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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Economics
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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Kenya’s rating cut deeper into junk by Moody’s, nears Nigeria’s
Moody’s Investors Service, a global credit rating agency, has downgraded Kenya’s ratings further into the junk territory as domestic financing
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Nigeria, three others flirting with debt distress: Capital Economics
Nigeria, Kenya, Mozambique and Angola are teetering on the brink of debt distress as their bond spreads are around 1,000
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Naira will weaken to 500 per dollar by Dec: Fitch
Naira is expected to weaken to 500 per dollar on the official market at the end of this year, BMI
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Fitch affirms Nigeria’s rating at ‘B-‘, expects more reforms under Tinubu
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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