Economy

Investments in Lekki will triple Lagos GDP, create jobs for youths, says Sanwo-Olu

Governor Bababjide Sanwo-Olu of Lagos State has said that the multi-billion dollars investments in the Lekki Corridor will multiply Lagos Gross…

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Nigeria’s unemployment level now second highest in the world

Nigeria’s unemployment level is now the second highest in the world, according to a global list of countries monitored by…

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Nigeria’s external reserves drop by $523m in two weeks

Nigeria’s external reserves dropped by $523m to $34.475bn as of March 16 from $34.998bn as of March 1, figures from…

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Top 10 poorest states in Nigeria (2021 Updated)

Nigeria is a nation favored with mineral assets and is comprised of 36 states. These states are intended to be…

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Nigeria needs 5m jobs yearly for 10 years to tackle unemployment – WTO DG

The Director-General of the World Trade Organization (WTO), Dr Ngozi Okonjo-Iweala, has said that Nigeria needs to create 5 million…

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Insurgency: UN, FG launch $1bn 2021 Humanitarian Plan for Northeast

The United Nations and the Federal Government along with development partners have launched the 2021 Humanitarian Response Plan for the…

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BREAKING: Naira crashes to N485/$1

In spite of the Central Bank of Nigeria (CBN) warning that forex speculators and hoarders will be punished, speculators have…

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Breaking: Nigeria’s Public Debt stands at N32.9 trn — DMO

Nigeria’s total public debt as of December 31, 2020, stood at N32.915 trillion. The figures include the Debt Stock of…

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Nigerian’s unemployment rate hits 33.3%, 23.18million jobless – NBS

Nigeria’s unemployment rate rose from 27.1 per cent in the second quarter of 2020 to 33.3 per cent in the…

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Nigeria’s foreign trade dropped by N7tr in 2020 — NBS

The National Bureau of Statistics (NBS) has reported that Nigeria lost N7.38 trillion in foreign trade in 2020. The Foreign…

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