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Economy
Public-private collaboration needed to grow Nigeria’s startup ecosystem
Stakeholders at the one-day strategic conference on the Nigerian startup ecosystem have stated that the country must deepen collaboration between the private and public sector players for…
More pain for SMEs as CBN hikes rate to 17.5%
Small and Medium Enterprises battling higher borrowing costs now face a bigger headache as the Central Bank of Nigeria (CBN) raised its benchmark interest rate on Tuesday for the fifth…
Inflation, two others top global CEO’s fears for 2023
Chief executive officers around the world have identified inflation and macroeconomic volatility as the key threats for businesses in 2023, according to the latest 2023 Global CEO survey by…
MPC seen holding interest rates on slowing inflation
The Monetary Policy Committee (MPC) Monday commenced its first two-day meeting of the year, with expectations high on maintaining a hold on the benchmark interest rate as inflation slowed.…
What CBN’s N22.7trn overdraft-to-debt means for economy
The proposed securitisation of the N22.7 trillion loans from the Central Bank of Nigeria (CBN) to the Federal Government, if approved, is expected to have several implications for the…