Category: Economy
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Inflation: Nigerians want FG to implement favorable policies
Nigerians have called on the Federal Government to implement effective policies to reduce inflation and strengthen the economy.
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RMAFC seeks solutions to dwindling allocation
The Chairman of Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Dr Mohammed Shehu, has called for urgent need to address dwindling allocations for sustainable revenue generation.
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Nigeria’s GDP improves by 3.84% in Q4 2024 – NBS
The National Bureau of Statistics (NBS), says Nigeria’s Gross Domestic Product (GDP) rate in real terms grew by 3.84 per cent in the fourth quarter of 2024 on a year-on-year basis.
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Nigeria’s inflation rate could have risen to 42.81% – Cardoso
The Central Bank of Nigeria has said that without its policy interventions, inflation could have risen to 42.81 per cent in December 2024.
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NESG predicts 5.5 per cent GDP for Nigeria in 2025
The Nigerian Economic Summit Group (NESG) has painted a positive picture of the nation’s economic outlook for 2025. with the potential to achieve a 5.5 per cent GDP growth rate.
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CBN predicts 4.17% GDP growth in 2025
The Central Bank of Nigeria (CBN) has announced that the 2025 economic indices indicate a positive outlook, with the nation’s GDP expected to accelerate to 4.17 per cent for faster economic growth.
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How Nigeria’s inflation rate increased in December – NBS
The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate increased to 34.80 per cent in December 2024.
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NLC told to sensitise members on tax reform bill
A Professor of Accounting and Financial Development, Prof. Godwin Oyedokun, has urged the Nigeria Labour Congress (NLC) to ensure its members understand the basics of the Tax Reform Bill.
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How to foster growth in 2025 – LCCI
The Lagos Chamber of Commerce and Industry (LCCI) says sustained fiscal reforms, exchange rate stabilisation and enhanced monetary policy coordination are needed to foster growth in 2025.
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BOI disburses N22.89bn to 29 manufacturers
The Bank of Industry (BOI) says it has disbursed N22.89 billion out of the N75 billion manufacturing sector intervention fund to 29 manufacturers.