–Moves to track, and prosecute peddlers of falsehood Management of Dangote Cement Plc has denied reports, in some online platforms that it has embarked on sales promotion and has…
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Category: Economy
IMF cut growth projection for Nigeria to 2.9%
Our reporter/ Nigeria’s growth forecast has been reduced from 3.3 percent to 2.9 percent in 2023 and 3.1 in 2024 respectively, with negative effects of high inflation on consumption taking…
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Report: FX backlog to affect Nigeria’s import, as suppliers may not accept letters of credit, PwC says
Nigeria will likely experience decline in imports over the inability of the Central Bank of Nigeria (CBN) to meet foreign exchange (FX) obligations, PwC Nigeria says in its bi-monthly economic…
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eNaira not a threat to financial stability – CBN
The Central Bank of Nigeria (CBN), on Monday assured Nigerians that its digital currency, eNaira posed no threat to financial stability. The Director, Corporate Communications Department of CBN, Dr Isa…
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Nigeria will become net exporter of petroleum products in 2024 – NNPC
Our reporter/ Nigeria will become a net exporter of petroleum products by next year, the group managing director of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari said on…
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