economy

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Winners and losers of COVID-19 pandemic

THE COVID-19 pandemic has shown a lot of positive and negative impact on different sectors of the economy, throwing...
Paul Owolabi -
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Africa private creditors form group to assist African nations negotiate debt relief

AFRICA private creditors have formed a working group that will assist African countries and other debt providers to cushion...
Paul Owolabi -
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Revenue from VAT increases by N30bn in first quarter – NBS

VALUE Added Tax (VAT) data for the first quarter (Q1) of  2020 has shown that the sum of N338.94...
Paul Owolabi -
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Investments drops by $7.89billion in Q1 2020, compared to corresponding period in 2019 – NIPC

NIGERIAN Investment Promotion Commission (NIPC) reports a drop of  $7.89billion investment for Q1 2020, which stands currently at $4.81billion...
Paul Owolabi -
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COVID-19: Nigeria expects $3.4 billion loan from IMF, largest allocation to an African nation

NIGERIA expects a $3.4 billion in emergency funding from the International Monetary Fund (IMF) to cushion the impact of...
Paul Owolabi -
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Consumer price index spikes up to 12.26 per cent in March – NBS

THE Consumer Price Index (CPI) for March 2020 has shown inflation increase up to 12.26 per cent (year-on-year) in...
Paul Owolabi -
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