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Economy

It’s always about the economy, stupid…

Economy

‘Nigeria’s Economy Is In Real Crisis’ – Buhari Gov’t Admits

Wires | The Trent -
The Federal Government admitted on Tuesday, February 1, 2022, that the country’s economy is in crisis, with a debt service bill of $4.2 trillion...
Economy

Nigerian Gov’t Records N307.49 Billion Revenue Shortfall In 4 Months

Wires Editor | The Trent -
The Federal Government recorded a revenue shortfall of N307.49 billion from July to October last year, according to data obtained from the Central Bank...
Economy

1st World vs 3rd World: The Secrets To The Wealth Of Nations [MUST READ]

Opinions | The Trent -
A Mexican migrant to the U.S. is five times more productive than one who stays home. Why is that? The answer is not the...
Economy

BREAKING: Nigeria’s Public Debt Hits N38 Trillion

Ubokobong Uko | Senior News Editor -
Nigeria's Total Public Debt rose to N38.005 trillion as at September 30, 2021. This was contained in the debt data released by the Debt Management...
Economy

We Will Introduce New Taxes In 2022 – Nigerian Gov’t Warns Citizens

Wires Editor | The Trent -
Zainab Ahmed, the minister of finance, has said there might be introduction of new tariffs and levies in 2022, as the economy was now...
Economy

Nigeria’s Foreign Trade Hits N13.3 Trillion – NBS

News Agency of Nigeria -
Nigeria’s total merchandise trade rose to N13.3 trillion in Quarter Three of 2021, representing 10.43 percent increase over N12.02 trillion recorded in Quarter Two,...
Economy

Nigerian Gov’t Pushes Ahead With States Bailout Deductions

Wires Editor | The Trent -
The federal government has provided a N656. 1 billion Bridging Facility to state governments to cushion the effects of resumed Bail Out deductions. Zainab Ahmed,...
Economy

Nigeria Spends N58.6 Billion To Print 2.52 Billion Naira Notes

Ekemini Ekwere | News Reporter -
The Central Bank of Nigeria spent the sum of N58.6 billion to print 2.52 billion Naira notes valued at N1.1 trillion in 2020. Disclosing these...
Economy

Buhari Gov’t Urges States To Venture Into Tourism To Reduce Poverty

News Agency of Nigeria -
The Federal Government has challenged the states to see tourism beyond leisure and entertainment but as economy and tools for poverty reduction. Lai Mohammed, the...
Economy

Nigerian Gov’t Goes After Aboki FX

Wires Editor | The Trent -
The Central Bank of Nigeria, CBN, has retained Monetary Policy Rate, MPR, at 11.5 percent, and the asymmetric corridor of +100/-700 basis points around...
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