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economy

Osinbajo urges caution on economic sovereignty

June 13, 2022 Admin 0

Vice President Yemi Osinbajo, says Africa’s developmental aspirations can be actualised by deepening cooperation and collaboration with the rest of the world. Osinbajo’s spokesman, Laolu […]

FEC receives report on 3.1% growth in Nigerian economy

June 1, 2022 Promptnews 0

The Federal Executive Council (FEC) received a report about Nigeria’s 3.1 per cent economic growth in the first quarter of 2022 at its weekly meeting […]

Raising MPR to 13% can reduce productivity,  worsen unemployment  – expert

May 26, 2022 Promptnews 0

 A financial expert,  Mr Okechukwu Unegbu, says the increased Monetary Policy Rate (MPR) of 13 per cent can affect the productive sector of the economy and […]

EU Commission grants Ukraine additional €9bn loan

May 18, 2022 Promptnews 0

European Commission president, Ursula von der Leyen, on Wednesday proposed to provide Ukraine with another 9 billion euros (9.5 billion dollars ) in loans until […]

Patronise made in Nigeria products to create jobs-NOA

May 16, 2022 Promptnews 0

 The National Orientation Agency (NOA) has called on Nigerians to patronise made-in-Nigeria products in order to grow the economy and create more jobs for the […]

ABCON unveils roadmap to save naira from further decline

May 12, 2022 Promptnews 0

The Association of Bureaux De Change Operators of Nigeria (ABCON) says it has developed a roadmap to save the naira from further decline and enhance […]

IMF revises down global GDP growth to 4.4%

January 25, 2022 Admin 0

The International Monetary Fund (IMF) says global Gross Domestic Product (GDP) growth is expected to moderate from 5.9 per cent in 2021 to 4.4 per […]

NGX resumes after Christmas break with N238bn loss

December 29, 2021 Admin 0

The Nigerian stock market resumed trading on Wednesday after the Christmas holidays with a loss of N238 billion due to profit taking. Speficially, the market […]

Profit taking persists on NGX, indices down by 0.03%

December 23, 2021 Admin 0

Trading on the nation’s bourse remained bearish on Thursday with the market capitalisation dropping further by N7 billion on sustained profit taking. Specifically, the market […]

Nigerian stock market extends losing streak by N113bn

December 2, 2021 Admin 0

The Nigerian stock market extended bearish mood on Thursday on the back of sell pressure on Seplat Energy and 33 others. Specifically, the market capitalisation […]

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