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Article 'IMF Report: Nigeria's Economic Reforms Under Tinubu Falling Short of Expectations'- Nigeria News
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![Today's Naira Rate[16-11-2024]: Nigerian Naira Faces Steep Decline, Parallel Market Hits N1,750/$](/data/attachments/210/210283-5e995ef978efd380c57591c54b3dddf2.jpg?hash=FHqxQvjPSE)
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Everything You Need to Know About the NDDC Youth Internship SchemeI want to apply
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Nigeria
Nigerian-Born Bola Oyetunji Named Auditor-General of New South Wales After Margaret Crawford's Tenure
The government of New South Wales in Australia has appointed Mr. Bola Oyetunji, of Nigerian descent, as its new Auditor-General, succeeding Margaret Crawford upon the conclusion of her eight-year term in April. Premier Chris Minns announced Mr. Oyetunji's appointment, highlighting his extensive...
Nigeria
Aigboje Aig-Imoukhuede Returns to Access Holdings Board as Chairman to Navigate Post-Wigwe Era
Aigboje Aig-Imoukhuede, a prominent figure in Nigerian business circles, has been reinstated as the non-executive chairman of Access Holdings after a decade-long absence from the position.
In a statement released late Wednesday, the company secretary Sunday Ekwochi announced Aig-Imoukhuede's...
The U.S. House of Representatives voted strongly in favor of a bill that would make TikTok, the popular video app, break away from its Chinese owner or get kicked out of the U.S. The bill got 352 votes for and 65 against, showing rare agreement in Washington.
House Speaker Mike Johnson said...
Mele Kyari, the Group Managing Director of the Nigerian National Petroleum Corporation Limited (NNPCL), asserted that everyone is implicated in crude oil theft within Nigeria.
Speaking during an oversight function with the House of Representatives Special Committee on Oil Theft, Kyari revealed...
President Bola Tinubu has recently approved the appointment of Dr. Dayo Mobereola as the Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA). This decision follows the conclusion of Mr. Bashir Jamoh's tenure, and Dr. Mobereola's mandate includes upholding...
The European Union and Economic Community of West African States (ECOWAS) delegation to Nigeria has criticized the country's Value Added Tax (VAT) system, stating that it falls below the ideal standard. Massimo De Luca, the Head of Cooperation of the EU and ECOWAS Delegation, highlighted the...
Nigeria
Consumers Brace for Impact as Nigerian Breweries Responds to Economic Pressures with Second Price Hike in Two Months
Nigerian Breweries Plc has announced another round of price increases for its products, marking the second adjustment in just two months. The company, in a review notification distributed to customers in the South-West zone, revealed that the new prices would come into effect from March 15...
The naira exhibited resilience as it appreciated to N1,600 per dollar at the parallel section of the foreign exchange (FX) market on Monday.
This marked a notable 1.23 percent gain from the N1,620/$ reported just a day earlier on March 8. Bureau De Change operators in Lagos quoted buying rates...
Nigeria
Economic Challenges Loom as EIU Forecasts Naira to Plummet Below N2,000 per Dollar by Year-End
In a recent report released by the Economist Intelligence Unit (EIU) in March 2024, the economic future of Nigeria is painted with uncertainties as the country faces five critical risks that could jeopardize peace, economic progress, and overall development in the coming months.
The EIU report...
Bitcoin reached a new all-time high, surging past $71,000 on Monday, driven by increasing demand for the cryptocurrency. The rally is fueled by optimism regarding potential interest rate cuts by the Federal Reserve later this year. According to Bloomberg data, Bitcoin hit its peak at $71,432...
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