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Fears Over Inflation and the Naira as the Money Supply Reach N99.23 Trillion
The money supply (M3) reached a record high of N99.23 trillion in May 2024, and given banks' predicted capitalization, it is anticipated to soar...
ID4D: World Bank Restructures $430 million Project to Secure Financing after Nigeria Misses Deadline
The World Bank has announced that it is reorganizing Nigeria's Digital Identification for Development (ID4D) initiative to ensure that the $430 million pledged by...
Money Supply Reaches Record High of N99.23 Trillion in Spite of Liquidity Shortage
Despite monetary tightening measures being pursued by the Central Bank of Nigeria (CBN), Nigeria's money supply (M3) hit a record high of N99.23 trillion...
Dangote Refinery Starts Gasoil Exports to West Africa, Reducing Imports from Europe
Based on shipping data and traders, Nigeria's recently constructed Dangote oil refinery is taking market share away from European refiners by exporting more gasoil...
FG says it granted N27.2 billion to nano businesses in three months under the trade grant scheme
The federal government says it has disbursed a total of N27.2 billion of the N50 billion incentives set aside for nano firms under the...
