Economy
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Countries could cut emissions by 70% in 2050, says World bank
Investing an average of 1.4per cent of Gross Domestic Product (GDP) annually could reduce emissions in developing countries by as much as 70per cent by 2050 and boost resilience, according to a new report from the World Bank Group. The analysis, Climate and Development: An Agenda for Action, compiles and harmonizes results from the Bank Group’s Country Climate and Development…
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‘I’m a huge fan of political engagement,’ Iyin Aboyeji explains why he presented Tinubu’s tech plans
Flutterwave Co-founder, Iyin Aboyeji, has given his reasons for presenting the digital economy plan of the All Progressives Congress (APC) presidential candidate, Asiwaju Bola Tinubu to the Organised Private Sector in Lagos on Tuesday. Aboyeji had faced backlash from Nigerians on social media, with many accusing him of “selling out” and supporting the “old order”. But taking to his LinkedIn…
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At 7th ATAF General Assembly: Nami leads call for effective revenue utilisation by African governments
Governments across Africa must begin to rethink governance, engender public confidence and trust in government by providing value for taxpayers’ money in line with their obligations under the social contract they have with citizens. This was the call made to African governments by the Executive Chairman of the Federal Inland Revenue Service (FIRS), Muhammad Nami at the opening ceremony of…
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Our administration engineered tremendous growth in mining-Osinbajo
Vice President, Yemi Osinbajo said the present administration has engineered tremendous growth in the mining sector. He spoke on Tuesday at the ongoing Mining Week in Abuja while representing President Muhammadu Buhari. Osinbajo said the Buhari-led administration has committed more resources to the mining sector than any other administration before it. “The mining sector is one area in which our…
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Tinubu restates commitment to double-digit GDP in meeting with Lagos business community
*Let’s secure Nigeria’s future together – APC candidate …promises continuous open door for collaboration All Progressives Congress (APC) presidential candidate, Asiwaju Bola Ahmed Tinubu, has again restated his administration’s resolve to hit a double figure Gross Domestic Product (GDP) if he wins the 2023 presidential election. Tinubu stated this on Tuesday during his townhall meeting with the Business Community and…
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Only people with illicit money, counterfeiters will have difficulties with new naira notes – Buhari
President Muhammadu Buhari on Sunday said that the decision of the Central Bank of Nigeria (CBN) to launch new designs and replace high value Naira notes had his support and is convinced that the nation will gain a lot by doing so. Speaking on a radio interview in Hausa with the famous journalist, Halilu Ahmed Getso and Kamaluddeen Sani Shawai…
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Gambian Minister applauds Nigeria’s strides in telecom regulation
The Gambian Minister of Communications and Digital Economy, Ousman Bah, at the weekend in Abuja, said Nigeria’s giant strides in telecom regulation are the reason that the nation’s telecom development has become a reference point. Bah, who led a Gambian delegation, including industry regulators on a courtesy visit to the management of the Nigerian Communications Commission (NCC) in Abuja, said…
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We followed due process in Naira redesign, CBN fires back at finance minister
The Central Bank of Nigeria says it followed due process in its plan to redesign the Naira. The apex bank’s plan to redesign the N200, N500 and N1,000 was met with strong opposition from the Minister of Finance, Zainab Ahmed, who on Friday said her ministry was not carried along. But reacting via a statement CBN spokesman, Mr. Osita Nwanisobi,…
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NCC advises parents against children’s uncontrolled exposure to online activities
The Nigerian Communications Commission (NCC) has urged parents and guardians to monitor and manage the engagement of their children online because uncontrolled exposure to cyberspace is fraught with a lot of negativities to children’s wellbeing. Contributing during the recent First Web Rangers Nigeria Summit, a Google initiative that focuses on developing digital literacy and equipping telecom consumers with the knowledge…
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Kaduna refinery rehabilitation gets boost as NNPC, Daewoo sign MOU in Seoul
President Muhammadu Buhari on Thursday in Seoul, South Korea, expressed delight as he witnessed the signing of a Memorandum of Understanding (MoU) between Nigerian National Petroleum Company (NNPC) Ltd and Daewoo Group of South Korea for the rehabilitation of the Kaduna refinery. The President was particularly excited as the signing came against the back of ongoing rehabilitation works at Warri…
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