Nigeria’s inflation remains high at 34.19%, with the CBN contemplating another interest rate hike as food inflation and economic pressures persist.
economic policy
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The reintroduction of petrol subsidies in Nigeria raises concerns over its credit rating and potential to attract foreign investment amid conflicting government statements.
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Peter Obi slams the new Cyber-Security Levy as an unreasonable financial burden on Nigerians, exacerbating the economic challenges under President Tinubu’s administration.
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President Bola Tinubu’s administration, upon taking office, pledged to reduce public spending funded by borrowing. However, he has recently requested the National Assembly approve fresh external loans totaling $7.8 billion …
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In the face of ongoing debates about fuel subsidies, experts and industry stakeholders are challenging the Nigerian government’s assertion that it has ceased subsidizing petrol. The controversy deepens as the …