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Amid growing economic hardship in Nigeria, First Lady Senator Oluremi Tinubu and National Security Adviser Nuhu Ribadu have united in a significant appeal for national prayers, aiming to secure divine intervention and inspire a renewed path toward stability and prosperity. This appeal is deeply rooted in a belief that Nigeria’s healing, both economically and socially, is tied not only to government policy but also to collective spiritual and moral action. .              foremedia The Current State of Affairs Nigeria is grappling with severe economic difficulties, including rising food prices, unemployment, and a struggling healthcare system. The situation has sparked widespread concern, and religious leaders have been actively urging the government to address core issues like food scarcity and high living costs. While some progress has been noted—such as educational loans for students—critics argue that the government needs to d...

In a significant stride toward bolstering Nigeria’s economic stability, the Federal Government has successfully raised $900 million for a domestically denominated fund.  This substantial financial initiative reflects the government's commitment to fostering local economic growth, reducing dependence on foreign loans, and mitigating the risks associated with foreign currency fluctuations. ads Why a Domestically Denominated Fund ? In an era where global economic uncertainty has become the norm, nations are increasingly looking inward to stabilize their economies.  For Nigeria, raising funds in its own currency presents several strategic advantages: Reducing Foreign Exchange Risk : By denominating the fund in Naira, Nigeria shields itself from the volatile swings in exchange rates that often accompany foreign-denominated debt. This reduces the burden of debt repayment and protects the national economy from external shocks. ads Strengthening Local Markets : The influx of $900 mill...