CBN expected to hold interest rates steady Tuesday after two-year hiking cycle
The Central Bank of Nigeria is expected to keep the benchmark interest rate at 26.75% next week at the end
Read more
Economics
Tinubu says Q2 trade data shows increasing ‘positive economic shifts’
President Bola Tinubu has said the latest trade report released by the National Bureau of Statistics shows increasing positive shifts
Read more
Nigeria’s Q2 GDP data expected to show faster growth
Nigeria’s economy, once Africa’s biggest, grew at a faster pace in the second quarter of the year, analysts at London-based
Read more
Nigeria’s $500m domestic bond should be successful – Rewane
The domestic dollar bond launched on Monday by the Nigerian government should be successful, economic expert and CEO of Lagos-based
Read more
US Fed on course to cut rates September, minutes show
Federal Reserve officials last month were strongly leaning toward an interest rate cut at their September policy meeting and several
Read more
Africa’s high-yield bonds seen benefitting from US Fed rate cut
Investors are eyeing high-yield foreign currency bonds from Nigeria, Gabon, and Kenya ahead of an anticipated US Federal Reserve rate
Read more
Nigeria jacks up passport fee by 43% amid ‘japa’ wave
The federal government has increased the cost of the nation’s passport by 42.8 percent as part of efforts to maintain
Read more
NESG wants issues behind cost-of-living crisis addressed
The Nigerian Economic Summit Group (NESG) has said the issues contributing to the cost-of-living crisis in the country must be
Read more
Nigeria offers $500m domestic dollar bond at 9.75%
The federal government has issued the series one of its first domestic dollar bond sale. “On behalf of the Nigerian
Read more
Planned protests could cost Nigeria N400bn daily: CPPE
The protests planned to start this week in Nigeria could cause an estimated daily loss of N400 billion if not
Read more