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Local News

APC accuses Kano DMO of misleading debt claims

The All Progressives Congress (APC) has criticized recent statements made by the Kano State Debt Management Office (DMO), dismissing claims that the current debts...
Health

NAFDAC DG reveals inherited N3.2 billion debt

Prof. Mojisola Adeyeye, Director-General of the National Agency for Food and Drug Administration and Control (NAFDAC), revealed on Friday that she inherited a debt...
Business

CBN Gov. links high interest rates to ₦27 trillion government loan

Yemi Cardoso, Governor of the Central Bank of Nigeria (CBN), has attributed the rising high interest rates to the excessive ₦27 trillion loan facility...
Education

Aliko Dangote University regains power supply following N100 million settlement

The Kano Electricity Distribution Company (KEDCO) has reconnected power to Aliko Dangote University of Science and Technology, Wudil, following a payment of N100 million. This...
Business

Foreign investors pull out N267.47 billion from Nigerian equities market

In the first five months of 2024, foreign portfolio investors (FPIs) withdrew N267.47 billion from Nigeria’s equities market, compared to the N190.82 billion they...
Business

Nigeria’s public debt stock increases to N121.67 trillion in Q1 2024 – NBS

Nigeria’s public debt stock increased from N97.34 trillion (108.23 billion dollars) in the fourth quarter of 2023 to N121.67 trillion (91.46 billion dollars) in...
Cover Stories

African countries suffering debt hangovers — Macron, UN

The United Nations Secretary General, Antonio Guterres, and French President Emmanuel Macron said on Thursday that African countries are facing challenges that hinder growth...
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