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4 days ago · The statement explained that the council’s Chairman, Anengi Claude-Wilcox, was deeply saddened by the tragic incident that claimed the lives of two adults and a toddler. The statement further explained that 19 survivors from the incident “were immediately taken to the hospital for medical attention at a cost to be borne by the council. It quoted Claude-Wilcox as saying: “We extend our ...
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5 days ago · Pastor Adeboye hits Rivers, presents gift to Gov. Fubara (video) Michael Adesina - January 22, 2025
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4 days ago · The struggles faced by SMEs in Nigeria have significant implications for unemployment. SMEs are critical drivers of job creation, particularly in the informal sector. However, the high tax burden, lack of government support, and other challenges faced by SMEs have limited their ability to create jobs. In fact some organisations have closed shops.
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2024: Stock market thrives amid banking reforms, new listings
Apr 1, 2024 · According to the Nigerian Exchange Ltd. (NGX), the All-Share Index delivered a stellar return of 283.45 per cent since 2020, climbing from 26,842.07 at the end of 2019 to 102,926.40 by Dec. 31, 2024. The All-Share Index closed 2024 at 102,926.40, reflecting an annual growth of 37.65 pet cent, compared to 74,773.77 at the end of 2023. Market capitalisation, which opened the year at N40.918 ...
Dogara: Abandoning Tinubu's reforms because 'things are hard' …
Dec 14, 2024 · “To give in to cheap argument because things are tough and he should back off is cowardice. We are having a leader who is courageous. “With what President Bola Tinubu has done, whether it’s the freeing of local government areas from the choke-hold of economic stagnation the states had hitherto subjected them to or the groundbreaking bold tax reforms proposals he had placed before the ...
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The PDP and its candidate in the election, Dr Asue Ighodalo are challenging the INEC’s declaration of the Gov. Monday Okpebholo of the All Progressives Congress (APC) as the winner. One of the witnesses, Kennedy Osifo, who was led in evidence by Counsel to the PDP, Abiodun Owonikoko, tendered agents’ copies of the election results for 76 polling units in Ward II of Ikpoba-Okha Local ...
Ahead of midterm, emerging signs favourable for the Tinubu ...
Dec 31, 2024 · On his first day in office, President Tinubu decisively eliminated the fuel subsidy, which had long burdened Nigeria's economy. While the initial removal triggered higher fuel prices, the market is now experiencing a downward trend. This development illustrates the administration's commitment to market-driven pricing and economic efficiency, which should benefit public investment in critical ...
Nigeria’s Inflation surges to 34.60% in November as prices soar
Dec 16, 2024 · “Looking at the movement, the November 2024 Headline inflation rate showed an increase of 0.72% points compared to the October 2024 Headline inflation rate,” the NBS stated.. According to the report, on a year-on-year basis, the November inflation figure was 6.40 percentage points higher than the 28.20% recorded in November 2023, underscoring a significant escalation over the past year.