Tag: why

Why fossil fuel phaseout is unavoidable - UN
Oil and Gas

Why fossil fuel phaseout is unavoidable – UN

The United Nations Secretary-General, António Guterres, stated that phasing out fossil fuels was not only necessary but also unavoidable. The PUNCH reported that he urged countries to take action and hasten the switch from fossil fuel to clean energy, with the largest emitters setting the example, during a speech on Friday in honour of the […]

Why CBN won't print naira again - Budget minister
Banking

Why CBN won’t print naira again – Budget minister

The Federal Government has stated that it will no longer permit the Central Bank of Nigeria to print money through Ways and Means to pay the budget deficit in the face of revenue pressures on the 2024 national budget. The Minister of Budget and National Planning, Atiku Bagudu, revealed this information in an interview with journalists […]

Why naira-dollar can't be stable - Minister
Business Economy featured

Why naira-dollar can’t be stable – Minister

Christian George The Minister of Budget and Economic Planning, Atiku Bagudu, has revealed why naira to dollar exchange rate can not be stable despite government settlement for N800/$ exchange rate. Bagudu explained that what leads to the fluctuation of exchange rate are as an aftermath of uncontrollable circumstances. The Minister who said this in an […]

Why Nigerian billionaires dropped on global billionaires ranking
Business featured

Why Nigerian billionaires dropped on global billionaires ranking

Nigerian billionaires, Aliko Dangote – President/Chief Executive of the Dangote Group, AbdulSamad Rabiu – BUA Group chairman, and Mike Adenuga – Globacom chief, have dropped on the global billionaires ranking. This is coming less than one year after Forbes magazine named three Nigerians among its 2460 individual billionaires in its 2023 Billionaires list. According to […]

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