FLASH: Nigeria’s Trade Surplus Climbed To 6%

The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, says Nigeria’s trade surplus has climbed to six per cent of the nation’s Gross Domestic Product (GDP). Cardoso said this in a statement by the Director of Information and Public Relations, Federal Ministry of Finance, Mr Mohammed Manga, in Washington on Wednesday. Cardoso,…

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BREAKING: Presidency Rejects World Bank’s 139 Million Poverty Claim, Tags It Unrealistic

In a sharp repudiation of the World Bank’s recent poverty statistics, the Presidency on Wednesday dismissed the figure that 139 million Nigerians live in poverty as “detached from the country’s economic realities” and an analytical abstraction rather than a factual headcount. The government insisted that the estimate must be “contextualised” before being accepted as valid….

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