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Nigeria: Govt Rejects IMF's Call for Further Devaluation of Naira
Premium Times, 8 February 2021
The government said devaluation would trigger inflation. Read more »
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Nigeria: NNPC Negotiates Terms With Oil Majors to Retain Investments
This Day, 9 February 2021
The Nigerian National Petroleum Corporation (NNPC), is renegotiating commercial contract terms with major oil firms, the Group Managing Director of the national oil company, Mallam… Read more »
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Nigeria: Examining NARTO's Role in Nigeria's Economy
This Day, 9 February 2021
Registered in 1988, the Nigerian Association of Road Transport Owners (NARTO), is an amalgam of three hitherto region-based transport associations, whose business is to fight for a… Read more »
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Nigeria: Analysts Foresee Faster Economic Recovery As Oil Price Hits U.S.$60
This Day, 9 February 2021
Analysts yesterday forecasted a faster economic recovery for Nigeria as crude oil prices, at $60 per barrel, hit a new high since February 2020. Read more »
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Nigeria: IMF Says Nigerian Economy At 'Critical Juncture' - Urges VAT Hike
Premium Times, 8 February 2021
The international monetary group advises the government to increase VAT to 15 per cent by 2025. Read more »
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Nigeria: IMF Asks Govt to Establish Unified Exchange Rate
Leadership, 9 February 2021
The International Monetary Fund (IMF) has advised Nigeria to establish a unified exchange rate regime with a near-term focus on allowing for greater flexibility and removal of… Read more »
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Nigeria: Govt Targets 5 Million Jobs in Agricultural Sector
This Day, 9 February 2021
The federal government has said it is targeting five million jobs in the agricultural sector. Read more »
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Nigeria: Twenty-Six States Record Zero Foreign Investment in 2020
Premium Times, 8 February 2021
The year's foreign investment fell by 59.7 per cent, and only 10 states and Abuja received inflows. Read more »
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Nigeria: Amaechi Outlines Buhari's Economic Development Drive in Transportation Sector
This Day, 9 February 2021
Minister of Transportation, Mr. Chibuike Rotimi Amaechi has hailed President Muhammadu Buhari's strides in the transportation sector, describing them as key to unlocking Nigeria's… Read more »
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Nigeria: Experts Seek Passage of Railway Reform Bills to Boost Devt
This Day, 8 February 2021
The Minister of Transportation, Mr. Rotimi Amaechi, the Abuja Chamber of Commerce and Industry (ACCI) and railway experts have called for an urgent passage of various railway bills… Read more »