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Nigeria’s Economic Decline: We Cannot Claim Progress While GDP Drops by $100B in a Year – Prof Ekekwe Warns

Renowned economist and technology entrepreneur, Prof. Ndubuisi Ekekwe, has raised concerns about Nigeria’s worsening economic situation, citing significant declines in the country’s Gross Domestic Product (GDP) and unsustainable borrowing practices. Speaking on the current state of Nigeria’s economy, Ekekwe highlighted alarming statistics that reveal a substantial contraction in GDP over the past eight years, and…

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Tanzania completes $300m Lake Victoria bridge, aims to boost regional trade

Tanzania has successfully completed the construction of a 3.2-kilometre bridge over Lake Victoria, an ambitious infrastructure project costing $300 million. The newly completed bridge, which spans the Mwanza Gulf, is set to significantly enhance trade connectivity between Tanzania and its East African neighbours, including Uganda, Rwanda, and Burundi. Located near the city of Mwanza, the…

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C’River Lawmaker Mercy Akpama empowers constituents with business grants, POS machines

The member representing Yakurr 2 State Constituency in the Cross River State House of Assembly, Hon. Mercy Akpama, has empowered two constituents with business grants, including two Point of Service (POS) machines. The empowerment which was held during the Female Legislators Outreach at Nko on 12th October 2024, had Mr Solomon Onen Ofem (from Nko…

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NDCCITMA will complement project HOPE, IFAD programmes – NDDC MD

Following the establishment of the Niger Delta Chambers of Commerce, Industry, Trade, Mines and Agriculture (NDCCITMA), the Managing Director/Chief Executive Officer (MD/CEO) of the Niger Delta Development Commission (NDDC), Chief (Dr) Samuel Ogbuku, has addressed the fears that the initiative will press down on other similar initiatives. Ogbuku while addressing entrepreneurs, business owners and youths…

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Zenith Bank restores full access to digital channels after infrastructure upgrade

Zenith Bank, one of Nigeria’s foremost financial institutions, has successfully restored full operational services across its electronic transaction channels, ensuring that customers can now enjoy seamless access to digital banking services. This restoration follows temporary disruptions caused by a routine upgrade of the bank’s technology infrastructure, which aimed to optimise service delivery but impacted e-channel…

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