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Thursday, May 13, 2021
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CATEGORY

Economy

CBN Dollar Reserves Hit One Month High of $34bn

The Central Bank of Nigeria (CBN) has managed to stop the bleeding in external reserves as gross dollar reserves hit a one month high...

20.5 Million Jobs Lost in US Over Covid-19 Pandemic

The U.S. economy lost a staggering 20.5 million jobs as many businesses shut down to slow the spread of COVID-19. April’s jobs report shatters...

Nigeria tops list as IMF disburses more than $10bn to Africa

The International Monetary Fund (IMF) yesterday approved $1.23 billion of emergency funding for Kenya and Uganda, saying the coronavirus pandemic is likely to exact...

‘How Government May Beat Oil Price Shock Amid COVID-19’

Against the backdrop of the current downturn in the global oil market and fiscal disruptions caused by the COVID-19 pandemic, economic experts yesterday suggested...

Nigeria Projects 2020 Oil Revenues Will Crash to N1.1trn, Down From N5.5trn

On Tuesday, Nigeria’s Ministry of Finance, Budget and National Planning and the UK Department for Internal Development (DFID) held a citizen’s dialogue session focused...

Experts Hunt For Solutions to Cushion Looming Recession

Experts in the financial sector have said that an economic recession looms in the third quarter of 2020 due to the coronavirus pandemic currently...

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