Economy
News and analysis on the Nigerian economy
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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Nigeria records highest trade deficit since 1981
Nigeria recorded its highest foreign trade deficit since 1981 as the country's trade balance stood at -N7.38 trillion in 2020
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FIRS says agency still in charge of stamp duty collection
The FIRS has stated that contrary to media reports, it is still in charge of the collection of stamp duty.
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