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January 17, 2021

Nigeria's Misery Index Rises as Inflation Reaches 15.75%

Nigeria's headline inflation rate rose to 15.75% in the month of December 2020 (from 14.89% in November) according to a recent report published by the National Bureau of Statistics (NBS), the inflation rate represented the highest monthly rate increase since the beginning of 2020.

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January 17, 2021

Lagos State Budget 2021: Rekindling Hope, Riding Expectations

At a media briefing held on Thursday, January 14, 2020, the Lagos State Government gave a breakdown of its 2021 budget which it called a 'Budget of Rekindled Hope'. The heart of the budget leveraged its THEMES agenda that encapsulated the broad socioeconomic goals of the administration.

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January 17, 2021

Implications of Social Unrest for the Nigerian Insurance Industry

The Nigerian economy has become increasingly prone to violence and social unrest due to a growing public resentment against the government. Insurgency groups such as Boko Haram, and the killings by the Fulani herdsmen, have also contributed to the vulnerable security condition in Nigeria.

395 VIEWS

January 17, 2021

African Countries Not Ready to Implement Free Trade from January

AfCFTA's secretariat says adoption will be slow as many nations lack border facilities. In 2019, 14.4% of official African exports went to other African countries, a small proportion compared with the 52% in intra-Asian trade, according to Afreximbank.

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