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Fayemi: ECOWAS Reform Key to Tackling Poverty and Insecurity in West Africa

Former Ekiti State Governor, Dr. Kayode Fayemi has called for urgent reform of Economic Community of West African States (ECOWAS), insisting that the challenges of poverty, inequality, governance deficits, and insecurity in the West African region cannot be effectively addressed by the regional bloc in its current form. Speaking in Abuja at the second edition…

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Stakeholders React as FG Slams 15% Import Duty on Petrol and Diesel

By Katherine Abayomi The Federal Government’s decision to impose a 15 percent import duty on petrol and diesel has continued to generate mixed reactions across the oil and gas industry. While the policy aims to protect local refineries and promote energy security, stakeholders have warned of potential short-term economic disruptions. National President of the Petroleum…

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National Assembly Approves Tinubu’s $2.35bn External Loan Request

The National Assembly has approved President Bola Tinubu’s request to secure a total of $2.347bn from the international capital market to part-finance the 2025 budget deficit and refinance maturing Eurobonds. Also granted was Tinubu’s request to issue a $500 million debut sovereign sukuk in the international capital market (ICM) to fund infrastructure projects and diversify…

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