Economy
News and analysis on the Nigerian economy
Tinubu directs Customs to halt food exports in compliance with Export Prohibition Act
President Bola Tinubu has issued a directive for complete adherence to the Export Prohibition Act regarding food items to curb...
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Around 31.5 million Nigerians projected to be in food crisis between June and August- Report
A new report by Cadre Harmonise reveals that no fewer than 31.5 million Nigerians are on the verge of food...
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World Bank report shows wider global gender gap for women in the workplace
The global gender gap for women in the workplace is far wider than previously thought, a groundbreaking new World Bank...
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Nigeria’s total foreign trade rises by 37.2% to N71.88 trillion in 2023
In 2023, Nigeria’s total foreign trade increased from N52.38 trillion recorded in 2022 to N71.88 trillion- an increase of 37.2%...
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3G coverage has reduced poverty by 4.3% in Nigeria – World Bank
The World bank has revealed that 3G coverage has been linked to poverty reduction in Nigeria and Senegal commenting on...
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Egypt secures over $40 billion deals from UAE and IMF in 10days
Egypt has secured over $40 billion investment deals from UAE and IMF in just 10days after floating its currency and...
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FG says students loan recovery to begin 2 years after NYSC
The Federal Government has announced that the repayment process for the Nigeria Education Loan Scheme (NELFund) will begin two years...
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President Tinubu signs new executive orders to boost investment in oil and gas sector
President Bola Tinubu has signed new executive orders aimed at enhancing the investment environment and establishing Nigeria as the top...
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CBN sells another N1.3 trillion in treasury bills at 21.5%
The Central Bank of Nigeria (CBN) has completed another round of Treasury Bills (T-Bills) auction, offloading about N1.3 trillion.
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Egypt to get $8 billion IMF bailout after removing currency controls
Egypt has successfully negotiated an expansion of its International Monetary Fund's (IMF) bailout package to $8 billion, following the government's...
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