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Nigeria proves IMF, World Bank wrong, beats recession in Q4 of 2020

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Even the International Monetary Fund and World Bank thought it was not possible until 2021, but the good news is that Nigeria is out...
Business

Hardship: Up go food prices as fear of fuel price increase to N172 per litre lingers

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Food prices are on an upward climb, according to what the open markets are saying and what the National Bureau of Statistics (NBS) said...
Business

Like losing a loved one, Atiku says he received news of Nigeria’s worst recession since IBB years with a heavy heart

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▪︎ offers way out When it rains, it surely pours for Nigeria, economically. Now, for the second time in four years, Nigeria has slipped into...
Business

Nigeria’s Unemployment Rate Increases To 27.1 Percent, NBS

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This National Bureau of Statistics (NBS) Friday revealed that Nigeria’s unemployment rate has increased to 27.1 percent in the second quarter of 2020. “The unemployment...
Business

Economy maintains growth trajectory as non-oil sector keeps upward trend

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Release By Laolu Akande, Senior Special Assistant to the President on Media & Publicity, Office of the Vice President *Nigeria’s GDP grows by 2.55% in Q4...
Business

Mixture of good and bad news: GDP rises; investments into Nigeria drops by 67%

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It was an admixture of the good and the bad for the economy as the Gross Domestic Product (GDP) rose to a three-year high,...
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