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Economics

Economics FEATURED Latest TOP STORIES 

Fitch affirms Nigeria’s rating at ‘B-‘, expects more reforms under Tinubu

May 9, 2023May 9, 2023 Markets Reporters 0 Comments Bola Tinubu, Fitch Ratings, Nigeria sovereign ratings

Fitch Ratings, a global credit rating agency, has affirmed Nigeria’s long-term foreign-currency issuer default rating (IDR) at ‘B-‘ with a

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Economics FEATURED Latest TOP STORIES 

Nigeria’s April inflation to hit 22.67% on rising food prices: FDC

May 6, 2023May 6, 2023 Markets Reporters 0 Comments Bismarck Rewane, Financial Derivatives Company, Inflation rate in Nigeria

The annual inflation rate in Africa’s biggest economy is estimated to increase again in April to 22.67 percent from 22.04

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Economics FEATURED Latest TOP STORIES 

Why dollar won’t be dethroned by renminbi: Capital Economics

May 3, 2023May 3, 2023 Markets Reporters 0 Comments Capital Economics, Chinese renminbi, dollar, Neil Shearing

While global fracturing will fundamentally reshape the global economic and financial landscape over the coming decade, the consequences for the

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Economics FEATURED Latest TOP STORIES Uncategorized 

Nigeria’s business activity rebounds after sinking to record low

May 2, 2023May 2, 2023 Markets Reporters 0 Comments Naira scarcity, Nigeria Purchasing Managers Index, Stanbic IBTC Bank PMI

Business activity in Africa’s biggest economy rebounded last month after shrinking in February for the first time in 32 months

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Economics FEATURED Latest TOP STORIES 

Dangote says Africa must dismantle trade barriers to secure future

May 2, 2023May 2, 2023 Markets Reporters 0 Comments AfCFTA, Aliko Dangote, The Economist

The President of Dangote Group, Aliko Dangote, has urged African countries to dismantle all barriers hindering trade within the continent

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Economics FEATURED Latest TOP STORIES 

Dangote Cement’s quarterly sales drop 25% in Nigeria

April 28, 2023April 28, 2023 Markets Reporters 0 Comments Arvind Pathak, Cash crunch in Nigeria, Dangote Cement

Dangote Cement Plc said on Friday that its Nigerian operations sold 3.6 million tonnes of cement in the first quarter

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Economics FEATURED Latest TOP STORIES 

Naira redesign: Nigerians deserve apology from Buhari, Emefiele, says CPPE

March 3, 2023March 3, 2023 Markets Reporters 0 Comments CPPE, Godwin Emefiele, Naira redesign, President Muhammadu Buhari

The Centre for the Promotion of Private Enterprise has described the naira redesign policy as “a needless disruption of economic

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Economics FEATURED Latest TOP STORIES 

‘Atiku, Obi seem more able to tackle Nigeria’s economic challenges’

February 6, 2023February 6, 2023 Markets Reporters 0 Comments Abubakar Atiku, Bola Tinubu, Buharinomics, Capital Economics, Peter Obi

Atiku Abubakar, the presidential candidate of the Peoples Democratic Party, and Peter Obi of the Labour Party seem more up

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Economics FEATURED Latest TOP STORIES 

Nigeria clinches top spot in crypto use and ownership

February 3, 2023February 3, 2023 Markets Reporters 0 Comments Crypto use in Nigeria, Cryptocurrency ownership, Trading Browser

Nigeria has taken the top spot among countries with the highest rate of cryptocurrency use and ownership, according to new

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Economics FEATURED Latest TOP STORIES 

Dangote Cement, Seplat take hit from Nigeria’s rating downgrade

February 2, 2023February 2, 2023 Markets Reporters 0 Comments Dangote Cement, Moodys Investors Service, rating downgrade, Seplat Energy

Moody’s Investors Service has downgraded the ratings of Dangote Cement Plc and Seplat Energy Plc to Caa1 from B3 after

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