Blog
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Nigeria’s manufacturing grows 1.5% amid shrinking African output — UNIDO
Despite the myriad of binding constraints plaguing the manufacturing sector in Nigeria, it recorded a growth of 1.5 percent while the manufacturing output in Africa contracted -0.7 percent in the last quarter of 2023 (Q4’23). This was revealed from data obtained from the UN Industrial Development Organization (UNIDO), reflecting the resilience of Nigerian manufacturers. The UN agency…
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Bank of Ghana profits unduly from high rates – Togbe Afede XIV
Bank of Ghana profits unduly from high rates – Togbe Afede XIV Bank of Ghana profits unduly from high rates – Togbe Afede XIV (ghanaweb.com)
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Experts identify opportunities for growth in Africa’s underdeveloped logistics sector
Experts identify opportunities for growth in Africa’s underdeveloped logistics sector (ghanaweb.com)
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IMF cautions FG against CBN Act amendment
The International Monetary Fund (IMF) has cautioned the Federal Government against the proposed amendment of the Act establishing the Central Bank of Nigeria (CBN), calling rather for the strengthening of the apex bank. The position of the Fund was contained in the Article IV Staff Consultation Report of the Board of Governors of the global organization,…
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Energy crisis: Port Harcourt, Warri refineries to be fully operational in 2024
As Nigeria’s fuel scarcity lingers, the Chairman, Senate Committee on Petroleum (Downstream), Senator Ifeanyi Ubah, said two refineries – Port Harcourt and Warri – would be fully operational by the end of 2024. He said plans have already been put in place to achieve the target, adding that the Kaduna Refinery would also be operational before the end…
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Cedi’s woes continue; now selling at GH¢14.70 to $1
Cedi’s woes continue; now selling at GH¢14.70 to $1 (ghanaweb.com)