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Economic Data
Russia Economy contracts by 2.1% in 2022, far below western predictions
The Russian economy contracted by just 2.1% in 2022, according to data released on Monday by the country's statistics agency,...
Read moreFG explains why Nigeria’s total debt will rise to N77 trillion by the end of May 2023
The Federal Government has provided the details of Nigeria's projected total public debt stock of N77 trillion by end of...
Read moreU.S unemployment fell to a five-decade low
Employers in the United States of America added 223,000 jobs in December, bringing the unemployment rate down to 3.5% from...
Read moreNigeria’s total debt rise above N44 trillion – DMO
Nigeria’s total public debt rose to N44.06 trillion ($101.91 billion) as at September 30, 2022, the Debt Management Office said...
Read moreQ3 2022: Nigeria’s total trade stood at N11.6 trn, total export falls nearly 20% QoQ
In the third quarter of 2022, Nigeria’s total trade stood at ₦11.6 trillion billion, this was lower than the ₦12.84...
Read moreNigeria’s GDP growth slows to 2.25% in Q3 2022, oil sector contribution declines further
Nigeria’s Gross Domestic Product (GDP) grew by 2.25% (year-on-year) in real terms in the third quarter of 2022, according to...
Read moreNigeria’s inflation rises above 21% in October
The headline inflation rate rose to 21.09% in October 2022, on a year–on–year basis, This was 5.09% points higher compared...
Read moreJUST IN: Nigeria’s inflation continues to rise, hits 20.77% in September
The inflation rate in Nigeria has continued to rise, hitting 20.77% in September, the highest in 17 years, the National...
Read moreWorld Bank projects 102% debt service to revenue ratio for Nigeria
The World Bank in its latest report said that Nigeria's public debt is concerning due to the rising debt service-to-revenue...
Read moreNigeria’s inflation climbs above 20%, highest in 17 years
The inflation rate surged to new record in August hitting 20.52%, the highest in 17 years, the National Bureau of...
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