Sunday, May 9, 2021

Monthly Archives: July, 2018

Nigeria’s Mid-Year Economic Review By Biodun Adedipe Associates

/ B. Adedipe Associates Ltd Background and Historical Issues The economy had impressive, non-inclusive growth up until 2014. Annual GDP growth averaged 6.4% during 2001-14. The pre-election...

Funding Rates expected to Trend Lower as c.N375bn FAAC Inflows hit the System

Zedcrest Capital   KEY INDICATORS Indicator Value Commentary Inflation 11.23% As at July 23, 2018, 38bps down from 11.61% recorded in May 2018. MPR 14.00% Next MPC meeting scheduled for September 24 & 25, 2018 External...

Active mobile lines in Nigeria hit 162.3 million

The Nigerian Communications Commission (NCC) says active mobile telephone lines in Nigeria have increased to 162.30 million in June. NCC said in the monthly Subscribers...

Atiku welcomes Saraki back to PDP

A former vice president of Nigeria, Atiku Abubakar, has welcomed the decision of Senate President Bukola Saraki to leave the All Progressives Congress, APC Mr...

Nigeria’s Buhari elected ECOWAS Chairman

President Muhammadu Buhari was Tuesday in Lome elected the new chairman of the Authority of Heads of State and Government of the Economic Community...

Bolaji Abdullahi: I am still a member of APC

Abdulllahi is still a member of the All Progressives Congress (APC), revealed. Reports that Mr Abdullahi, a former minister of youth and sports development, has...

Nigeria’s ambassador to South Africa resigns, dumps APC for PDP

Nigeria’s Ambassador to South Africa has reportedly resigned and also joined the opposition party, PDP.. Ahmed Ibeto, a former deputy governor of Niger State, was...

10,000 Nigerians perished crossing Meditarranean sea as 60,000 remains stranded in Libya – EU

The Deputy Head of the European Union, Richard Young, on Tuesday said that about 60,000 Nigerians are being camped in Libya. According to the official,...

Nigeria central bank sells $210 mln on FX market after yuan auction

ABUJA, July 31 - Nigeria’s central bank has injected $210 million into the interbank foreign exchange market after auctioning the Chinese yuan last week...

Oil exports, controlled imports spurred Nigeria’s economic recovery in H2’17

Nigeria’s recovery from economic recession slowly began in the second quarter of 2017 (Q2 2017) mainly because of oil exports and controlled imports, the...
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