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Wednesday, July 28, 2021
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CATEGORY

Economy

When Central Bankers Become Worried

Central Bankers are often known to be calm and not rock the markets too much with statements that could be interpreted one way or...

Nigeria’s Active Labor Force Plunged by 20 million in Two Years – World Bank

The number of Nigerians active in the labour force plunged by 20 million between 2018 and 2020, the World Bank has said.The bank said...

Nigeria to Adopt Oil Benchmark Price of $57 Per Barrel in 2022

Nigerian Finance Minister Zainab Ahmed said on Wednesday that the government is assuming a crude oil benchmark price of $57 per barrel for the...

India, Spain, China Emerge Nigeria’s Top Trade Partners in Q1, 2021

India, Spain and China were the top trading partners to Nigeria in the first quarter of 2021, according to the latest foreign trade report...

FCT, Lagos, Kaduna, Anambra Have Most Sustainable Debt Burden

Nigerian States and Federal Debt Stock data as of 31st March 2021 reflected that the country's total public debt portfolio stood at N33.11 trillion,...

Dangote Catapults Nigeria into Top – 10 Urea Producers Globally

Dangote Industries Limited $2.5 billion granulated urea fertilizer plant which commenced operations this month has catapulted the country to become a top-10 producer of...

CBN Spending Net Sum of $1billion a Month to Defend Naira

The Central Bank of Nigeria (CBN) is spending a net sum of roughly $1 billion a month to defend the Naira even as pressure...

Buhari Seeks Senate’s Approval of N895bn 2021 Supplementary Budget

President Muhammadu Buhari has written to the Senate seeking its approval of the 2021 Supplementary Budget which portfolio stands at N895 billion.The President of...

West African States Postpone Launch Of Regional Currency ECO To 2027

An ambitious plan for 15 West African countries to adopt a common currency the ECO has been pushed back to 2027.The eco, meant to...

Nigeria to See Growth Rebound in Q2, Q3 2021 – World Bank

Nigeria is set to see a rebound in growth in the second and third quarter of 2021, according to the World Bank in a...

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