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Nigeria’s Inflation Rate Jumps to 16.82% in April 2022
Nigeria’s inflation rose to 16.82% in April 2022, following a similar uptick recorded in the previous month. According to the...
Nigeria Spends 86% Revenue on Debt Servicing
Nigeria spent 86 per cent of its revenue on servicing debt in 2021. According to the International Monetary Fund’s Article...
Federal Government empowers youths in Anambra
The Federal Government in collaboration with the World Bank has distributed N100million to the youths of Anambra State for development...
World band discloses that Nigeria’s oil production falls over poor maintenance
The World Bank has said that Nigeria’s oil production declined in 2021 due to a lack of maintenance and the...
Agric imports hit N2.7trillion
Nigeria’s agricultural imports continued to take an upward trajectory, hitting N2.7trillion in 2021 alone. According to figures by the National...
NBS Discloses Cost of Resident Spent on Household Consumption in Nominal Terms in 2021
The National Bureau of Statistics has said Nigerian residents spent N108.47tn on household consumption in 2021 in nominal terms. The...
Naira depreciates against dollar at N420
The exchange rate between the naira and the US dollar depreciated further on Thursday exchanging at N420 to the dollar...
Naira Falls at The Investors and Exporters Window
The exchange rate between the naira and the US dollar closed at N418.27/$1 at the official Investors and Exporters window....
NGX closes on a positive note
The Nigeria Exchange Limited closed on a positive note amidst sell-offs and buy-interests. The All Share Index closed at 52,838.45...
Peller Urge Youths to Focus on Entrepreneurship
A member of the House of Representatives, Shina Peller, has called on youth to focus more on entrepreneurship as one...
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