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Oyeyemi Kale, chief economist at KPMG Nigeria, said Nigeria’s ability to repay N46.25 trillion in loans was poor due to low income. In a Twitter post on Saturday, Kale said the country’s debt-to-gross domestic product (GDP) ratio suggested Nigeria was able to service its debts, but its debt-to-income ratio was an issue. Ripples Nigeria previously … Read more
Nigerians, especially young people, are told that the key to the country’s greatness is “our long-term unity in diversity and peaceful coexistence, even as a people with different tribal and racial differences.” Sailor Prince Siyanbola Oladigbolu, a front-line contender for the post of Alaafin in Oyo, has responded to a range of exciting situations, dire … Read more
Get Funded Africa (GFA), AfriGOPay, ABC Fund, Finverity, Oxfam, Spotify, Effy, Zoom, Payday are some of the names making headlines in the tech ecosystem this week. Zoom on Tuesday announced a partnership with OpenAI to add AI-generated summaries, message drafts, and more to its video conferencing app through its Zoom IQ AI assistant. Furthermore, global … Read more
By Tunbosun Ogundare – Lagos Imo State Deputy Governor Prof. Placid Njoku and May and Baker Plc Managing Director Mr. Patrick Ajah, among others, said Nigeria needs to take urgent steps to reposition the manufacturing sector by providing favorable government policies and policies. favorable environment. They said that manufacturing plays a vital role in the … Read more
Unilever Nigeria Plc will cease production of OMO, Sunlight and Lux as the company reviews its business model. The maker said it would exit two categories, home care and skin cleansing, which would affect the aforementioned brands. Ripples Nigeria understands that exiting these two markets could lead to the sale of Unilever Nigeria’s home care … Read more
By Tola Adenubi – Lagos Princess Vicky Haastrup, chairperson of the Seaport Terminal Operators Association of Nigeria (STOAN), said the federal government’s port concession scheme had saved the country around $8.5 billion (N3.91 trillion), which has so far been paid to foreign countries as congestion surcharges. shipping company. In a statement issued by STOAN over … Read more
Defense Minister General Lucky Irabor said on Saturday that 51,828 Boko Haram terrorists and their families had surrendered to troops under the “Operation Safe Corridor” plan in the northeast. In his speech at Edo National University Uzairue’s 7th Founders’ Day, Irabor revealed that the rebels surrendered to the army between July 2021 and May last … Read more
Tunji Olaopa If I were asked to provide a succinct and apt summary of the full range of challenges that the Nigerian state faces in terms of its policy architecture and development management, despite disputes in the development literature, I would not hesitate to unequivocally point to the challenges of policy implementation; The whole drive … Read more
Ekiti State Governor Biodun Oyebanji on Friday renewed his call to restructure Nigeria for a balanced and peaceful state. Daye Panji He made the call while speaking at a book launch in the state capital Akure. The governor, who was represented at the event by state secretary Abibat Adubiaro, described true federalism as the only … Read more
The Nigerian capital market closed at N29.920 trillion on Thursday. The figure was 29.9 billion lower than the N29.927 trillion announced by the exchange on Wednesday. Likewise, the all-share index fell 12.03 basis points to close at 54,924.08, down from 54,936.11 the previous day. Investors traded 117.85 million shares worth 1.39 billion guilders in 2,575 … Read more