Nigeria’s Trade Deficit Drops By 61% To $340m
The nation’s trade deficit fell year-on-year (YoY) by 61 per cent to $340 million in July 2021 from $880 million in July 2020.
However, receipts from crude oil and gas exports rose by 127 per cent to $3.99...
BridgingSpace: Championing Online Mental Healthcare in Nigeria, by Abbas Badmus
Nigeria’s first online mental health startup, BridgingSpace has demonstrated its commitment to transforming the health care system by providing necessary support to persons suffering from mental health related issues such as depression, anxiety and others.
The...
Analysts Predict Rise In Nigeria’s Inflation Rate In Nov, Dec
Amid the steady decline in headline inflation rates over the past few months, analysts have predicted an uptrend for the last two months of the year as the festive season approaches.
The Economic Confidential had recently...
Nigeria Records N18.54trn Real GDP In Q3, 2021
The National Bureau of Statistics (NBS) has said in third quarter (Q3) of 2021, Nigeria recorded N18.54 trillion real Gross Domestic Product (GDP).
Besides, the bureau said in the period under review, the country recorded N45.11 trillion nominal...
W/Bank Projects $17.6bn Diaspora Remittance To Nigeria
The World Bank has projected $17.6 billion Diaspora remittances into Nigeria in 2021, representing 2.5 per cent increase from $17.2 billion recorded in 2020.
The Bank gave this projection in a report titled, “Migration and Development Brief 35”, attributing...
Nigeria’s Remittance Inflow Rebounds, Now $17.6bn - W/Bank
Nigeria’s remittance inflow is set to hit $17.6bn and push inflows to Sub-Saharan Africa to $45bn in 2021, a new report by the World Bank has indicated.
Remittance inflow to Nigeria was $17.2bn as of December, 2021.
The World...
