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Business

Experts Kick As APC Govt Increases Nigeria’s Debt By N109.6tn In Nine Years

Nigeria’s public debt under the ruling All Progressive Congress (APC) rose by 903.9 per cent to an all-time high of N121.67tn ($91.46bn) as of...

Business

Nigeria’s 2023 imports rise to N35.9tn up from N25.5tr due to naira depreciation

The total value of Nigeria’s imports rose to N35.9tn in 2023, up from N25.5tn in 2022 representing an increase of N10.4tr. This increase was...

Business

Naira depreciation costs Cadbury, Guinness, others N472bn in nine months — Report

A new report by Meristem Securities has shown that the depreciation of naira cost some major fast-moving consumer goods companies, including Cadbury, Guinness Nigeria,...

Business

Fiscal policy hobbles CBN battle to save naira

Intensified efforts by the Olayemi Cardoso-led Central Bank of Nigeria (CBN), to put a stop to persistent slide in the value of the naira...

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