After Ghana, Tunisia most likely to default on debt: Capital Economics
A sovereign default in 2023 is looking increasingly likely in Tunisia, a London-based economic research firm has said. “2022 will
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Author: Markets Reporters
Naira devaluation inevitable in 2023: Top economist
The Nigerian currency is “misaligned from its true value”, and devaluation is inevitable next year, Bismarck Rewane, a top economist
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IMF okays $149.3m disbursement to Chad
The International Monetary Fund has completed the first and second reviews of the extended credit facility arrangement with Chad, providing
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World Bank urges CBN to rethink FX repatriation rebate
The World Bank has urged the Central Bank of Nigeria to reconsider its rebate scheme aimed at encouraging the repatriation
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Nigeria’s SEC okays listing rules for tech companies
Nigerian Exchange Limited (NGX) announced on Sunday that the Securities and Exchange Commission has approved the Rules for Listing on
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Nigeria, US firm sign deal for $10bn solar project
The Federal Government of Nigeria and Sun Africa LLC have signed a development and engineering, procurement and construction implementation framework
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Increased FX turnover fails to lift naira, FMDQ data show
The naira weakened against the dollar this week despite the increase in the turnover in the foreign exchange market, data
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Naira redesign may weigh on economic activity – World Bank
The World Bank has said the redesign of Nigeria’s higher-value currency notes may have negative impacts on economic activity. The
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Savannah Energy buys ExxonMobil’s assets in Chad, Cameroon for $407m
Savannah Energy Plc, the British independent energy company, has announced the completion of its acquisition of ExxonMobil’s entire upstream and
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Cash limits: Nigeria misdiagnoses currency woes, says Capital Economics
Following the new cash withdrawal limits announced this week in Nigeria, analysts at Capital Economics have said the central bank
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