Foreign News Uncategorized

Tanzania sets new policy rate at 5.5%

Tanzania’s Central Bank, on Friday, set its main interest rate at 5.5 per cent in a bid to contain inflation within its target and boost economic growth. The Bank of Tanzania had said earlier this month it would start using a benchmark interest rate to signal its monetary policy direction. “The CBR (Central Bank Rate) […]

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Tinubu’s New Nigeria, Citizens Responsibility

By Ismail Abdulaziz On assumption of office, President Bola Tinubu’s administration made its intention clear to rejig the nation’s ailing economy and make it robust enough to engender the development and growth of Nigeria. A few months into the four-year tenure of the administration, it has initiated many programmes to drive the economy towards growth. […]

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General National

Tinubu charges editors to tackle menace of fake news

From Abdulfatah Babatunde President Bola Tinubu, on Wednesday, charged Nigerian Editors to tackle the menace of fake news, using fact-checking and responsible reportage to rescue the nation from the throes of fake news. Tinubu gave the charge while opening the 19th All Nigeria Editors Conference (ANEC) on Wednesday in Uyo, Akwa Ibom State. TheNewsZenith reports […]

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Economy General National

Why Naira may continue to lose value – Lemo

By Abdulfatah Babatunde, Abeokuta A former deputy governor of the Central Bank of Nigeria (CBN), Dr Tunde Lemo, says Nigeria’s economy will continue to comatose unless the governance approach shifts away from wasteful spending. Lemo, who also is a one-time Managing Director of Wema Bank Plc, spoke as a Guest on “Boiling Point Arena”, a […]

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Features/Opinion General

National Broadcast: After Darkness Comes Glorious Dawn – Tinubu

My fellow citizens, I want to talk to you about our economy. It is important that you understand the reasons for the policy measures I have taken to combat the serious economic challenges this nation has long faced. 2. I am not going to talk in difficult terms by dwelling on economic jargon and concepts. […]

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Economy Oil & Gas

Energy transition: NNPC tasks stakeholders on gas utilisation

By Our Correspondent Mallam Mele Kyari, the Group Chief Executive Officer of Nigerian National Petroleum Corporation (NNPC) Ltd., has challenged stakeholders to exploit the country’s huge oil and gas resources to boost the economy. Kyari spoke at the ongoing 40th annual international conference and exhibition of the Nigerian Association of Petroleum Explorationists (NAPE) in Lagos […]

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FRSC says 3,700 lives lost to road crashes in 10 months

By Our Correspondent The Federal Road Safety Corps (FRSC) says 3,700 people lost their lives in road accidents in the country between January and October. The Acting Corps Marshal FRSC, Dauda Biu, announced the figures at the joint news briefing to commemorate the 2022 Africa Road Safety and World day of remembrance for Road Traffic […]

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Banking & Finance Economy

COVID-19: A third of global economy in recession – Emefiele

About one-third of the world economy is currently in recession due to the damaging effects of the COVID-19 pandemic and the ongoing war between Russia and Ukraine. CBN Gov. Godwin Emefiele The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele made this known in Abuja while addressing Foreign Affairs and Aviation stakeholders […]

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