VAT hike, naira devaluation, others worsen inflation – CBN gov
The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, has said inflation in the country was worsened by
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Economics
Nigeria’s high population growth, matter of concern – Minister
The Minister of State for Budget and National Planning, Mr Clem Agba, has said the high population growth rate in
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Avoid areas affected by #ENDSARS protests, US warns citizens
The United States Embassy and Consulate in Nigeria has urged all US citizens in the country to avoid areas affected
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#ENDSARS protests, strong signal to address poor state of economy – CSLS
CSL Stockbrokers Limited, a member of the FCMB Group, has said the Nigerian government needs to see the lingering #ENDSARS
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Nigeria, SSA peers received $39bn long-term debt inflows in 2019 – World Bank
Countries in Sub-Saharan Africa accounted for the largest share (24 per cent) of $162 billion net long-term inflows to low-
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Nigeria’s fashion industry rakes in N2tn yearly, says FG
Nigeria’s fashion industry generates annual revenue of around N2 trillion and employs over 30,000 practitioners, the Minister of Information and
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LCCI laments challenges facing businesses at Nigerian ports
The Lagos Chamber of Commerce and Industry has said Customs processes and procedures for the clearance of cargo at Nigerian
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Nigeria becoming economic basket case, says ex-President Obasanjo
A former President, Chief Olusegun Obasanjo, has said Nigeria is becoming an economic basket case. The country has seen its
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CSLS raises concern over Nigeria’s rising budget deficit
CSL Stockbrokers Limited, a subsidiary of FCMB Group Plc, has expressed concern over the rise in budget deficit in Nigeria.
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World Bank cuts economic forecast for Nigeria, sees 4.1% contraction
The World Bank has revised its 2020 forecast for Nigeria’s economy to -4.1 percent, saying the country’s near-term outlook is subject
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