It reads in part, “The Consumer Price Index which measures inflation increased by 18.55 per cent (year-on-year) in December 2016, 0.07 percent points higher from the rate recorded in November (18.48 per cent).
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14 January 2017, Abuja — The Nigerian National Petroleum Corporation (NNPC) has said it would collaborate with globally recognised oil…
Nungwa observed that a bag of cement sold at N3, 000 in Benue within the month, while in other states such as Kano, Bauchi, Kogi and Nasarawa, a bag sold at between N1, 500 and N1, 700.
“The DBN will provide loans to all sectors of the economy, including manufacturing, services and other industries not currently served by the existing development banks, thereby filling an important gap in the provision of finance to Micro, Small and Medium Enterprises.”
14 January 2017, New York — Oil prices fell on Friday and ended the week 3 percent lower on lingering…
“The public should also be aware that any investment opportunities promoted by these persons, companies or entities are likely to be of a risky nature with a high risk of loss of money, while others may be outright fraudulent pyramid schemes,” the regulator noted.
14 January 2017, Lagos — The International Monetary Fund (IMF) says efforts to save the Naira by rationing foreign exchange…
Onu said the ministry would facilitate access to the 85 per cent offer from China for the approval of the 15 per cent counterpart funding to guarantee local production of Solar Cells in Nigeria.
“America has over $400m that have been officially recovered as stolen funds from Nigeria. But America is keeping the funds, they are telling us about technicalities; they are saying we recovered doesn’t mean we can return.”
The report noted the worrisome recent weakening of investment growth in the emerging markets and developing economies, which account for one-third of the global GDP and about three quarter of the world’s population and the poor.