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Nigeria's goal under the National Economic Empowerment Development Strategy (NEEDS) program is to reduce inflation to the single digits. [57] By 2015, Nigeria's inflation stood at 9%. In 2005, the federal government had expenditures of US$13.54 billion but revenues of only US$12.86 billion, resulting in a budget deficit of 5%.
Companies import goods and services to supply to the domestic market at a cheaper price and better quality than competing goods manufactured in the domestic market. Companies import products that are not available in the local market. There are three broad types of importers: Those looking for any product around the world to import and sell
Terms of trade; This is a list of ... Nigeria: 60,488 2022 ... List of U.S. states and territories by exports and imports; Business and economics portal; Notes
An economic theory that defines wealth by the amount of precious metals owned. [48] business cycle. Also called the economic cycle or trade cycle. The downward and upward movement of gross domestic product (GDP) around its long-term growth trend. [49] The length of a business cycle is the period of time containing a single boom and contraction ...
Includes only visible imports and exports, i.e. imports and exports of merchandise. The difference between exports and imports is called the balance of trade. If imports are greater than exports, it is sometimes called an unfavourable balance of trade. If exports exceed imports, it is sometimes called a favourable balance of trade.
Nigerian women. Female empowerment in Nigeria is an economic process that involves empowering Nigerian women as a poverty reduction measure. [1] [2] Empowerment is the development of women in terms of politics, social and economic strength in nation development. It is also a way of reducing women's vulnerability and dependency in all spheres of ...
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Business and economics portal; Nigeria portal; ... Nigerian women economists (8 P) C. ... additional terms may apply.