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Economy
1086 posts
Emefiele explains why Nigeria can’t float naira
.Says subsidy ends when Dangote Refinery begins operation The Central Bank of Nigeria Governor, Godwin Emefiele, yesterday defended…
World Bank lowers sub-Saharan Africa growth projection to 3.6%
The World Bank has cut Sub-Saharan Africa’s 2022 growth estimates from the 4% in 2021 to 3.6%, as…
NESG says Russian Ukraine war will impact Nigeria negatively
The Nigerian Economic Summit Group (NESG), has warned of the implications of the Russian-Ukraine war, saying the tensions…
150 exporters to get N3.5bn in CBN RT200 programme
. As e-Naira download hits 756,000 About 150 exporters, who participated in the Central Bank of Nigeria (CBN’s)…
IMF targets $45b resilience, sustainability trust for vulnerable countries
The Executive Board, International Monetary Fund (IMF), yesterday approved the creation of a new Resilience and Sustainability Trust…
WTO slashes growth projection to 3% on Ukraine war
The World Trade Organization (WTO), yesterday, slashed its forecast for global trade growth this year to 3% from…
NIPC, GIZ-SEDIN partner on investment promotion
Nigerian Investment Promotion Commission (NIPC), and the German Agency for International Corporation (GIZ)-SEDIN, have signed a partnership arrangement,…
RMAFC presents new revenue sharing formula
The Revenue Mobilization Allocation and Fiscal Commission (RMAFC), yesterday presented a report on the proposed new revenue sharing…
Food prices hit record high in March, U.N. agency says
World food prices jumped nearly 13% in March to a new record high as the war in Ukraine…
Senate extends 2021 Budget implementation to May 31
The Senate yesterday extended the implementation of the 2021 budget from March 31 to May 31, 2022, following…