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“15% inflation rate is an unrealistic target for 2025”, Bismarck Rewane cautions Nexovant
Bismarck Rewane has advised the federal government to ensure efficient spending and work to improve local production The renowned economist called out the overambitious inflation rate target, as noted in President Tinubu’s proposed budget He, however, hinted at the likelihood of the inflation rate increasing in December because of the festivities associated with the month […]
Flight Cancellation: ECOWAS approves increased compensation rates for passengers across member states Nexovant
The Economic Community of West African States (ECOWAS) has approved an increased rate of compensation for passengers whose flights are cancelled or delayed across member states. The approval is contained in the final communique of the ECOWAS Sixty-Sixth Ordinary Summit posted on its X page on Monday. The bloc, chaired by Nigerian president Bola Tinubu, […]
US Fed begins final 2024 rate meeting with cut expected Nexovant
Jerome Powell, seen in November, is expected to indicate the Fed may cut rates more slowly in the coming months. Photo: ANDREW CABALLERO-REYNOLDS / AFPSource: AFP The US Federal Reserve began its last interest rate meeting of the year on Tuesday, with expectations high for another rate cut and a signal from policymakers that the […]
Yuletide: Extend free rides to road transport, Rewane tells Tinubu Nexovant
Bismarck Rewane has stated that the FG’s free transportation would impact more Nigerians if it included road transportation He said Nigeria has few rail points, and they do not run through all the states, hence the need to include road transportation He urged FG to address core productivity issues for Nigerians to see long-term benefits […]
A US farm breeds pigs for human kidney transplants Nexovant
Young genetically altered pigs walk past a ball in their pens at the Revivicor research farm in Blacksburg, Virginia on November 20, 2024. Photo: Andrew Caballero-Reynolds / AFPSource: AFP On a farm in the southern US state of Virginia, David Ayares and his research teams are breeding genetically modified pigs to transplant their organs into […]
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