Nigerian banks now require tax certificate to meet customers’ FX requests
Nigerian banks are now asking customers to submit tax clearance certificates to enable them to get access to foreign exchange.
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Economics
KPMG cuts Nigeria’s 2023 GDP growth forecast to 2.85%
KPMG, a professional services firm, said on Thursday that Nigeria’s economy will grow more slowly in 2023 than previously predicted.
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CBN delivers last rate hike under Buhari
The Central Bank of Nigeria has raised the monetary policy rate for the seventh straight time by 50 basis points,
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Why CBN will raise interest rate today, by analysts
The Central Bank of Nigeria is expected to raise its benchmark interest rate today owing to the further increase in
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Nigeria’s economy slows sharply to 2.31% on cash crunch
Nigeria’s economic growth plunged in the first three months of this year on the back of the cash scarcity brought
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Cordros sees CBN raising interest rate to 18.5%
Ahead of the next week’s meeting of the Monetary Policy Committee of the Central Bank of Nigeria, analysts at Cordros
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Cash-strapped Ghana secures $3bn IMF loan
The Executive Board of the International Monetary Fund (IMF) has approved a 36-month arrangement under the Extended Credit Facility (ECF)
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CBN expected to raise interest rate to 18.25% next week: FDC
The Central Bank of Nigeria is expected to continue its interest rate-hike cycle next week as inflation jumped again in
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‘Adapt or perish’: Rewane warns of crunch time for Nigeria
With the economy in dire straits and several challenges awaiting the next government, Nigeria will have to “adapt or perish”,
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Nigeria’s April inflation to edge down to 21.6%: Capital Economics
Data due to be published on Monday will show that Nigeria’s headline inflation rate edged down to 21.6 percent year-on-year
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