Economy
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Nigeria’s public debt, others hit 50-year high – World Bank
The World Bank Group has said that public debt in Nigeria and other low- and middle-income countries is now at…
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Stock investors lose N767bn in one week
Investors lost the sum of N767billion at the end of trading on the floor of the Nigerian Exchange Limited last…
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Monetary policy alone cannot solve forex challenges – Emefiele
In the face of rising demand for foreign exchange for goods, services, and other needs, the Governor, Central Bank of…
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PenCom begins verification of retirees/prospective retirees of MDAs — Official
The National Pension Commission (PenCom) says it has concluded plans to begin verification of retirees/prospective retirees of Federal Government Ministries,…
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Nigeria’s rising food prices, galloping inflation, citizen’s poverty worrisome – IMF
Rising cost of transportation, depreciation of the Naira as well as the ongoing Russia-Ukraine war have been identified as factors…
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Nigeria now borrowing to pay salaries – FG
That Nigeria’s current economic dire stress, is stretching to its limit, came to the fore on Tuesday with Anamekwe Nwabuoku,…
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Nigeria’s inflation rate rises to 17.71% – NBS
Nigeria’s inflation rate increased to 17.71 percent on a year-on-year basis in May 2022, according to figures released by the…
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Nigeria’s debt rises to N41.6trn
Nigeria’s debt grew to N41.6 trillion in the first quarter ended March (Q1 2022), an increase of N2.05 trillion versus…
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Businesses on the verge of collapse as price of diesel hits almost N1,500/litre
About 75 per cent of filling stations across the country are currently out of business due to their inability to…
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CBN, Bankers’ Committee hold maiden non-oil exports summit
The maiden summit on non-oil exports under the Race to US$200 billion in Foreign Exchange (FX) Repatriation (RT200) programme launched…
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