economic growth

Speaker Abbas: Reps Unite in Strong Support of Tinubu’s Bold Borrowing Strategy to Supercharge Infrastructure and Ignite Economic Growth
The Rt. Hon. Abbas Tajudeen, Speaker of Nigeria’s House of Representatives, has once again expressed the legislature’s unwavering support for President Bola Tinubu’s borrowing strategy....

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Politics Today
1 week ago1 week ago

The Rt. Hon. Abbas Tajudeen, Speaker of Nigeria’s House of Representatives, has once again expressed the legislature’s unwavering support for President Bola Tinubu’s borrowing strategy. He underscored its indispensable function in financing critical infrastructure projects, stimulating economic growth, and protecting vulnerable populations. Speaking at the 8th Annual African Network of Parliamentary Budget Offices (AN-PBO) Conference...

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Afreximbank’s Fund for Export Development in Africa Soars with $40M Profit!
The Fund for Export Development in Africa (FEDA), serving as the impact investment division of the African Export-Import Bank (Afreximbank), concluded 2024 with a net...

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Politics Today
1 week ago1 week ago

The Fund for Export Development in Africa (FEDA), serving as the impact investment division of the African Export-Import Bank (Afreximbank), concluded 2024 with a net profit of $40.3 million. This figure represents a remarkable 72% increase compared to the $23.4 million recorded in 2023, as detailed in its 2024 annual report. This unprecedented profitability highlights...

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Global Diaspora Experts Unite to Drive Akwa Ibom’s Economic Transformation
Members of the Akwa Ibom diaspora have pledged their support to collaborate closely with the state government in driving comprehensive progress for both the region...

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Politics Today
2 weeks ago2 weeks ago

Members of the Akwa Ibom diaspora have pledged their support to collaborate closely with the state government in driving comprehensive progress for both the region and its citizens, aligning with Governor Umo Eno’s ARISE Agenda framework. At a recent Biennial Conference convened in Uyo, the state capital, the Association of Akwa Ibom Communities’ Presidents Worldwide...

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Digital Nomads: Uncovering the Secrets That Inspire Africa’s Talent to Stay Local
The digital nomad economy thrives on skilled individuals, and Africa boasts a wealth of such talent. However, many African professionals face significant hurdles-ranging from inadequate...

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Tech
2 weeks ago2 weeks ago

The digital nomad economy thrives on skilled individuals, and Africa boasts a wealth of such talent. However, many African professionals face significant hurdles-ranging from inadequate infrastructure and restrictive visa policies to inconsistent payment systems-that force them into difficult choices between limited options. At first glance, it might seem that African digital workers remain on the...

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Bauchi Government Launches Exciting Roadshow to Gear Up for Upcoming Economic Summit
The Bauchi State government is gearing up to conclude its series of nationwide investment roadshows with a major event in Kano today, as it intensifies...

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Politics Today
2 weeks ago2 weeks ago

The Bauchi State government is gearing up to conclude its series of nationwide investment roadshows with a major event in Kano today, as it intensifies preparations for the highly awaited Bauchi State Economic and Investment Summit. Scheduled for October 8 and 9, 2025, the summit will be hosted at the state-of-the-art Bauchi International Conference Centre...

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Idia Ize-Iyamu’s ₦2.5 Billion Legacy Project: Transforming Communities and Building a Lasting Impact
Waiting over five decades for a pivotal moment is a testament to endurance, and for the University of Benin Teaching Hospital (UBTH), that moment arrived...

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Politics Today
2 weeks ago2 weeks ago

Waiting over five decades for a pivotal moment is a testament to endurance, and for the University of Benin Teaching Hospital (UBTH), that moment arrived not through routine funding or delayed government action, but through the dynamic leadership of its newly appointed Chief Medical Director, Prof. Idia Nibokun Ize-Iyamu. Within just seven days of assuming...

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Adebayo Warns: Nigeria’s Inflation Rate Won’t Lead Us to the Promised Land
Prince Adewole Adebayo, the Social Democratic Party (SDP) candidate for the 2023 presidential election, has challenged the widely touted claims of economic stability under President...

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Politics Today
2 weeks ago2 weeks ago

Prince Adewole Adebayo, the Social Democratic Party (SDP) candidate for the 2023 presidential election, has challenged the widely touted claims of economic stability under President Bola Tinubu’s administration and the All Progressives Congress (APC). He criticized the government’s announcement that inflation has decreased to 20.7 percent, describing it as an affront to Nigerians. Adebayo pointed...

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Dangote Cement Partners with Jakura Community in Kogi to Drive Local Development
In a significant step toward enhancing community relations and promoting sustainable development, Dangote Cement PLC’s Obajana Plant formalized its inaugural Community Development Agreement (CDA) with...

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Politics Today
2 weeks ago2 weeks ago

In a significant step toward enhancing community relations and promoting sustainable development, Dangote Cement PLC’s Obajana Plant formalized its inaugural Community Development Agreement (CDA) with the Jakura Community, located in Lokoja Local Government Area, Kogi State, on Wednesday. The agreement signing took place at the Obajana Plant and was attended by traditional leaders, community representatives,...

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Stock Market Kicks Off the Week with a Massive N705bn Surge!
The Nigerian stock exchange commenced the week on an optimistic trajectory, recording a substantial increase of N705 billion, fueled by rising share prices in BUA...

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Politics Today
2 weeks ago2 weeks ago

The Nigerian stock exchange commenced the week on an optimistic trajectory, recording a substantial increase of N705 billion, fueled by rising share prices in BUA Foods Plc alongside 31 other companies. The All-Share Index surged by 1,113.31 points, marking a 0.79% uplift to close at 141,659.00 points. Correspondingly, the total market capitalization expanded by N705...

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Naira Surges to 6-Month Peak at ₦1,497/$ Amid Slowing Inflation Boost
In August 2025, Nigeria’s headline inflation rate eased to 20.12%, down from 21.88% recorded in July, reflecting a positive shift in the country’s economic landscape....

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Politics Today
2 weeks ago2 weeks ago

In August 2025, Nigeria’s headline inflation rate eased to 20.12%, down from 21.88% recorded in July, reflecting a positive shift in the country’s economic landscape. This improvement coincided with the Naira reaching its strongest position in six months, trading at N1,497 per US dollar on the Nigeria Autonomous Foreign Exchange Market (NAFEM), signaling enhanced economic...

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