Nigeria’s financial system entered 2023 under severe strain, caught in the crosscurrents of a weakening currency, surging inflation and eroding...
Nigeria’s financial system entered 2023 under severe strain, caught in the crosscurrents of a weakening currency, surging inflation and eroding...
… CBN moves to boost FX supply The naira recorded a weekly loss of N21.68 against the dollar in the...
Rising oil prices are once again testing Nigeria’s economy. But this time, there is no subsidy to absorb the shock....
Nigeria’s small and medium-sized businesses are operating in one of the toughest consumer environments in recent history. While many suggest...
Yemi Dairo, a technician at an estate in Lekki, now sleeps overnight in his office, where he works, to avoid...
Poor electricity supply costs Nigeria an estimated N40 trillion every year, the Nigerian Independent System Operator has warned, describing unreliable...
The Central Bank of Nigeria has restricted banking services for large-scale loan defaulters, cutting off their access to fresh credit,...
Violent land disputes have emerged as a major factor affecting Nigeria’s fragile food distribution system, and sitting at the epicentre...
The Central Bank of Nigeria (CBN) reduced stop rates on longer-dated Treasury bills at its 25 March auction, even as...
The World Bank Group has said several of its clients across emerging markets are already feeling the effects of the...
Africa’s developer community is expanding at the fastest rate globally, positioning the continent as an emerging force in the creation...
Capital inflows into Nigeria increased to its highest level in the last seven years, signaling renewed investor interest in Africa’s...
Nigeria employs a new framework of a 1 percent turnover levy to tax an informal work force of about 80...
Nigeria’s external reserves, which provide the Central Bank of Nigeria (CBN) with the capacity to support the naira and meet...