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Why Nigeria’s economic recovery is slowing down

Ordinarily there should be so much going for Nigeria’s economy. Production of crude oil at about 2 million barrels per day at a good price of about 70 dollars per barrel is yielding good foreign exchange for the Nation, helping to boost foreign reserves which today stand at about 47.25 Billion dollars. Inflation has continued to decline steadily over several months coming to the current level of 11.4% as the CBN and its MPC retain monetary policy index at a tight stance.
Continue reading Why Nigeria’s economic recovery is slowing down at Vanguard News. …

BCG lists Dangote Group, Globacom, GTB among drivers of economic activities in Africa

Boston Consulting Group (BCG) has listed Dangote Group, Globacom and Guaranty Trust Bank among six Nigerian companies driving amalgamation of economic activities in Africa.
The post BCG lists Dangote Group, Globacom, GTB among drivers of economic activities in Africa appeared first on Vanguard News. …

Economic activities gradually picking up, says chamber of commerce president

MR Emmanuel Moweta, the President of the Asaba Chamber of Commerce, Industry, Mines and Agriculture (ASACCIMA), has declared that economic activities are gradually picking up, but more still need to be done. Moweta, speaking with […]
The post Economic activities gradually picking up, says chamber of commerce president appeared first on Tribune. …

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