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Friday, July 26, 2024

Economy

July 26, 2024

Nigeria’s oil revenue grew by 30% in first half of 2024: FG

According to the minister, the growth in government revenue is due to the reconfiguration and improvement in government finances.

Wale Edun (Credit; Cable)
July 26, 2024

‘Nigerians not patronising us again,’ Abuja yam sellers lament as prices surge by over 400% in one year

The seller said five tubers of yam now sell for between N15,000 and N30,000, depending on the sizes.

Yams
July 26, 2024

Tinubu’s govt, financial experts differ on windfall tax

President Bola Tinubu had proposed a 50 per cent windfall tax on banks’ foreign exchange profits in 2023, requesting the National Assembly amend the Finance Act.

Tinubu giving an address
July 26, 2024

Nigeria needs comprehensive mining policy framework: NIALS

NIALS has called on the federal government to implement a comprehensive mining policy framework to diversify Nigeria’s economy.

NIALS; mining site
July 26, 2024

Number of people exposed to dangerous heat levels at work rising: ILO

The largest proportion is in Africa, where 90.2 per cent of people are exposed to excessive heat at work at times, followed by the Arab states with 83.6 per cent.

International Labour Organization (ILO)
July 26, 2024

Nigeria’s economic reforms making positive impacts, says finance minister

“The commitment will create jobs, lift millions out of poverty and drive domestic and foreign investments that will improve the general well-being of the Nigerians,” said Mr Edun. 

Wale Edun (Credit; Cable)
July 25, 2024

Nigeria’s economy gradually recovering; I have been extremely busy: Tinubu

“Nigeria is on the path of recovery. You have heard it from the Minister of Finance, Mr Wale Edun,” said Mr Tinubu.

Sleeping President Bola Tinubu (Credit: Bola Tinubu)
July 25, 2024

Nigeria’s inflation rate exaggerated under Tinubu’s watch, says APC national secretary

Mr Basiru said this when confronted with NBS statistics showing inflation has spiked from 23 per cent to 34 per cent since Mr Tinubu assumed office.

Senator Ajibola Basiru
July 25, 2024

FG approves Eni’s proposal to sell Agip to Tinubu’s nephew

“Eni has received formal consent from the Nigerian Upstream Petroleum Regulatory Commission for the sale of NAOC Ltd to Oando Plc,” the oil company said.

July 25, 2024

Oyo Recruitment: 62,000 apply as TESCOM begins CBT exams July 29

According to TESCOM, successful candidates must appear for an oral interview.

Oyo State Post-Primary School Teaching Service Commission (TESCOM) (credit: facebook)