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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Nigeria’s external reserves resume decline, fall to $35.72bn
Nigeria’s foreign exchange reserves have started falling again, losing $23 million in the six days to last Thursday, according to
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Nigerian stocks post N740bn weekly gain
Nigerian stocks finished the week with a gain of N740bn as the benchmark index rose by 5.30 percent. The Nigerian
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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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Transcorp Hotels gets approval for free float compliance extension
The Nigerian Stock Exchange has approved Transcorp Hotels’ request for a three-year extension of its free float compliance. The company
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Nigeria’s oil revenue rises by 168% above budget target
Oil revenue generated by the Federal Government as of July this year was 168 percent higher than the target in
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COVID-19’ll push 40 million Nigerians, others into extreme poverty – World Bank
The number of people in extreme poverty in Nigeria and other sub-Saharan African countries will swell by 40 million as
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COVID-19: 150 million risk extreme poverty, says World Bank
The COVID-19 pandemic is estimated to push an additional 88 million to 115 million people into extreme poverty this year,
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Nigeria’s broadband penetration hits 43.3%
Broadband penetration in Nigeria rose to 43.3 percent in August from 42.02 percent in the previous month, according to the
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