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The cost of living crisis in Nigeria: A nation on the brink
1 天前 · Like a leaking roof dripping persistently, eroding the joys of family life, the rising cost of living in Nigeria has become an unrelenting burden. Food inflation hit a staggering 39.84 percent in December 2024, according to the National Bureau of …
Meet the top 10 tech founders accelerating Nigeria’s digital space ...
11 小时之前 · Nigerian tech leaders are at the forefront of Africa’s digital transformation, revolutionising mobile technology, e-commerce, and fintech. Over two decades, the nation has evolved from a follower to a leader in the global tech space, with its vibrant startup ecosystem reshaping key sectors like finance and telecommunications.
Nigeria, global leaders target $29trn African economy by 2050
14 小时之前 · Vice President Kashim Shettima joined global leaders at the 2025 World Economic Forum (WEF) in Davos, Switzerland, to advocate for the full implementation of the African Continental Free Trade Area (AfCFTA). Speaking at the “Forum Friends of AfCFTA” event, Shettima reaffirmed Nigeria’s ...
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Nigeria’s premier private equity firm Capital Alliance took a forty per cent equity in BusinessDay Media Limited in 2002. This holding grew to about 60 per cent in 2004 when it formed Johnnic West Africa Limited with Johnnic Communications of South Africa, owners of Business Day SA.
CBN predicts 4.17% GDP growth in 2025, insists Nigeria's reforms …
2 天之前 · The Central Bank of Nigeria (CBN) expects the country’s economy to grow by 4.17 per cent, up from 3.36 per cent in 2024. Muhammad Abdullahi, deputy governor of CBN’s economic policy directorate, shared this forecast on Tuesday at the ‘National Economic Outlook: Implications for Businesses in 2025’ conference in Lagos.
BusinessDay Pro - Tracking Trends, Informing Decisions
Oil & Gas. Oil output stutters as rig count doubles. Nigeria’s oil production has hit a rough patch despite a 100 percent increase in the number of active drilling rigs in a sector that accounts for a significant chunk of government revenue and foreign exchange earnings....
Inflation surges to 34.80% ahead rebasing - Businessday NG
2025年1月15日 · Consumer prices rose at a faster annual pace in December 2024 to 34.80 percent from 34.60 percent seen in November. This would be the last inflation figure calculated using the old methodology. In the new methodology, the proposed base year for inflation computation is 2024. The year was proposed to ...
The worst is behind us despite rising prices, says Oyedele
5 天之前 · Taiwo Oyedele, who chairs the Presidential Committee on Fiscal Policy and Tax Reforms, says President Bola Ahmed Tinubu’s economic reforms have started showing positive results. Speaking at The Platform, an event organised by the Covenant Nation on Saturday, Oyedele said he strongly supported the ...
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