Economy
News and analysis on the Nigerian economy
Inflation: Headline index continues to rise
The Food index was up 14bps to 15.18%, the highest level since March 2018.
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Covid-19: WHO to start widespread vaccination mid next year
WHO had disclosed that about 150 vaccines for COVID-19 were under development globally.
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Govt. rakes in N653 billion in June as exchange rate gain, taxes and oil sales boost revenues
Government generated N42.83 billion from exchange rate gains, and others from crude sales and VAT.
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COVID-19: WHO presents disturbing report as global cases surgeÂ
The previous WHO daily record for new cases was 237,743 on Friday.
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Minister of Foreign Affairs, Onyeama tests positive for COVID-19
Onyeama took his fourth COVID-19 test on Saturday, after feeling some signs of throat irritation.
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COVID-19: Russia to roll out vaccine in September ahead of the WestÂ
Russia is the fourth-most affected country in the world with more than 750,000 COVID-19 cases.
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COVID-19: India donates $50 million worth essential medicines to Nigeria, others
India offers short online webinars on COVID-19 management and research to Nigerians.
Read moreDetailsMore Nigerians depart US for Nigeria, 3 denied boarding
This is the third evacuation flight arranged by the Federal Government from the USA.
Read moreDetailsCOVID-19: Nigeria with second largest cases in Africa- WHO
Africa had over 663,000 confirmed COVID-19 cases, 343,000 recoveries and 14,000 deaths.
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Nigeria’s inflation rate rises to 12.56% in June, as food prices surge
The report also showed that composite food index rose to 15.18% compared to 15.04% recorded in May 2020.
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