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PBA Reporter

Nigeria's GDP Growth Hit 2.51% In Second Quarter 2023 - NBS Reports

Nigeria Recorded 3.4% GDP Growth In 2021 – NBS

Nigeria’s Gross Domestic Product, according to the second-quarter GDP report released on Thursday by the National Bureau of Statistics, grew by 3.98 per cent in the fourth quarter of 2021. Prime Business Africa can report that this is the strongest growth since
February 17, 2022
Rewane

Economic Recovery will Continue On Rising Oil Prices – Rewane

The Managing Director and Chief Executive Officer of Financial Derivatives Company Limited, Bismarck Rewane, has disclosed that Nigeria’s economy would to rebound as oil prices might remain high. Rewane made this known during Stanbic IBTC Holdings Plc’s webinar titled ‘2022 virtual economic
February 16, 2022
DCP Abba Kyari

Abba Kyari: NDLEA Gives More Details On Drug Deal

The National Drug Law Enforcement Agency (NDLEA) has given more details about the drug deal allegedly involving a suspended Deputy Commissioner of Police, Abba Kyari. The NDLEA’s Director, Media & Advocacy, Femi Babafemi, in a statement, revealed what the Kyari told the
February 16, 2022
IMF

FG Gross Debt To Grow By 92%, Hits N136tn In 2026 – IMF

The federal government’s gross debt profile, according to the International Monetary Fund, is projected to grow by 92.11 per cent from N70.85tn in 2022 to N136.11tn in 2026. The Washington based lender made this projection in a report titled ‘Nigeria Staff Report
February 15, 2022
Nigeria’s Inflation Rate Further Drops To 32.15% In August

Nigeria’s Inflation Rate Falls To 15.60% In January

Prime Business Africa gathered that the consumer price index, which measures inflation increased to 15.60 percent year-on-year in January 2022. This Newspaper observed that this is 0.87 percent points lower than the rate recorded in January 2021 (16.47) percent. The figure shows
February 15, 2022
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