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Tag "Nigeria’s economy"

Newspaper Headlines: New national ID card to be issued through banks, says NIMC

    Newspaper Headlines: New national ID card to be issued through banks, says NIMC

The national dailies report Goldman Sachs’ prediction on the naira, and the trial of Godwin Emefiele, former governor of the Central Bank of Nigeria (CBN). 

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Opeyemi Bamidele: Stability has started returning to Nigeria’s economy

    Opeyemi Bamidele: Stability has started returning to Nigeria’s economy

Opeyemi Bamidele, the senate majority leader, says stability has started returning to the country’s economy. In a statement to commemorate the Eid-el-Fitr celebration on Wednesday, Bamidele said Nigeria has started

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S&P upgrades Nigeria’s outlook to stable, endorses Tinubu’s economic reforms

    S&P upgrades Nigeria’s outlook to stable, endorses Tinubu’s economic reforms

Standard and Poor’s (S&P), the international rating agency, has upgraded Nigeria’s credit outlook from negative to stable, citing President Bola Tinubu’s planned reforms. A credit rating is a measure of

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ICT, trade as major drivers, oil shrank… takeaways from Nigeria’s GDP Q2 report

    ICT, trade as major drivers, oil shrank… takeaways from Nigeria’s GDP Q2 report

Expansion in the non-oil sector pushed Nigeria’s gross domestic product (GDP) to 3.54 percent in the second quarter of 2022. According to data released by the National Bureau of Statistics (NBS), the

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IMF retains Nigeria’s 2022 growth prospect at 3.4%

  IMF retains Nigeria’s 2022 growth prospect at 3.4%

The International Monetary Fund (IMF) has retained projected economic growth of 3.4 percent for Nigeria in 2022. The Washington-based institution

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IMF: Nigeria’s economy gaining strength — but inflation will remain high

  IMF: Nigeria’s economy gaining strength — but inflation will remain high

The International Monetary Fund (IMF) says inflation will remain high despite the ongoing economic recovery in Nigeria. The Washington-based institution

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World Bank raises Nigeria’s 2021 growth forecast from 1.8 to 2.4%

  World Bank raises Nigeria’s 2021 growth forecast from 1.8 to 2.4%

The World Bank says Nigeria’s economy is expected to expand by 2.4 percent in 2021, up from 1.8 percent earlier projected

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Palm oil sector can boost Nigeria’s economy by $1bn, says trade minister

  Palm oil sector can boost Nigeria’s economy by $1bn, says trade minister

Niyi Adebayo, minister of industry, trade and investment, says the palm oil sector can grow Nigeria’s economy by $1 billion.

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DMO: Despite our doubts, international investors still have faith in Nigeria’s economy

  DMO: Despite our doubts, international investors still have faith in Nigeria’s economy

Patience Oniha, director-general of the Debt Management Office (DMO), says international investors are still interested in Nigeria. Oniha, represented by

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Nigeria’s economy grows 5% in Q2 2021 — strongest since 2014

  Nigeria’s economy grows 5% in Q2 2021 — strongest since 2014

Nigeria’s gross domestic product (GDP) increased by 5.01 percent in the second quarter of 2021 — strongest growth since fourth

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