Tag: GDP

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Covid-19 May Cost Africa $79bn In Output Losses This Year- W’Bank Report

Covid-19 May Cost Africa $79bn In Output Losses This Year- W’Bank Report

•Nigeria To Be Hardest Hit, As Continent Slips Into First Recession- These are not the best of times for Sub-Saharan Africa, going by a new report p...
Nigeria, Angola, May Lose $65bn Oil Income To Covid-19, Says AU Study

Nigeria, Angola, May Lose $65bn Oil Income To Covid-19, Says AU Study

These are indeed troubled times for the African economy in the aftermath of the Coronavirus pandemic now ravaging the globe, according to a study by t...
CBN To Prioritize Economic Growth, Price Stability, Low Inflation In 2020- Emefiele

CBN To Prioritize Economic Growth, Price Stability, Low Inflation In 2020- Emefiele

Godwin Emefiele, Governor, Central Bank of Nigeria (CBN), on Friday in Lagos said the bank would focus its support on ensuring greater economic growth...
NGSE Index Hits 26-month Low, Touches October 2016 Levels, As YTD loss Rises To 11.35%

NGSE Index Hits 26-month Low, Touches October 2016 Levels, As YTD loss Rises To 11.35%

Market Update for July 18 The free fall of equity prices on the Nigerian Stock Exchange (NSE) continued on Thursday with the benchmark All Share inde...
Agusto Assigns ‘Bb‘ Rating Nigeria’s Insurance Industry, On Weak Terrain, GDP

Agusto Assigns ‘Bb‘ Rating Nigeria’s Insurance Industry, On Weak Terrain, GDP

Leading Pan African credit rating agency, Agusto & Co Limited, has assigned “Bb“ rating to the Nigerian insurance industry in its newly published 2019...
Nigeria’s Unemployment Rate Hits 23.1% In 2018Q3- NBS Data

Nigeria’s Unemployment Rate Hits 23.1% In 2018Q3- NBS Data

Ahead of next year's critical general elections, Nigeria's National Bureau of Statistics (NBS), on Wednesday published its employment data for 2018Q3 ...
Volatility May Persist As Fund Managers Rebalance Portfolios, Watch Political Space

Volatility May Persist As Fund Managers Rebalance Portfolios, Watch Political Space

Market Update for November 21 Midweek’s trading activities on the Nigerian Stock Exchange after Tuesday’s ay public holiday, was volatile closing w...
CBN Counts On 2018 Capital Budget To Boost Real Sector Growth

CBN Counts On 2018 Capital Budget To Boost Real Sector Growth

As MPC Retains Rates Members of the Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC), again for the umpteenth time since July 2016, r...
S’Africa Slips Into Recession 9 Years After, As Economy Contracts By 0.7%

S’Africa Slips Into Recession 9 Years After, As Economy Contracts By 0.7%

Data by South Africa’s Pretoria-based Statistics South Africa on Tuesday said the country’s gross domestic product (GDP) contracted by 0.7% in the sec...
Nigeria’s 36 States Earned 49% Of Revenue From FAAC In 2017- CBN

Nigeria’s 36 States Earned 49% Of Revenue From FAAC In 2017- CBN

The Central Bank of Nigeria (CBN) says total revenue of the 36 state governments in the country grew by a robust 21.3% to N2.992tr in 2017, representi...
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