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Economics

Economics FEATURED Latest TOP STORIES 

Nigeria risks losing gains from Tinubu’s policy shift: Capital Economics

September 28, 2023September 28, 2023 Markets Reporters 0 Comments Bola Tinubu, Capital Economics

The gains from Nigeria’s recent policy shift after President Bola Tinubu took office risk evaporating, Capital Economics has said. The

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Economics FEATURED Latest TOP STORIES 

Research firm lists three African countries most likely to default on debts

September 28, 2023September 28, 2023 Markets Reporters 0 Comments Capital Economics, David Omojomolo, Debt default in Africa

Public debt risks will continue to be a key concern across Africa, with the threat of sovereign default highest in

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Economics FEATURED Latest TOP STORIES 

Doubts raised over Nigeria’s commitment to policy shift

September 28, 2023September 28, 2023 Markets Reporters 0 Comments Capital Economics, naira devaluation, Petrol subsidy removal, Tinubu reforms

The Nigerian government is failing to shrug off its interventionist tendencies, months after a shift to orthodox economic policy, London-based

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Economics FEATURED Latest TOP STORIES 

Nigeria’s gains from subsidy removal, FX reforms to top N21trn by 2025: World Bank

June 27, 2023June 27, 2023 Markets Reporters 0 Comments FX reforms in Nigeria, Petrol subsidy removal, World Bank

With the removal of the subsidy and the implementation of FX reforms, the government is projected to achieve estimated fiscal

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Economics FEATURED Latest TOP STORIES 

World Bank sees Nigeria’s inflation hitting 25% on subsidy removal

June 27, 2023June 27, 2023 Markets Reporters 0 Comments Inflation rate in Nigeria, Nigeria Development Update, World Bank

The World Bank has said the inflation rate in Nigeria is expected to peak at 25 percent this year on

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Economics FEATURED Latest TOP STORIES 

Nigeria risks falling back into recession, Rewane warns

June 17, 2023June 17, 2023 Markets Reporters 0 Comments Bismarck Rewane, Financial Derivatives Company, Recession in Nigeria

Africa’s biggest economy is at risk of falling back into recession after a slowdown in the first quarter of the

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Economics FEATURED Latest TOP STORIES 

Nigeria’s inflation seen hitting 30% on Tinubu’s reforms

June 15, 2023June 15, 2023 Markets Reporters 0 Comments Inflation rate in Nigeria, naira devaluation, Petrol subsidy removal

The annual inflation rate in Nigeria is expected to surge to more than 30 percent in coming months following the

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Economics FEATURED Latest TOP STORIES 

Large naira devaluation, sharp rate hikes appear likely: Capital Economics

June 12, 2023June 12, 2023 Markets Reporters 0 Comments Bola Tinubu, Capital Economics, naira devaluation

With the suspension of the Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, a large devaluation of the

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Economics FEATURED Latest TOP STORIES 

South Africa dodges recession as GDP grows 0.4%

June 6, 2023June 6, 2023 Markets Reporters 0 Comments Capital Economics, South Africa, Technical recession

South Africa, the most industrialised economy in Africa, skirted a technical recession as its GDP expanded by 0.4 percent in

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Economics FEATURED Latest TOP STORIES 

Subsidy removal: TUC demands N200,000 minimum wage, tax holiday, others

June 5, 2023June 5, 2023 Markets Reporters 0 Comments

The Trade Union Congress of Nigeria has asked the Federal Government to increase the country’s minimum wage from N30,000 to

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