2021: Capital Investments In Nigeria Surges by 97.73%

The National Bureau of Statistics has confirmed that capital imported into Nigeria surged by 97.73% in the closing quarter of 2021. The value stood out at $1.73 billion, edging out the $875.62 million recorded in the preceding quarter. The body published a report that revealed the 97,73 percent increase. However, comparison with the last quarter…

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Ezekwesili, Utomi. Odinkalu, To Handle Soludo’s Transition Committee

Prof. Chukwuma Soludo, the Anambra State Governor-elect has released a list of his 80-member transition committee, placing former Nigerian minister, Oby Ezekwesili, as the Chairman.Soludo’s media aide, Joe Anatume, in a statement issued on Thursday, said the transition committee is comprised of highflying Nigerians who are coming on board to play different rolesAccording to him,…

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Twitter: Implications of the Lifted Twitter Ban in Nigeria

Effective today, President Buhari has lifted the 222-day-old ban on Twitter in Nigeria, maintaining that the lift was a result of Twitter’s willingness to run its activities in cooperation with the Federal Government. The President’s approval was given, following a memo written to him by the Honourable Minister of Communications and Digital Economy, Prof Isa…

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Ex-Oyo State Governor, Alao Akala, dies at 71

Otunba Christopher Adebayo Alao-Akala, a former governor of Oyo State, died this Wednesday 12th January, 2022 in Ogbomoso, Oyo State.He was 71 years old. He was a former police officer and between 2003 and 2006 he was the deputy governor under Gov. Rashidi Ladoja. who was impeached. There after, Alao-Akala became the acting governor for…

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World Bank Projects 2.5% Economic Growth For Nigeria

The World Bank in a report released on the 11th of January, 2022 estimated a 2.5 percent economic growth in Nigeria for the year 2022, 0.1 percent higher than the projection for 2021. The report was titled ‘Global Economic Prospects’; in the report, the World Bank stated that the elevated commodity prices are anticipated to…

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