Foreign Portfolio Investors (FPIs) have dominated foreign exchange (FX) inflows in the past six weeks, overtaking exporters, non-bank corporates, and...
In a country where fiscal power has long rested in Abuja, Nigeria’s newly signed value added tax (VAT) reforms could...
Nigeria’s external reserves decreased by about $3.5billion within the first half (H1) to June. The Central Bank of Nigeria (CBN)...
In June 2023, Nigeria took a bold step: it ended the confusing system of multiple exchange rates and finally let...
Nigeria’s total public debt has risen by N27.72 trillion to N149.39 trillion in one year, largely due to a weak...
George Elombi, the newly appointed President of the African Export-Import Bank (Afreximbank), has pledged to prioritise the transformation of Africa’s...
President Bola Ahmed Tinubu has officially commissioned indigenous electric vehicles, tricycles, and motorcycles in Nasarawa State, marking a milestone in...
Nigeria stands to earn no less than $500 million from cement exports alone annually, according to Aliko Dangote, founder and...
Peter Enogb, principal country economist, African Development Bank (AFDB), has said that the rise in global uncertainty, emanating from increases...
The Debt Management Office (DMO) saw a robust demand at its June bond auction, drawing ₦602.9 billion in bids for a...
Nigeria’s large informal sector and a large portion of the populace still remains outside formal investment channels. Africa’s most populous...
States and their governors have received historically high monthly allocations from the Federation Account Allocation Committee (FAAC), but the lives...
…Over $250bn mobilised into Africa in 32 years- Oramah Olayemi Cardoso, governor, Central Bank of Nigeria (CBN), has urged African...
Yields on Nigerian Eurobonds dipped to the lowest level in two months last week as a rally in oil prices...
Nigeria currently has fewer than 30 qualified actuaries, a figure that starkly contrasts with South Africa’s approximately 2,000. This wide...