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Economy

It’s always about the economy, stupid…

Economy

Nigerian Gov’t Goes After Aboki FX

Wires Editor | The Trent -
The Central Bank of Nigeria, CBN, has retained Monetary Policy Rate, MPR, at 11.5 percent, and the asymmetric corridor of +100/-700 basis points around...
Economy

Nigeria’s GDP In 2021 Q2 Is Highest In 6 Years – Buhari

Doyin Ajayi | Sub-Editor -
President Muhammadu Buhari says focus on job creation, consistency in policy and innovation stimulated a 5% growth of the economy in the second quarter,...
Economy

Petrol Cost More In Benue, Abia, Cross River In June – NBS

Wires Editor | The Trent -
The National Bureau of Statistics, NBS, says Premium Motor Spirit, PMS, popularly referred to as petrol, was more costly in Benue, Abia and Cross...
Economy

Rail Transport Generates N5.79 Billion From 2019 – NBS

Wires Editor | The Trent -
Rail transportation in Nigeria generated N5.79 billion between 2019 and Quarter One of 2021 (Q1, 2021), the National Bureau of Statistics, NBS, has said. It...
Economy

‘Beware Of Debt Distress’ – Okonjo-Iweala, Adesina Warn African Leaders

The Guardian NG -
Ngozi Okonjo-Iweala, the director-general of the World Trade Organisation, WTO, and ex-Minister of Finance; President of the African Development Bank, AfDB, Akinwunmi Adesina; Governor...
Economy

Nigeria’s Economy Cannot Grow – CBN

Wires Editor | The Trent -
Godwin Emefiele, the governor of the Central Bank of Nigeria, CBN, has pointed out that the country’s current economy cannot grow. Emefiele disclosed that the...
Economy

States, FCT Generate N1.31 Trillion As IGR In 2020 – NBS

Wires Editor | The Trent -
The 36 states and the Federal Capital Territory, FCT, generated N1.31 trillion as Internally Generated Revenue, IGR, in 2020 compared to N1.33 trillion recorded...
Business

Customs Apapa Command Generates N159.58 Billion

Wires Editor | The Trent -
The Nigeria Customs Service, NCS, Apapa Command on Monday, April 12, 2021, disclosed that it generated over N159.58 billion in the First Quarter of...
Economy

World Bank Says Nigeria Exited Recession ‘Faster Than They Predicted’

Wires Editor | The Trent -
The World Bank has said that Nigeria moved out of recession faster than its forecasts had predicted. “Following a 6.1 percent year-on-year contraction in 2020...
Economy

‘Cryptocurrency Has No Place In Our Monetary System At This Time’ – CBN

Wires Editor | The Trent -
Godwin Emefiele, the governor, Central Bank of Nigeria, CBN, says the Bank’s decision to prohibit deposit money banks, non-banking institutions, and other financial institutions...
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