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Hair brands compete for N600bn human, synthetic hair industry
For many people, hair is synonymous with professionalism and beauty, which in turn makes them feel confident; this is true not only for women but also for the majority of men. Hair is a…
More investments in crude palm oil production to boost Nigerian economy
In 2021, Alphonsus Inyang, the national president of National Palm Produce Association of Nigeria (NPPAN) in an interview gave his opinion on the association’s project “One Family, 20 palm…
Increasing Nigeria’s defence budget to improve security
In Sub-Saharan Africa, Nigeria topped the list of countries with the highest defence spending at $5.8 billion. In the whole of Africa on the other hand, it was Algeria with its $9.7 billion…
Nigeria’s external reserves dip in Q1 2022 amidst spike in crude oil prices
According to the data from the Central Bank of Nigeria (CBN) on the daily reserves movement, Nigeria’s foreign exchange reserves dipped $973.78 million quarter-to-date in 2022. The foreign…
Analysing the sources of growth in Consumer Price Index
In February 2022, the National Bureau of Statistics, (NBS) released a report on the Consumer Price Index, which showed that the annual inflation rate in Nigeria was 15.70 per cent on a…