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U.S. Population Growth Set to Slow, Potential Decline by Mid-Century, CBO Reports

The United States is on track for a sustained slowdown in population growth, with projections indicating that the nation’s population could begin to shrink after 2056, according to a new report by the Congressional Budget Office (CBO). The analysis cites declining birth rates, an aging population, and moderating immigration as key factors behind the projected […]

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Markets Mixed as Geopolitics, Policy Signals, and AI Optimism Pull in Opposite Directions

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Global equity markets traded unevenly on Wednesday as investors balanced rising geopolitical tensions and policy uncertainty against sustained enthusiasm for artificial intelligence and select corporate developments. In the United States, stock indexes diverged. The Dow Jones Industrial Average edged lower after opening the year with a three-day winning streak, reflecting cautious sentiment around policy risks

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NIGERIAN HOUSEHOLDS CUT REAL SPENDING BY N14 TRILLION IN 2024 AMID SOARING INFLATION

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Household consumption in Nigeria contracted sharply in 2024, with spending at constant prices declining by N14.29 trillion from the previous year, according to the latest statistical bulletin from the Central Bank of Nigeria (CBN). The drop reflects the combined impact of high inflation and rising costs of essential goods and services. The CBN data showed

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SAHARA POWER TARGETS 7,000MW CAPACITY AS SECTOR REFORMS BOOST INVESTMENT

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Sahara Power Group has announced plans to increase electricity generation to between 6,500 and 7,000 megawatts over the next three to five years, following Federal Government reforms and initiatives to address legacy debts in Nigeria’s power sector. Group Managing Director Kola Adesina said the company intends to invest heavily in both gas and renewable energy

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DANGOTE REFINERY DENIES SHUTDOWN, CONFIRMS 50 MILLION LITRES DAILY OUTPUT

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Lagos, Nigeria – Dangote Petroleum Refinery has rejected reports suggesting a shutdown for maintenance, describing such claims as false and misleading. The company confirmed that production remains stable and uninterrupted, with the capacity to supply 40–50 million litres of Premium Motor Spirit (PMS) daily. In a statement on Monday, the refinery said it produced 50

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Nigeria’s Tax Reset in 2026: How the New System Affects Workers, Businesses, and Everyday Life

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By Takon Elijah Temitope, Adejumobi Adeolu Richard Nigeria’s 2026 tax reform is one of the most consequential policy shifts in recent years—quiet in announcement, but far-reaching in impact. Rather than introducing new taxes or raising rates, the reform focuses on something more fundamental: fixing how taxation works. For decades, Nigeria’s tax system has been weighed

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