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FILE PHOTO - Wads of British Pound Sterling banknotes are stacked in piles at the Money Service Austria company's headquarters in Vienna, Austria, November 16, 2017. REUTERS-Leonhard Foeger

Britain’s credit rating slips to negative

Credit ratings agency Moody’s on Friday downgraded the outlook for Britain’s debt, citing mounting policy challenges amid the Brexit debate.

Moody’s lowers India’s credit outlook to negative

Moody’s Investor Service has lowered India’s credit ratings outlook to negative, saying its decision reflected increasing risks of a prolonged slowdown and rising debt.

Kaduna generates N30.3 billion IGR in ten months

The Kaduna State Internal Revenue Service (KDIRS) said on Thursday that the state has generated N30.3 billion as Internally Generated Revenue (IGR) in 10 months.

Godwin Emefiele: Crude oil can never rise above $100 per barrel in our lifetime

Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, on Friday said that there was no better time to diversify the Nigerian economy than now because the era of crude oil boom was over and that the commodity can never rise above $100 a barrel anymore as Was the case few years ago.
A pro-democracy protester throws a fire bottle towards riot police during a rally against police brutality in Hong Kong, China, 27 October 2019 Lynn Bo Bo-EPA

Hong Kong falls into first recession in a decade

Hong Kong slid into recession for the first time in a decade in the third quarter, weighed down by increasingly violent anti-government protests and the protracted U.S.-China trade war.
Oyo State Government is setting its eyes on the solid mineral sector to boost its Internally-Generated Revenue, IGR, the Special Adviser on Solid Minerals Development, Mr Abiodun Oni, has said.

Oyo targets solid minerals to boost revenue

Oyo State Government is setting its eyes on the solid mineral sector to boost its Internally-Generated Revenue, IGR, the Special Adviser on Solid Minerals Development, Mr Abiodun Oni, has said.

Economy doing better with border closure – central bank

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on Monday insisted that neighbouring countries must engage with Nigeria before the Nigerian border is reopened.

NEITI: Federal government earned N52 billion from solid minerals in 2017

The solid minerals sector contributed N52.75 billion to federation revenue in 2017, a 21 percent increase on the N43.22 billion contributed by the sector in 2016.
Waziri Adio NEITI

NEITI: Nigeria earned N52.75 billion from solid minerals in 2017

The Nigeria Extractive Industries Transparency Initiative (NEITI) in its latest report released in Abuja on Sunday reveals that the solid Minerals sector contributed N52.75 billion to the federation revenue in 2017.
The border closure has affected goods from other West African countries. Wikimedia Commons

Nigeria’s border closure has implications for Africa’s economic integration

Nigeria recently partially closed its border with Benin in an effort to stem the smuggling of rice. It then went on to close its land borders to the movement of all goods from Benin, Niger and Cameroon, effectively banning trade flows with its neighbours.

Nigeria’s new rating by World Bank commendable – analyst

A Public Affairs Analyst, Mr. Carl Umegboro, has commended President Muhammadu Buhari on the recent 15 places rise rating of Nigeria in the latest index from the World Bank.
The International Monetary Fund (IMF) has backed Nigeria’s closure of its borders with some neighbouring countries over issues bordering on illegal trade.

IMF: Nigeria’s border closure hurting Benin, Niger economies

The International Monetary Fund (IMF) has said the sustained closure of the Nigerian land borders is hurting economies of Benin Republic and Niger Republic.

CBN and the $2.6bn or $26bn diaspora remittances

In the World Bank’s 2018 report, titled, “Nigerians Living abroad sent $22bn home in 2017”, the Bank noted that the top recipients of the Diaspora remittances in the world were India with $69bn, Chile ($64bn), Philippines $33bn, Mexico $31bn, Nigeria $22bn and Egypt $20bn
The International Monetary Fund (IMF) has backed Nigeria’s closure of its borders with some neighbouring countries over issues bordering on illegal trade.

IMF backs Nigeria on border closure

The International Monetary Fund has backed Nigeria’s closure of its borders with some neighbouring countries over issues bordering on illegal trade.
Governor Seyi Makinde

Oyo government targets N20 billion monthly internally-generated revenue

This is a sharp departure from the IGR generations from the previous administrations in the state as records revealed that the state’s IGR during the era of Senator Abiola Ajimobi was between N2billion and N2.5billion.
Pound Sterling

Pound drops as Boris Johnson faces battle to pass Brexit bill

Sterling fell Friday as investors fret over Boris Johnson’s chances of pushing his Brexit deal through parliament, while Asian markets were mostly down after data showed China’s economy expanded at its slowest pace in nearly three decades.
Lagos State Governor, Babajide Sanwo-Olu has disclosed that the State Government is in the process of acquiring an estimated 32,000 hectares of farmland for rice cultivation in seven states.

Lagos government to acquire 32,000 hectares farmland for rice cultivation

Lagos State Governor Babajide Sanwo-Olu has disclosed that the State Government is in the process of acquiring an estimated 32,000 hectares of farmland for rice cultivation in seven states.
National Bureau of Statistics NBS

NBS: Border closure pushed inflation to 11.24 percent

The Consumer Price Index released by the National Bureau of Statistics on Tuesday showed inflation index rose to 11.24 per cent in September, barely a month after the border closure.

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Paris Saint-Germain's German coach Thomas Tuchel reacts at the final whistle during the UEFA Champions League group C football match between Liverpool and Paris Saint-Germain at Anfield in Liverpool, north west England on September 18, 2018. / AFP PHOTO / Paul ELLIS

Tottenham targeted Thomas Tuchel before hiring Jose Mourinho

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FILE - Fiona Hill, senior director for European and Russian Affairs on the National Security Council, is seen during a meeting in the Cabinet Room of the White House, April 2, 2019, in Washington.

Former adviser, diplomat to testify in Donald Trump impeachment inquiry

Two additional advisers will testify Thursday as the U.S. House of Representatives holds a marathon week of public hearings on the impeachment inquiry into President Donald Trump.

Woman googled ‘I’m going to kill tonight for fun’ before murdering lover

A teenager who choked a man to death after meeting him on dating app Plenty of Fish had Googled ways to ‘kill and get away with it’, a court heard.
Abdulrahman Abdulrazaq

Kwara governor urged to pay salary arrears

Teachers under the Kwara State Universal Basic Education Board (SUBEB) yesterday urged Governor AbdulRahman AbdulRazaq to pay their four months’ salary arrears.

Gunmen abduct six people in Kaduna

“We are now in confusion because those abducted were four males and two women. Among the women was a nursing mother known in this community as Matar Ghali. They took her away while the husband Ghali escaped. Gambo and Bukar are among those abducted. These are all poor people and so far we have identified six people that were abducted,” he said.