Nigeria’s multiple exchange rates blocking diaspora remittances – FDC
The existence of multiple exchange rates in Nigeria is one of the greatest constraints to diaspora remittance inflow into the
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Economics
Budget pain: Nigeria’s financing options ‘increasingly limited’, says Capital Economics
As Nigeria’s budget woes worsen, the options available to the government to finance the higher-than-expected deficit this year are increasingly
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IMF approves new currency amounts for special drawing rights
The International Monetary Fund has announced the new amounts for the five currencies that will determine the value of the
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Nigeria stuck in slow lane despite high oil prices: Capital Economics
Nigeria’s economic rebound has lost speed this year, despite the steep rise in the price of crude oil, the lifeblood
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FG borrows N2.45tn from CBN in half-year, owes nearly N20tn
The Federal Government borrowed N2.46 trillion from the Central Bank of Nigeria in the first half of this year as
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Manufacturers want CBN to sweeten pill of rate hikes
Manufacturers are hopeful that the Central Bank of Nigeria will relax what they described as “stringent conditionalities” for accessing available
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More businesses will die in Nigeria, manufacturers warn
The inflation-induced increase in the monetary policy rate will lead to a further squeeze on businesses’ profits and heighten the
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Nigeria needs to reduce debt sustainability risks, says IMF
The International Monetary Fund has said there is an urgent need for fiscal consolidation to create policy space and reduce
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Firms to build new sugar processing plant in Nigeria
Ellah Lakes Plc has announced a collaboration agreement with Montserrado Investment Ltd to build a sugar processing plant in Nigeria,
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How Nigeria can build sustainable economy, by LCCI
The Lagos Chamber of Commerce and Industry has highlighted steps Nigeria can take to build a sustainable economy. The Director-General,
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