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Economy
Naira stabilises at N775 per dollar as supply rise
Naira has stabilised at N775 per dollar as demand pressure has waned amid increased supply of the greenback at the parallel market, also known as the black market.
For the past three…
Cost of living crisis hits small business operators
Africa’s biggest economy is facing a fresh cost of doing business crisis as energy prices and production costs continue to make a rapid climb.
The situation is negatively affecting the…
Nigeria’s food imports hit N464.5bn in 6months
Despite efforts by the Federal Government to boost food security in Africa’s most populous country, Nigeria spent a whooping N464.5 billion in the first six months of the year to import food…
Nigeria’s economy slows in Q3 as oil, manufacturing shrink
Nigeria’s economy grew at its slowest pace in 15 months in the third quarter as the oil and manufacturing sectors shrank amid mounting woes.
The country’s Gross Domestic Product (GDP)…
Nigeria’s economic growth slows sharply in Q3, falls to 2.25%
Nigeria’s economy grew at a slower pace in the third quarter of this year, compared to the previous quarter, official data released on Thursday show
Africa’s biggest economy saw its Gross…