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Economic Analysis

Confirmed: Tinubu spends N5.4trn on petrol subsidy in 2024 amid lies, denials by ministers

PRESIDENT Bola Ahmed Tinubu spent N3.6 trillion on petrol subsidy in 2023 and will increase the expenditure to N5.4 trillion in 2024 despite a...
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Business

AIICO Insurance faces 34 court cases, directors’ allowances jump by 39% in 12 months

AIICO Insurance Plc, a leading non-banking financial services provider in Nigeria, is facing 34 court cases from clients and...

Breaking: CBN cancels banking license of Heritage Bank, appoints NDIC as liquidator

....Bank to be liquidated The Central Bank of Nigeria (CBN) has revoked the banking license of Heritage Bank, appointing the...
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Interview

Kalu Aja to Tinubu: Give families cash to spend, waive taxes, import food

MR Kalu Aja is a Certified Financial Education Instructor and an expert at capital market operations, investment, asset management, and economics. He worked at...
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Big Investigations

Rivers State earns N55bn from transport tax but less than 1% goes into government purse

IN the southern Nigerian state of Rivers, road tax is collected by non-state actors. And these individuals pocket nearly everything. This investigation reveals for the...

Fact-Check

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Government Business

REVEALED: Seven Dubai properties linked to Attahiru Bafarawa, former governor of Nigeria’s poorest state, valued at N12bn

REAL estate experts in Dubai have put the value of seven Dubai properties linked to former Governor of Sokoto...

Political Economy

Fubara activates Plan B as Tinubu claims neutrality in Rivers State crisis, Wike camp unsettled

GOVERNOR Sim Fubara has activated Plan B in Rivers State crisis, which will see him take total control of...
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Education

Polaris Bank loses N26bn loans granted to 6 ex-directors without collaterals

...one ex-director with N31bn loan placed on watchlist POLARIS Bank has lost N26.005 billion worth of loans granted to 6...

Environment

International firms exit Nigeria leaving oil communities worse off

INTERNATIONAL firms are announcing exits and selling their assets in Nigeria, but they are leaving oil communities where they...