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In a report titled: “The Misery Index 2018,” authored by Dr. Steve Hanke of the Johns Hopkins University in Baltimore, Maryland, Nigerians have been labelled the sixth most miserable people in the world. The misery index was introduced in the 1970s by Arthur Okun, an American economist, author of the seminal work, Equality and Efficiency: The Big Trade Off (1975).
A notice by Minister of Budget and National Planning, Senator Udoma Udo Udoma and Executive Chairman of Federal Inland Revenue Service (FIRS) Mr. Babatunde Fowler of government’s intention to raise the rate of value added tax (VAT) before the end of 2019 is presently causing ripples among various categories of Nigerians.
Tony Elumelu, chairman of Heirs Holdings, says access to electricity is critical to growing Nigeria’s economy.
Adams Oshiomhole, national chairman of the All Progressives Congress (APC), says Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), is working for foreign interests.
Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), on Sunday, asked President Muhammadu Buhari to resign over his Friday’s comment that Nigeria’s economy was in a bad shape.
The federal government Thursday gave reasons why American firm – General Electric (GE), pulled out of a planned $2.7 billion deal to concession and rehabilitate Nigeria’s narrow gauge railway, stating that GE was no longer in the business of transportation and had to hand over its interest in the deal to another firm.
The presidential candidate of the Peoples Trust, Gbenga Olawepo-Hashim, has berated the ruling All Progressives Congress for what he described as the party’s poor economic management strategy, which he said has led to greater poverty amongst Nigerians.
President Muhammadu Buhari has said that his administration will continue to implement policies that will make Nigeria’s economy, which is already looking good, better.
Mbaka described Atiku as bureau de change, according to him, because of the foreign currencies that allegedly exchanged hands at the National Convention of the People’s Democratic Party, PDP, before the ex-VP emerged the party’s presidential candidate.
Godwin Emefiele, governor, Central Bank of Nigeria (CBN), has said maintaining stable exchange rate to avoid depreciation of the naira is better than building foreign reserve buffers.
The Joint Admissions and Matriculation Board says it has caught someone it described as a “notorious cheat” who had registered for the UTME 64 times, with the intention of writing the examination for 64 candidates.
Police have foiled a planned procession to demand the release of former National Security Adviser, Col. Sambo Dasuki (rtd) in Sokoto state.
Any move by Iran to close the strategic Strait of Hormuz in response to the United States ending oil waivers for purchases of Iranian oil would be unjustified and unacceptable, a senior administration official said on Monday.
Iran denounced US sanctions on its oil sector as "illegal" on Monday after the United States announced it will no longer grant sanctions exemptions to Iran's oil customers.
The Federal High Court sitting in Awka will on May 30, 2019, begin hearing on the case of obtaining by false pretence involving the manager of Nnewi United football club of Nnewi, Mr. Olisa Onuchukwu.
President Muhammadu Buhari has asked all cabinet members to submit comprehensive “status reports on policies, programs and projects” under their watch by April 24.
The Economic and Financial Crimes Commission (EFCC) will on Thursday arraign Justice Rita Ofili-Ajumogobia on 18 charges at the Federal High Court in Lagos.
Polls have opened in Ukraine's presidential runoff vote between anti-establishment political novice Volodymyr Zelensky and incumbent President Petro Poroshenko.
Dereck Chisora has offered to replace Jarrell Miller and fight Anthony Joshua at Madison Square Garden in June.
Paris Saint-Germain have promised fundraising initiatives to aid the restoration of Notre Dame cathedral following Monday's fire.