30 C
Lagos
Monday, November 30, 2020
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Economic recession, Joe Biden election as President-elect of the United States of America
Nigeria’s gross domestic product (GDP) recorded a growth rate of –3.62% in real terms in the third quarter of 2020.
Manufacturing sector of the Nigerian economy has started journey to strong improvement
Amidst low accretion into the nation’s external reserve, analysts have hinted that inflow into the apex bank’s Investors and Exporters Window plunged more than 47%.
Foreign Exchange (FX) scarcity could stifles downstream oil sector deregulation
Analysts have asked the Federal Government to review border closure policy in order to assess the effectiveness
The consumer price index, (CPI) which measures inflation increased by 14.23 percent (year-on-year) in October 2020,
FPI Claims, Swaps Reduce Nigeria’s External Reserves to $16.2bn Foreign Portfolio Investors (FPI) claims, swap on the Nigeria's external reserve have reduced the amount by more than half. Experts at Chapel Hill Denham explained that the external reserves of the nation is much lower than $35.62 billion as indicated on...
Foreign Exchange (FX) rationing is expected to persist due to low foreign inflows
As the monetary authority continues to stimulating economic growth, an economist has noted