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Prices Of Food Increased In July 2022
Data from the National Bureau of Statistics has revealed that the prices of selected food items increased in July 2022. This was made in its Selected Food Prices Watch Report for July 2022. NBS stated that the average price of 1kg of white beans rose by 23.22 per cent from N444.21 in July 2021 to…
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How Bad Is Nigeria’s Unemployment Rate In 2022?
At the beginning of the year, Statista released a report forecasting the unemployment rate in Nigeria for 2022. The report estimated the unemployment rate in the year at nearly 33%, a 0.5 increase from the previous year at 32.5%. This data has been recycled in other reports on unemployment in Nigeria even though the recent…
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World Bank To Loan The Gambia $68m To Revive Tourism Sector
The Gambia has recently signed a deal with the World Bank to loan up to $68 million that would be used to revive the country’s tourism sector. The grant would promote diversification and climate resilience of tourism and help protect the Atlantic coastline of The Gambia, a country of about 2.1 million inhabitants surrounded by…
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40% Nigerian Households Use Generators
A joint report put together by a research firm and a financial institution has shown over 40 percent of households in Nigeria own and use generators to meet their electricity requirements. According to the report it stated that the affected households spent about $14 billion annually to fuel their generators, as the power supply from…
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Ghana To Begin Talks With IMF As Inflation Rates Reach An 18-Year High
Last week, hundreds took to the streets of Ghana’s capital, Accra, to protest the country’s spiralling inflation and other economic woes. Perhaps the two-day protest influenced the government’s decision to reconsider its previous stand on seeking financial aid from the International Monetary Fund (IMF). The West African country’s cabinet supported the decision at a meeting…
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Inflation Rates In Zimbabwe Surges To 191% in June 2022
According to the latest figures from the Zimbabwe National Statistics Agency, the country’s annual inflation rate reached 191% in the second quarter of the year. Weeks into the Russian invasion, Zimbabwe’s inflation rate shot up from 66% to more than 130% in May. In two months, it increased again to verge on 200%. In the same…
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Nigeria National Infrastructure Analysis
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Nigeria Expenditure Approach
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Nigeria Socio economic Development(Monetary Statistics and National Account)
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Nigeria Socio-Economic Development (Debt, Public finance and National)