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Recession: CBN warns as FG records N2.51trn deficit in 6 mths

The Central Bank of Nigeria, CBN, yesterday, warned that the nation’s economy may relapse into another recession, citing the N2.5 trillion budget deficit recorded by the Federal Government in six months and other factors as major threats to a fragile economic recovery.

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Cost had most impact on businesses — Guinness CEO

The Managing Director, Guinness Nigeria Plc, Mr. Peter Ndegwa, in this interview with Financial Vanguard, spoke on issues that challenge manufacturing companies in Nigeria , brewery sector, Guinness brands, proposed capital raising, future prospects, among others. Excerpt: By Peter Egwuatu WHAT are the challenges  facing the manufacturing industry in the country? The economic environment has
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