Nigeria’s inflation seen nearing 15% on petrol price, power tariff
The recent hikes in petrol price and electricity tariff will push Nigeria’s inflation to 14.8 percent in November from 14.23
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Economics
Bad loans in Nigerian banks drop despite COVID-19 crisis
The volume of non-performing loans in the banking sector fell by 3.50 percent to N1.17 trillion in the third quarter
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Elumelu’s foundation, EU to empower 2,500 African women
The Tony Elumelu Foundation announced on Friday a partnership with the European Union to identify, train, mentor and fund 2,500
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Reopen borders to unlock growth potential, IMF advises Nigeria
The International Monetary Fund has advised the Nigerian government to lift trade restrictions as part of reforms needed to unlock
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20 million Nigerians could become poor by 2022 – World Bank
The number of poor Nigerians could increase by 15 to 20 million by 2022 in the absence of measures to
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Nigeria’s border closure doing more harm than good – CSLS
CSL Stockbrokers Limited, a member of the FCMB Group, has said the lingering closure of the Nigerian borders has done
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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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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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