Nigerian data agency NBS keeps mum one week after missing GDP rebasing target
By Mary Adenike The National Bureau of Statistics (NBS) has yet to release the country’s rebased figures for Gross Domestic
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Economics
Tinubu jacks up budget 39 days after submission to lawmakers
By Mary Adenike President Bola Tinubu has increased the size of the proposed 2025 budget to N54.2 trillion ($36.4 billion)
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Nigeria’s forex reserves tumble to three-month low of $39.59bn
Nigeria’s foreign exchange reserves have fallen below the $40 billion mark to the lowest point in more than three months. The reserves
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Trump delays tariffs on Mexico, Canada for one month
By Mary Adenike US President Donald Trump has delayed tariffs on Mexico and Canada for one month. This come a day
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Nigeria’s business activity resumes decline after first rise in six months
By Mary Adenike Business activity in Nigeria dropped in January despite the increase in output for the second month and
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Naira weakness spurs Unilever, Cadbury, Guinness to boost exports
By Mary Adenike Several multinationals operating in the Nigerian fast-moving consumer goods sector increased their exports to other African countries
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Trump’s tariffs trigger trade war as Canada, Mexico, China vow retaliation
Canada and Mexico vowed to hit back at US tariffs with tit-for-tat measures, after President Donald Trump followed through on
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South Africa cuts interest rate to 7.5% as inflation rises
By Mary Adenike South Africa’s central bank on Thursday reduced its Monetary Policy Rate for a third straight meeting to
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Access Bank set to host Africa Trade Conference in South Africa
Access Bank Plc is set to host its first-ever Africa Trade Conference (ATC), an event focused on advancing Africa’s economic
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Lagos short-let market gains steam with revenue seen hitting N300bn
*Upscale Ikoyi, VI lead revenue growth By Mary Adenike The short-let market in Lagos State, Nigeria’s commercial capital, is gaining
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