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Tag "nigerian economy"

IMF raises Nigeria’s 2022 growth forecast from 2.7% to 3.4%

    IMF raises Nigeria’s 2022 growth forecast from 2.7% to 3.4%

The International Monetary Fund (IMF) has projected the Nigerian economy to grow by 3.4 per cent in 2022, up from 2.7 per cent earlier projected. IMF disclosed this on Tuesday in

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Russia-Ukraine war may lead to hike in prices of bread, noodles in Nigeria

    Russia-Ukraine war may lead to hike in prices of bread, noodles in Nigeria

Russia’s invasion of Ukraine will have a ripple effect on global food prices, and ultimately affect the prices of bread and noodles in Nigeria. The conflict is believed to have

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NBS: Nigeria’s economy grew by 4.03% in Q3 2021

    NBS: Nigeria’s economy grew by 4.03% in Q3 2021

Simon Harry, the statistician-general of the federation, has announced that the nation’s economy grew by 4.03 percent in the third quarter of 2021 (Q3 2021). He said this on Thursday

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Agric, telecoms sectors slow Nigeria’s economic growth — takeaways from Q2 2021 GDP report

    Agric, telecoms sectors slow Nigeria’s economic growth — takeaways from Q2 2021 GDP report

Two key sectors of the Nigerian economy recorded sluggish growth in the second quarter of 2021 – all thanks to insecurity and regulatory policy on NIN/SIM linkage enrolment. The agricultural

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Sanusi: 35 years of progress wiped out in five years — we need to grow this economy

  Sanusi: 35 years of progress wiped out in five years — we need to grow this economy

Muhammad Sanusi, former governor of the Central Bank of Nigeria (CBN), says there is a need to ensure that the

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IMF retains Nigeria’s growth forecast at 2.5% on slow COVID vaccine rollout

  IMF retains Nigeria’s growth forecast at 2.5% on slow COVID vaccine rollout

The International Monetary Fund (IMF) has retained projected growth of 2.5 percent for Nigeria in 2021, identifying the slow rollout

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Nigeria’s revenue to GDP ratio lowest in the world, says World Bank

  Nigeria’s revenue to GDP ratio lowest in the world, says World Bank

The World Bank says Nigeria’s revenue to gross domestic product (GDP) ratio is the lowest in the world. Shubham Chaudhuri,

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Zainab Ahmed: FG exceeded 3% fiscal borrowing threshold in 2020

  Zainab Ahmed: FG exceeded 3% fiscal borrowing threshold in 2020

Zainab Ahmed, minister of finance, budget and national planning, says the federal government exceeded its 3 percent fiscal borrowing threshold

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World Bank raises Nigeria’s growth forecast to 1.8%

  World Bank raises Nigeria’s growth forecast to 1.8%

The World Bank says Nigeria’s economy is expected to expand at a moderate rate of 1.8 percent this year and

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Manufacturing sector recovers, oil output sustains momentum… takeaways from 2021 Q1 GDP report

  Manufacturing sector recovers, oil output sustains momentum… takeaways from 2021 Q1 GDP report

Output from oil production sustained growth momentum in the first quarter of 2021 as the manufacturing sector recovered from the

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