Author: Blacc Theddi
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767 Manufacturing Firms Shut Down Due to New Levy in Nigeria
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In 2023, Nigeria saw 767 manufacturing firms shut down, with another 335 in distress, according to the Manufacturers Association of Nigeria (MAN). These closures and distresses are due to the many challenges the sector faces, like high interest rates, foreign exchange issues, and unsold products worth N350 billion. The newly…
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Unboxed Party Season Opener: Celebrity Cosplay
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Excitement is building as the Unboxed party prepares for its season opener Celebrity Cosplay on Thursday, 14th March, at the Reboot Luxury Place on Geneva Road, Okpuno. This edition promises to be bigger and better than ever, with a main highlight on Celebrity Cosplay, allowing attendees to dress up as…
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The Situation in Nigeria
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ObserversLook Says Nigeria Is Going Downhill Recent events in Nigeria have highlighted the challenges facing the nation, particularly in terms of economic hardship and food security. The looting of a warehouse belonging to the Federal Capital Territory (FCT) Department of Agriculture in Abuja is just one example of the desperation…
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Meek Mill Eyes Ghana Citizenship
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American hip-hop star Meek Mill has expressed his desire to gain Ghanaian citizenship, citing a deep connection with the country and its people. The rapper, who made his first visit to Ghana in 2022, was captivated by the warm reception he received from ordinary Ghanaians to top politicians. During his…
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Peter Obi: Politician of 2023
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Former Presidential Candidate Urges Unity Peter Obi’s recent accolade as the Politician of the Year 2023 by the Leadership Newspapers Group Limited adds another feather to his cap, further solidifying his status as a prominent figure in Nigerian politics. Beyond this recognition, Obi’s journey from a former Governor of Anambra…
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US Imposes Sanctions on Zimbabwe’s President
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The United States has imposed sanctions on Zimbabwe’s President Emmerson Mnangagwa, citing corruption and human rights abuses. The sanctions also target other senior leaders, blocking their assets in the US and preventing them from traveling there. The new sanctions replace a broader program introduced two decades ago. The White House…
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Correction: UAE Visa Ban on Nigerian Travelers Not Yet Lifted
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The Federal Government of Nigeria has clarified that the United Arab Emirates (UAE) is yet to lift the visa ban imposed on Nigerian travelers. This update comes after earlier reports suggested that the ban had been lifted following discussions between President Bola Tinubu and President of the UAE, Sheikh Mohammed…
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Exit Exodus: Nigeria’s Policy Pitfalls
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In the wake of recent events involving Binance’s departure from Nigeria, it’s crucial to examine the broader context of company exits that have occurred in the country. These exits, ranging from startups to multinational corporations, raise questions about the impact of Nigeria’s economic policies on businesses and the overall economy.…