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Top Stories
- Nigeria's Economy Grows by 2.3% in Q1 2023: The National Bureau of Statistics (NBS) has announced that Nigeria's economy grew by 2.3% in the first quarter of 2023, driven by growth in the agriculture and services sectors.
- Buhari Signs New Electoral Act into Law: President Muhammadu Buhari has signed the new Electoral Act into law, which aims to improve the transparency and credibility of elections in Nigeria.
- Nigeria's Inflation Rate Rises to 17.1% in April: The National Bureau of Statistics (NBS) has announced that Nigeria's inflation rate rose to 17.1% in April, driven by increases in food and housing costs.
Politics
- APC Primaries: Tinubu Wins Lagos Governorship Ticket: Bola Tinubu, a former Governor of Lagos State, has won the All Progressives Congress (APC) governorship ticket for the 2023 elections.
- PDP Primaries: Atiku Abubakar Wins Presidential Ticket: Atiku Abubakar, a former Vice President of Nigeria, has won the presidential ticket of the Peoples Democratic Party (PDP) for the 2023 elections.
- Nigeria's 2023 Budget Passes Second Reading in Senate: The 2023 budget has passed its second reading in the Senate, with lawmakers approving a total expenditure of N17.1 trillion.
Business
- Nigeria's Stock Market Rises by 1.3%: The Nigerian Stock Exchange (NSE) has risen by 1.3% in the past week, driven by gains in the banking and consumer goods sectors.
- Dangote Cement to Invest $1.5 Billion in New Plant: Dangote Cement, Nigeria's largest cement producer, has announced plans to invest $1.5 billion in a new cement plant in the country.
- Nigeria's Oil Production Rises to 1.4 Million Barrels per Day: Nigeria's oil production has risen to 1.4 million barrels per day, driven by increased production from the Niger Delta region.
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