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Nigeria’s Debts Approaches N60tr

NIGERIA’S debts may rise above N60 trillion by the end of first quarter following a move by the Federal Government to convert its N11.91 trillion indebtedness to the Central Bank of Nigeria (CBN) to formal securitised loans. Last year, the…

FG Approves New Increase In Electricity Tariff

The Federal Government through the Nigerian Electricity Regulatory Commission (NERC) has again approved an increase in electricity tariff across the country. Recall that the electricity distribution companies (DisCos) began implementation of a service-based reflective tariff (SRT) structure nationwide in November…

Traders: we are waiting for borders to reopen

About one week after President Muhammadu Buhari ordered the reopening of the borders shut one year ago, traders in Seme and Illela border, Sokoto State, said they were awaiting the reopening of the borders to business. When our correspondent visited…