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Nigeria Inflation rate races to 21.09% y/y in October

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TUE, 15 NOV, 2022-theGBJournal| Nigeria’s headline inflation raced to 21.09% in October from 20.77% in September, despite recent rate increases by the Central Bank...

History made as First UNWTO Global Conference opens at the iconic...

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...First event to be held since the completion of phase 1 of the $100 million renovation TUE, 15 NOV, 2022-theGBJournal| The Minister of Information and...

Global stars join FIFA in launching Football Unites the World campaign

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TUE, 15 NOV, 2022-theGBJournal| A host of international icons have joined forces to launch Football Unites the World, the campaign illustrating football’s unrivalled ability...

With Afreximbank’s funding support, Liquidity and Sustainability Facility closes inaugural $100...

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MON, 14 NOV, 2022-theGBJournal| The Liquidity and Sustainability Facility (LSF) designed by the United Nations Economic Commission for Africa (ECA), in collaboration with African...

Market capitalization sheds N71.85bn as NGX All-Share Index retreats by 0.3%...

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MON, 14 NOV, 2022-theGBJournal| Nigerian equities opened the week on a negative note, as the All-Share Index declined by 0.30% to close at 43,837.89...

COP27| African and global partners launch multi-billion alliance for green infrastructure

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...Alliance to raise up to $500 million of early-stage project preparation and development capital. ...Goal: boost project bankability and generate up to $10 billion...

President Buhari blasts rich countries’ ‘hypocrisy’ on climate crisis in a...

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MON, 14 NOV, 2022-theGBJournal| ‘’Many of my peers are frustrated with Western hypocrisy and its inability to take responsibility,’’ President Muhammadu Buhari wrote in...

Naira Redesign|Increased currency deposits across banks and other financial institutions witnessed

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MON, 14 NOV, 2022-theGBJournal| The Central Bank of Nigeria (CBN) says it is witnessing increased currency deposits across banks and other financial institutions in...

Analysis| Why UNILEVER’s profitability will remain under pressure

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MON, 14 NOV, 2022-theGBJournal| UNILEVER reported revenue growth of 10.3% y/y in 9M-22, underperforming expectations, with the sluggish outturn driven majorly by the revenue...

Quick Take| Foreign investors will need more convincing actions from the...

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MON, 14 NOV, 2022-theGBJournal| Nigeria’s FX liquidity conditions remain weak at the Investors and Exporters Window (IEW) despite the Central Bank of Nigeria’s (CBN)...