Despite the bloated recurrent spending in the 2024 budget and a significant infrastructure gap, Nigeria’s debt repayment now exceeds both...
Mark Aguiar, director, international economics section for the International Monetary Fund (IMF) has said that sovereign borrowing negatively impacts citizens,...
Yemi Cardoso, governor of the Central Bank of Nigeria (CBN), says the bank is fostering stronger, healthier, and more resilient...
Olayemi Cardoso, Nigeria’s Central Bank governor, says he’s “relatively pleased” about the rare calmness the naira has witnessed in the...
The recent recapitalisation rules issued by the Central Bank of Nigeria (CBN), which took effect on June 3, 2024, have...
Nigeria’s total debt stock rose by 24.90 percent in the first quarter (Q1) of 2024 to N121.67 trillion from N97.34...
Until everyone dies of hunger or social unrest erupts, and the authorities resort to using military power to quell it,...
Kogi, Ekiti, Kwara, Osun and Edo states are the top five Nigerian states that recorded the highest food prices in...
The minister of solid minerals development, Dele Alake has revealed that more than 70kg of gold sourced in Nigeria have...
Bismarck Rewane, the chief executive officer of Financial Derivatives Company has predicted that Nigeria’s headline inflation will begin to cool...
Nigeria’s total debt stock rose by N24.33 trillion in the first quarter of 2023 to N121.67 trillion from N97.34 trillion...
As US and Europe-based multinationals exit Nigeria, Asian and local companies are stepping in to fill the void. Last week,...
…Economists see rate peaking at 35% in months High food prices continued to exert pressure on the wallets of Nigerians...
The $2.25 billion World Bank loan given to Nigeria to stabilise the economy and scale up support to the poor...
Nigeria’s annual inflation rate quickened to 33.95 percent in May 2024 from 33.69 percent in April 2024, for the seventeenth...