Politics
General news on the economy and politics.
Uganda Elections: Museveni re-elected for 6th term with 58.6% of the votes
Uganda's President Museveni has won a 6th term in office as the opposition alleges wide-scale rigging.
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Okonjo-Iweala speaks on Twitter’s suspension of Donald Trump
Dr Ngozi Okonjo-Iweala has given her opinion on Twitter's suspension of US President, Donald Trump.
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2021 budget: Lagos to fund deficit of N192.49 billion with internal, external loans
Lagos to fund 2021 budget deficit of N192.494 billion by a combination of internal and external loans.
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Lagos to spend 60% of N1.16 trillion budget on capital projects
60% of Lagos State's 2021 budget will go into capital projects, says the state's Commissioner for Budget and Economic Planning.
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Nigeria’s GDP growth to rebound between 1.7% and 2.0% in 2021 – United Capital report
Nigeria’s GDP is expected to grow between 1.7% and 2.0% in 2021.
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Slower recovery in key markets will drag growth in Sub-Saharan Africa in 2021- United Capital report
Slower than required recovery in key markets, notably South Africa, Nigeria and Angola, may drag Sub-Saharan Africa (SSA) growth in...
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FG to create “Special Instruments” as part of plans to formalize its borrowing from CBN
Minister of Finance revealed there are plans to convert loans from the CBN into tradeable securities.
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Senate President says PIB will increase Nigeria’s oil revenue
Lawan has assured Nigerians that the Senate will prioritise the PIB when it resumes sitting later in the month.
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FG posts 27% revenue shortfall in 2020 as budget deficit hit N6.1 trillion
The FG reported a revenue shortfall of 27% in 2020 increasing the amount of money borrowed by the government to...
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FG borrows N2.8 trillion from CBN via Ways and Means
To fund the 2020 budget, FG borrowed N2.8 trillion from CBN
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