Nigeria’s economy beats World Bank, IMF estimates, emerges from recession
Nigeria, Africa’s biggest economy, has snapped out of recession as it recorded positive growth in the fourth quarter of 2020,
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Rising food prices will worsen Nigeria’s poverty situation – LCCI
The Lagos Chamber of Commerce and Industry has said the rising food prices in Nigeria will worsen the poverty situation
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NNPC rules out petrol price hike this month
The Nigerian National Petroleum Corporation has ruled out any increment in the ex-depot price of Premium Motor Spirit (petrol) this
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WorldRemit welcomes CBN mandate on new dollar bank accounts
WorldRemit, a cross-border digital payments service, has described as a welcome development the Central Bank of Nigeria’s announcement that all
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Naira falls against dollar at parallel market, I&E window
The Nigerian currency has pared some of its recent gains as it weakened against the dollar at the parallel market
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Nigeria’s forex reserves down $570m to $35.63bn despite oil rally
The foreign exchange reserves of Nigeria, Africa’s biggest oil producer, fell by $570 million in the first 15 days of
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Get on board or be left behind, Okonjo-Iweala tells Nigeria, others
The new Director-General of the World Trade Organization, Dr Ngozi Okonjo-Iweala, has said Nigeria and other African countries should embrace
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Nigeria’s inflation surges to 16.47%, highest in 45 months
The inflation rate in Nigeria rose further in January to its highest level in 45 months, official data showed on
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Universal Insurance grows annual profit by 1,646%
Universal Insurance Plc has reported an increase of 1,646 percent in its profit after tax for the 2020 financial year.
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Naira plummets to record low against dollar at I&E window
The Nigerian currency extended its decline on Monday, falling to a record low against the dollar at the Investors’ and
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