We’re only directed to reissue N200 — old N500, N1,000 notes no longer legal tender, CBN insists
The Central Bank of Nigeria (CBN) says only N200 old notes are to be reissued and circulated concurrently with the
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ECONOMY
Nigeria’s inflation rate rises by 6.22% to 21.82% in January 2023 — NBS
The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate rose by 6.22 per to 21.82
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Lagos generates 30% of Nigeria’s GDP – Sanwo-Olu
Lagos State Governor Babajide Sanwo-Olu has said the state has about 30 per cent of the country’s Gross Domestic Product
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CBN’s currency redesign policy destroying Nigeria’s economy – NECA
The Nigeria Employers’ Consultative Association (NECA) has said the nation’s economy has witnessed significant bashing in the last few weeks
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IMF projects 3.2% economic growth for Nigeria 2023
The International Monetary Fund (IMF) on Wednesday maintained its 2022 growth forecast for Nigeria at 3 per cent for 2022
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Nigeria’s debt to hit N77tr by May
The administration of President Muhammadu Buhari will be leaving behind a debt of N77 trillion. It will be made up
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Budget: Buhari regime had N6.37tr fiscal deficit as of November -Finance Minister
Finance minister Zainab Ahmed disclosed that the President Muhammadu Buhari regime had spent N12.87 trillion of the N17.126 trillion budgeted
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Buhari signs N21.83tn 2023 Budget
President Muhammadu Buhari on Tuesday signed the 2023 Budget of N21.83tn along with the 2022 Supplementary Appropriation Bill into
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Nigeria’s foreign reserves drop by $3.43bn in 2022
Data from the Central Bank of Nigeria (CBN) has revealed that Nigeria’s foreign reserves fell by 8.46 per cent
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World Bank says FG’s interest payment on CBN loans to gulp 62% of revenue by 2027
The World Bank has said that interest payments on the Federal Government’s borrowing from the Central Bank of Nigeria
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