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Akabueze: Cutting governance cost will not solve Nigeria’s revenue problem

    Akabueze: Cutting governance cost will not solve Nigeria’s revenue problem

Ben Akabueze, director-general of the budget office, says cutting budget allocations to ministries, departments and agencies (MDAs) will not have a significant impact on Nigeria’s revenue. He spoke on Tuesday

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Report: MTN warns of possible disruption to its service in Nigeria amid rising insecurity

    Report: MTN warns of possible disruption to its service in Nigeria amid rising insecurity

MTN has warned of a potential disruption to its service in Nigeria amid rising insecurity in different parts of the country. MTN, in a message seen by Reuters, informed its

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Cristiano Ronaldo gesture wipes ‘$4bn’ off Coca-Cola’s market value

    Cristiano Ronaldo gesture wipes ‘$4bn’ off Coca-Cola’s market value

Cristiano Ronaldo, Portuguese football star, removed two Coca-Cola bottles from his table during a press conference at the Euros 2020. The gesture coincided with a $4 billion price fall in

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CBN set to mint currency for Gambia

    CBN set to mint currency for Gambia

The Central Bank of Nigeria (CBN) says it is ready to help the Central Bank of the Gambia (CBG) to print its legal tender — the dalasi. Godwin Emefiele, governor

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World Bank: High prices pushed 7m Nigerians into poverty in 2020

    World Bank: High prices pushed 7m Nigerians into poverty in 2020

The World Bank says an estimated 7 million Nigerians may have been pushed into poverty in 2020 due to rising

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FG meets NDPHC, TCN to improve power supply

    FG meets NDPHC, TCN to improve power supply

 Saleh Maman, minister of power, and Goddy Agba, his minister of state counterpart, have met with major players in the

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Nigeria’s inflation rate slows 17.93% in May

    Nigeria’s inflation rate slows 17.93% in May

The consumer price index (CPI), which measures the rate of change in prices of goods and services, dropped to 17.93

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COVID-19: Emirates Airline records $5.5bn annual loss — first in over 30 years

    COVID-19: Emirates Airline records $5.5bn annual loss — first in over 30 years

Emirates Airline plunged into a $5.5 billion annual loss — its first in more than three decades — after the

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Amaechi: FG has paid $150m out of $500m Chinese loan on Abuja-Kaduna railway

    Amaechi: FG has paid $150m out of $500m Chinese loan on Abuja-Kaduna railway

Rotimi Amaechi, minister of transportation, says Nigeria has commenced repayment of loans obtained from China. The federal government had sought

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AfDB: Development finance institutions set to invest over $80bn in African firms

    AfDB: Development finance institutions set to invest over $80bn in African firms

The African Development Bank (AfDB) has announced that the G7 development finance institutions (DFIs) and multilateral partners have pledged to

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