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Osinbajo Says is Time for Nigeria to Deepen Relationship with US

Acting President Yemi Osinbajo, SAN         *Receives Commander of US-Africa Command  *US Ambassador says Nigeria can change the world The time has come for both Nigeria and the United States to deepen the long-standing relationship between the countries based on mutual trust, according to Nigeria’s Acting President ...

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WHY LAGOS NEEDS NEW WASTE MANAGEMENT POLICY- AMBODE

Lagos State Governor, Mr. Akinwunmi Ambode on Monday underscored the need for the State to evolve a new waste management policy that would not only be befitting for a mega city State but ensure that the State remains clean and safe for healthy living. The Governor, who spoke at a ...

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Recession-hit Nigeria targets economy to grow at annual 7 percent by 2020

Nigeria is targeting economic growth of at least 7 percent a year by 2020, the Ministry of Budget and National Planning said on Tuesday, a far cry from its current recession, the first in 25 years. Nigeria’s economy is heavily dependent on exports of crude oil and is undermined by ...

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FG REBOOTING ECONOMY BY REVIVING INFRASTRUCTURE

  The Federal Government’s strategy of rebooting the economy through infrastructure development across the country has started yielding results as impressive figures came forth during the inspection of the highway projects in the South-East zone by the Hon. Minister of Power, Works and Housing, Mr Babatunde Fashola SAN. The figures ...

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Nigeria in 2017: In Search of the Missing Link

  GLOBAL Growth – A Weak Recovery Generally, the 2016 global economic recovery was modest. The IMF’s forecast was for 10bps growth contraction to 3.1%, before a modest recovery to 3.4% in 2017. Undoubtedly, the unanticipated results of the US Presidential election in the second half of 2016, and the ...

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2017 Bidget Scale second reading at Senate

Nigeria’s 2017 budget framework of N7.298 trillion has passed second reading in the Senate and transferred to the Committees on Appropriations and its sub-Committees for further engagement with various Ministries, Departments and Agencies (MDAs). President of the Senate Bukola Saraki, said the Appropriations bill is expected to reflect government fiscal plans ...

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Fitch Revises Nigeria’s Outlook to Negative; Affirms at ‘B+’

Fitch Ratings-Hong Kong-25 January 2017: Fitch Ratings has revised the Outlook on Nigeria’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) to Negative from Stable and affirmed the IDRs at ‘B+’. The issue ratings on Nigeria’s senior unsecured foreign currency bonds have also been affirmed at ‘B+’. The Country ...

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MMM, Sambisa and The Boy Died, by Reuben Abati

“Happy New Year, my brother” “What do you mean happy new year, more than two weeks into the New Year. Have I not been in touch with you since January 1?” “But for you the New Year has just started. Your January 1 was not on January 1” “Looks like ...

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Nigeria’s inflation rate hits 18.55 % in December – NBS

The National Bureau of Statistics (NBS), says Consumer Price Index (CPI), increased by 18.55 per cent (year-in-year) in December, 2016 from 18.48 per cent recorded in November. The CPI, which measures inflation, is 0.07 per cent points higher from the points recorded in November. A report released by the NBS ...

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Buhari Commissions Naval Ships In Lagos

L-R: President Muhammadu Buhari (2nd left); Lagos State Governor, Mr. Akinwunmi Ambode (3rd left); Chief of Naval Staff, Rear Admiral Ibot-Ete Ibas (left); Special Boat Services Commander, Commodore Rick Michaels (3rd right) and Chief of Defence Staff, Major-General Abayomi Olonishakin (right) during the commissioning of the newly acquired indigenous Built ...

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