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Tag "nigerian economy"

As Tinubu moves to rev up economic recovery with consumer credit

    As Tinubu moves to rev up economic recovery with consumer credit

As the new year 2024 begins with a positive outlook, Nigerians can look forward to a great and economically rewarding year as the federal government is set to launch a

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Can Tinubu deliver a trillion-dollar economy?

    Can Tinubu deliver a trillion-dollar economy?

President Bola Tinubu attended the 29th session of the NESG last Monday and promised to grow GDP to $1 trillion in 2026, just three years from now. ‘’A one trillion-dollar

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Strategies to unlock non-tax revenue in Nigeria

    Strategies to unlock non-tax revenue in Nigeria

BY COLLINS OKEKE Nigeria is facing major revenue challenges. The 2023 total budget deficit is N10.78 trillion. The federal government intends to finance the deficit mainly by new borrowings totalling

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Nigeria: An economic misnomer for 63 years

    Nigeria: An economic misnomer for 63 years

BY ENAJITE ENAJERO Dear Mr. President, I must first congratulate you for becoming the President of Nigeria. Nigeria is faced with so many challenges. The problem facing Nigeria is not

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Breaking free from dollar dependency: Adopting PAPSS for intra-African trade

  Breaking free from dollar dependency: Adopting PAPSS for intra-African trade

BY ODEWALE ABAYOMI At a recent forum on the African Continental Free Trade Area (AfCFTA) in Nairobi, Kenya, the Kenyan

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Challenges and opportunities in Nigeria’s non-oil export landscape

  Challenges and opportunities in Nigeria’s non-oil export landscape

BY ADEBOTE ‘TOMINI As efforts to improve Nigeria’s non-oil export sector intensify, during the July edition of the Talking Trade

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The shocks and bitter pills of a free market transitioning

  The shocks and bitter pills of a free market transitioning

BY OLA EMMANUEL “Most Nigerians, especially those born after 1973, have lived their lives under fuel subsidy. Hence, removing it

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Domino effect of petrol subsidy removal on food, income insecurity

  Domino effect of petrol subsidy removal on food, income insecurity

BY CHIAMAKA ADINNU On May 29, 2023, Nigerian President Bola Tinubu announced, in his inaugural speech, the removal of the

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Nigeria’s economic growth slows to 2.25% on low oil production

  Nigeria’s economic growth slows to 2.25% on low oil production

Nigeria’s gross domestic product (GDP) grew by 2.25 percent year-on-year in Q3 2022, down from 3.54 percent in Q2. The

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IMF downgrades Nigeria’s 2022 growth prospect

  IMF downgrades Nigeria’s 2022 growth prospect

The International Monetary Fund (IMF) has downgraded Nigeria’s economic growth projection to 3.2 percent in 2022. The development is 0.2

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