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Economics

Economics FEATURED Latest TOP STORIES 

Nigeria needs to reduce debt sustainability risks, says IMF

February 7, 2022February 7, 2022 Markets Reporters 0 Comments Debt sustainability risks in Nigeria, IMF

The International Monetary Fund has said there is an urgent need for fiscal consolidation to create policy space and reduce

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Economics FEATURED Latest TOP STORIES 

Firms to build new sugar processing plant in Nigeria

February 7, 2022February 7, 2022 Markets Reporters 0 Comments Ellah Lakes, Montserrado Investment, sugar processing plant

Ellah Lakes Plc has announced a collaboration agreement with Montserrado Investment Ltd to build a sugar processing plant in Nigeria,

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Economics FEATURED Latest TOP STORIES 

How Nigeria can build sustainable economy, by LCCI

October 1, 2021October 1, 2021 Markets Reporters 0 Comments Chinyere Almona, LCCI, Nigerian economy, sustainable economy

The Lagos Chamber of Commerce and Industry has highlighted steps Nigeria can take to build a sustainable economy. The Director-General,

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Economics FEATURED Latest TOP STORIES 

Why forex pressure will continue in Nigeria, by Salami

September 17, 2021September 17, 2021 Markets Reporters 0 Comments Doyin Salami, Economic Advisory Council, Forex scarcity in Nigeria

Foreign exchange pressure will continue in the second half of this year in Nigeria owing to limited inflows from both

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Economics FEATURED Latest TOP STORIES 

Nigeria’s forex reserves surge to $35.19bn, highest in five months

September 16, 2021September 16, 2021 Markets Reporters 0 Comments CBN, Forex reserves in Nigeria

Nigeria’s foreign exchange reserves rose by $1.17 billion in the first 14 days of this month to the highest level

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Economics FEATURED Latest TOP STORIES 

Nigeria’s inflation falls to lowest in seven months

September 15, 2021September 15, 2021 Markets Reporters 0 Comments Inflation rate in Nigeria, National Bureau of Statistics

The inflation rate in Nigeria dropped in August to its lowest level in seven months, official data released on Wednesday

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Economics FEATURED Latest TOP STORIES 

VAT tussle: Businesses in Nigeria face ‘confusion’, LCCI warns

September 13, 2021September 13, 2021 Markets Reporters 0 Comments Chinyere Almona, LCCI, Value Added Tax, VAT tussle

The Lagos Chamber of Commerce and Industry has said it is concerned about the confusion businesses in Nigeria face as

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Economics FEATURED Latest TOP STORIES 

Nigeria’s inflation risks remain elevated, says FDC

August 13, 2021August 13, 2021 Markets Reporters 0 Comments Financial Derivatives Company, Inflation rate in Nigeria

While consumer price inflation is expected to continue its downward trend, inflation risks in Nigeria remain elevated due to heightened

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Economics FEATURED Latest TOP STORIES 

Nigeria’s forex reserves hit one-month high after sinking to $33.08bn

August 1, 2021August 1, 2021 Markets Reporters 0 Comments CBN data, Forex reserves in Nigeria

Nigeria’s foreign exchange reserves have pared recent losses, rising to the highest level since June 28, 2021, the latest data

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Economics FEATURED Latest TOP STORIES 

Delta variant, threat to Nigeria’s economic outlook: Capital Economics

July 29, 2021July 29, 2021 Markets Reporters 0 Comments Capital Economics, Delta variant of COVID-19

As the highly contagious Delta variant of COVID-19 seems to be dominant now across much of Sub-Saharan Africa, Nigeria’s economic outlook faces

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