two weeks after the federal government suspended the removal of petrol subsidy. It on January 24 suspended its plan
Nigeria, Others Need $484bn By 2025 For Economic Recovery – AfDB President
The President of African Development Bank, Dr. Akinwumi Adesina, has disclosed that Africa needs $484bn over the next three years to tackle the socioeconomic impact of the COVID-19 pandemic and boost economic recovery. Adesina made this known on Saturday at the opening
External Reserves Fall Below $40bn, Lowest In Three Months
The external reserves, according to the Central Bank of Nigeria (CBN), have fallen below the $40bn, making it the lowest point in over three months. Recall, reserves dropped to $39.82bn on February 2, 2022, from $40.53bn as of December 30, 2021. Prime
World’s Tech Business Trends
Thomas Friedman in 2005, wrote in his international bestseller, “The World is Flat” to explain how companies in the rich developed countries were taking advantage of cheap labour in the developing countries to expand their businesses.
DMO Returns Oversubscribed 2021 Sovereign SukukTo Investors
The Director-General of the Debt Management Office (DMO), Patience Oniha, has disclosed that the over subscribed portion of the N250 billion, 2021 Sovereign Sukuk, which attracted N865 billion, was returned to investors. Oniha made this known on Thursday, in Abuja, at a
Egbin Power Hints On Factors Responsible For Blackout In Lagos
The largest power generating plant in Nigeria, Egbin Power Plc has attributed blackout being experienced in Lagos and its environs to a fire incident at its power plant on Wednesday, February 2, 2022, at around 4.20pm. This disclosure is contained in a statement issued
Oil Exploration: TotalEnergies, Chinese Oil giant, Ugandan Govt Under fire
About 52 civil society groups in Ugandan and Congo have launched attacks on TotalEnergies (U) B.V., China National Offshore Oil Corporation (CNOOC) (U) Ltd and the Ugandan government for going ahead with oil exploration despite demonstrated negative impacts on environment and the
FEC Okays $328.87m Railway Consultancy Services, N115.4bn Katsina Road Dualisation
The Federal Executive Council (FEC) approved N115.4bn for the dualisation of the proposed Kano-Kazaure-Kongolam highway in Katsina State from single carriageway to a dual carriageway. The Minister of Works and Housing, Babatunde Fashola, who disclosed this to State House correspondents after the
AfDB’s $170 million Fund To Expand Nigeria’s Digital Industry, Grow Jobs In Creative Sector
The Africa Development Bank (AfDB) has provided $170 million to Nigeria which it says will help drive the country’s I-DICE initiative to expand the digital industry and grow jobs in the creative industries. President of the AfDB, Akinwunmi Adesina, who disclosed this
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