Economy
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FG making progress to eradicate hunger, malnutrition, says Bagudu
The Minister of Budget and Economic Planning, Senator Abubakar Bagudu, on Friday stated that the Federal government is making progress to eradicate hunger and malnutrition in the country. The minister who spoke during a high-level consultative meeting on the development of the national food and nutrition security crisis preparedness plan in Abuja, said the country had made significant progress in…
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Digital assets fraud threatens market integrity, says SEC DG
The Director General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has expressed concern over the growing threat of digital assets fraud, warning that it poses a significant challenge to market integrity and undermines investor confidence. Speaking in Abuja at an event to mark African Union Anti-Corruption Day, themed “Understanding Virtual Assets and Investment Fraud”, Dr. Agama noted…
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PHOTO NEWS: Sovereign investors’ visit Minister of Budget
Sovereign investors stakeholders on Thursday visited the Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu in his Abuja office. L-R: Head, Government Relations, Ms Charlotte Adesiyan; Head, Nigeria Infrastructure Fund, Mr Pius Osiriamhe Anyiador; Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu; MD/CEO Nigerian Sovereign Investment Authority (NSIA), Mr Aminu Umar-Sadiq; Technical Assistant to the MD/CEO,…
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Nigeria, EU launch €20m initiative to drive cultural, creative growth
Nigeria and the European Union have launched a €20 million initiative aimed at boosting partnerships between museums and supporting film festivals and the digital creative industry. The announcement was made on Thursday in Abuja during a courtesy visit by an EU delegation led by Ambassador Gautier Mignot to Nigeria’s Minister of Art, Culture, Tourism, and Creative Economy, Hannatu Musa Musawa.…
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Tinubu’s reforms steering Nigeria toward economic stability, says FG
The Federal Government says Nigeria’s economy is on a steady path to recovery, citing President Bola Tinubu’s reforms as the driving force behind recent improvements across key sectors. Minister of Information and National Orientation, Mohammed Idris, made this known on Wednesday while receiving members of the Nigerian Guild of Editors in Abuja. He noted that although challenges remain, the government…
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African mining ministers adopt unified reporting code, hail Alake’s leadership
Ministers of mining from across Africa have adopted the Pan-African Resources Reporting Code (PARC) to enhance transparency and standardization in the continent’s mineral resource management. The decision was reached during the sixth inter-ministerial meeting of the Africa Minerals Strategy Group (AMSG), where Nigeria’s Minister of Solid Minerals Development, Dr. Dele Alake, was praised for his leadership in steering the group…
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FG advances economic diplomacy efforts in Brazil
The Federal Government has taken a significant step in advancing its economic diplomacy efforts in Brazil, as the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun participated in the Ogun State Investment Forum with the Brazilian Business Community. The Director, Information and Public Relations, Federal Ministry of finance, Mohammed Manga in a statement said the engagement…
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NCC introduces new licensing, regulation framework for A2P messaging
The Nigerian Communications Commission (NCC) on Wednesday unveiled a comprehensive regulatory framework for Application-to-Person (A2P) messaging services, targeting the growing automated messaging sector to curb spam, plug revenue leakages, and enhance telecom sector oversight. A2P messaging is vital for industries such as banking, fintech, airlines, healthcare, and political campaigns, providing automated communication to users. However, lack of formal regulation has…
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OPEN LETTER: Dangote commends Tinubu’s reforms in Lagos, Nigeria
The Group Chairman of Dangote Group, Aliko Dangote, has commended President Bola Ahmed in an open letter for his reforms in Lagos State and Nigeria at large. In the letter sighted by WESTERNPOST on Wednesday, Dangote specifically commended Tinubu for addressing ocean surges and flooding in Victoria Island, as well as for building a new Atlantic city and expanding the…
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Funds from subsidy removal will be channelled into critical infrastructure – Tinubu
President Bola Tinubu on Monday declared that funds saved from the removal of fuel subsidy will be channelled into critical infrastructure, social safety nets, and targeted economic reforms. He reaffirmed that his administration’s commitment to transparency and accountability in public finance management. The President gave the assurance when he declared open the 2025 National Conference on Public Accounts and Fiscal…
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