Economy
News and analysis on the Nigerian economy
CBN blames herdsmen and bandits for galloping inflation rate
Emefiele while addressing the media on Tuesday stated that Nigeria's growing food inflation is caused due to worsening security challenges.
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CBN holds MPR at 11.5%, other parameters constant
In its second MPC meeting of 2021, CBN votes to retain MPR at 11.5% and other parameters constant
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Mobile subscribers in Northern Nigeria grows by 7.9 million in 2020
The number of mobile subscribers in the northern geo-political regions in Nigeria increased by 7.9 million new mobile subscribers in...
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COVID-19: Up to 161 million Africans may have fallen into poverty – ECA
The ECA has stated that between 49 million and 161 million Africans may have fallen into COVID-19 induced poverty.
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Nigeria records lowest daily Covid-19 cases in 112 days
Nigeria recorded 86 new cases of the covid-19 disease on Sunday, which is the lowest recorded in 112 days.
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Covid-19 vaccines delivered to 35 States – NPHCDA
NPHCDA has stated that it has delivered the covid-19 vaccines to 35 states in the country.
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AstraZeneca Covid-19 vaccine is safe – European Medicines Agency
The EMA has confirmed that the AstraZeneca vaccine is not associated with an increase in the overall risk of blood...
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CBN intervenes in FOREX market with $5.62 billion in Q4 2020, up by 28.7%
The CBN intervened in the foreign exchange market with sales FOREX to dealers valued at $5.62 billion in Q4 2020.
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Food inflation rate in Nigeria surges to highest in over 15 years
Nigeria’s food inflation rate surged to 21.79% in February 2021, which is the highest rate recorded in Nigeria since October...
Read moreDetailsBenefits of AstraZeneca vaccine outweigh its risks – WHO
World Health Organization has stated that the benefits of the AstraZeneca vaccine outweigh the risks.
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