acronomy

How Nigeria's Fuel Subsidy Shock Jolted Cameroon's Economy

In Cameroon, the unintended consequences of Nigeria's fuel subsidy withdrawal ripple across the beleaguered Anglophone region. WHAT HAPPENED TO CAMEROON'S REFINERY? On the night of 29 May, 2019, the lone petroleum refinery in Cameroon was struck by a massive

There is hope for Nigeria's economy, says Osinbajo

Vice-President Yemi Osinbajo on Tuesday said despite the current harsh economic conditions in the country, there was hope for Nigeria. According to a statement by his Senior Special Assistant on Media and Publicity, Mr. Laolu Akande, Osinbajo gave the assurance

UNN cancels 2023/2024 Post-UTME over harsh economy

The management of the University of Nigeria, Nsukka (UNN) has announced the cancellation of its 2023/2024 Post-Unified Tertiary Matriculation Examination (UTME), earlier scheduled for October. The development, according to a statement issued on Friday by the

Lithium Reserves, The New Investment Bride Reshaping Nasarawa's Economy

Katsina State government recently launched its first batch of Community Watch Corps. GODWIN ENNA examines the security measures being put in place by the new administration and reports the historic milestone in the state In the last few years there has been

Governors disobey FG on Local Government autonomy; cripple council operations

The 774 local government councils in the country are presently in dire financial strait and unable to cater to people at the lowest level in accordance with their constitutional mandate due to the actions and inactions of state governors. Following the poor

Nigeria's Economy Still Vulnerable Despite Exiting Recession - IMF

The International Monetary Fund on Friday said that in spite of Nigeria exiting the recession, the economy of the country was still vulnerable. The IMF in a statement by Raphael Ranspach, its Media and Press Officer, welcomed the federal government's actions

I'll reposition economy with technology, agriculture - Buhari

President Muhammadu Buhari on Thursday promised that his administration will continue to welcome innovative ideas in the gas, technology and agricultural sectors as ways of repositioning the nation's economy. According to a statement by his Special Adviser

Mali Cancels All Colonial Agreements with France, Seeks Complete Autonomy

Mali's military junta led by Col Assimi Goita has cancelled all the eleven post- independent agreements the country alongside 13 other French-speaking countries signed with France. There have been speculations that spate of coup d'etat in Francophone countries

Banana, plantain can boost Nigerian economy - NBPAN Boss

The Chairman, National Banana and Plantain Growers, Processors and Marketers Association of Nigeria in Abia State, Engr. Dr. Okezie Abarikwu, has said banana and plantain, if planted in commercial quantity and exported, would revive the economy. Abarikwu spoke

New naira: Temporary hardship necessary for economy - FG

The Federal Government on Thursday said the harsh realities faced by citizens due to the introduction of the new naira notes by the Central Bank is a necessary price for the long-term health of the economy. Minister of Finance, Budget and National Planning

Video: 9ice - Economy [Dir. by Unlimited LA]

If anyone knows how to get groovy, it's 9ice Alapomeji. 9ice, brings new levels of energy, masterful lyricism and a whole lot of country situation to the scene with his dramatic, new video, "Economy." Directed by Unlimited LA. Watch and share.

5 African Countries with the Best Economy in 2023

In the vibrant landscape of Africa's economy, the year 2023 has been a defining moment for several nations. These African countries with the best economy stand out, not just as leaders on their continent, but as global examples of resilience and potential

Nigeria's economy begins major shift as oil sector rebounds

There are indications that Nigeria's economy is reversing back to oil-sector led development while the gains made in non-oil sector is now reversing. But feelers from the Organisation of Petroleum Exporting Countries, OPEC, have indicated that a fresh challenge

Senate rejects devolution of powers, backs financial autonomy for state Assemblies

The Senate at about 12.35p.m, on Wednesday, voted against devolution of powers to states. Forty eight members voted against it, while 46 voted in favour. It, however, voted ‎in favour of financial autonomy for states' Houses of Assembly. It also gave its nod

Catalonia Dares Spain, Threatens to Declare Independence If its Autonomy is Suspended

Catalonia's regional president, Carles Puigdemont told a meeting of his party he would formally declare independence if Spain starts the process of suspending the region's autonomy on Thursday, a Catalan government source said on Wednesday. Madrid has given

Fashola: Nigeria In Darkness Because Incompetent People Manage The Economy

During the 7th Bola Ahmed Tinubu Colloquium, Babatunde Fashola, the then Governor of Lagos state described those handling the Nigeria's power sectors as incomptent people. Fashola said: "We have darkness because our Economy is managed by ‪incompetent‬ and

Tinubu trying to fix economy Buhari destroyed - Reno Omokri

A former presidential aide Reno Omokri has accused former President Muhammadu Buhari of destroying Nigeria's economy during his eight years in office. At the end of Buhari's tenure in May 2023, Nigeria's debt had almost doubled from 18 per cent to 35 per cent

'Atiku will jail looters and revamp the economy' - PDP

The Peoples Democratic Party (PDP) says its Presidential candidate, Atiku Abubakar, is set to revamp the nation's economy through the creation of qualitative employment for the youths. The party says its candidate will also implement the political and economic