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Economics

Economics FEATURED Latest TOP STORIES 

Nigeria stuck in slow lane despite high oil prices: Capital Economics

July 30, 2022July 30, 2022 Markets Reporters 0 Comments Capital Economics, Nigerian economy

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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Economics FEATURED Latest TOP STORIES 

FG borrows N2.45tn from CBN in half-year, owes nearly N20tn

July 24, 2022July 24, 2022 Markets Reporters 0 Comments CBN, DMO, Ways and Means Advances

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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Economics FEATURED Latest TOP STORIES 

Manufacturers want CBN to sweeten pill of rate hikes

July 23, 2022July 23, 2022 Markets Reporters 0 Comments CBN, MAN, Manufacturers in Nigeria

Manufacturers are hopeful that the Central Bank of Nigeria will relax what they described as “stringent conditionalities” for accessing available

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Economics FEATURED Latest TOP STORIES 

More businesses will die in Nigeria, manufacturers warn

July 23, 2022July 23, 2022 Markets Reporters 0 Comments CBN, Interest rate hike, Manufacturers Association of Nigeria, Segun Ajayi-Kadir

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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Economics FEATURED Latest TOP STORIES 

Nigeria needs to reduce debt sustainability risks, says IMF

February 7, 2022February 7, 2022 Markets Reporters 0 Comments Debt sustainability risks in Nigeria, 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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Economics FEATURED Latest TOP STORIES 

Firms to build new sugar processing plant in Nigeria

February 7, 2022February 7, 2022 Markets Reporters 0 Comments Ellah Lakes, Montserrado Investment, sugar processing plant

Ellah Lakes Plc has announced a collaboration agreement with Montserrado Investment Ltd to build a sugar processing plant in Nigeria,

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Economics FEATURED Latest TOP STORIES 

How Nigeria can build sustainable economy, by LCCI

October 1, 2021October 1, 2021 Markets Reporters 0 Comments Chinyere Almona, LCCI, Nigerian economy, sustainable economy

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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Economics FEATURED Latest TOP STORIES 

Why forex pressure will continue in Nigeria, by Salami

September 17, 2021September 17, 2021 Markets Reporters 0 Comments Doyin Salami, Economic Advisory Council, Forex scarcity in Nigeria

Foreign exchange pressure will continue in the second half of this year in Nigeria owing to limited inflows from both

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Economics FEATURED Latest TOP STORIES 

Nigeria’s forex reserves surge to $35.19bn, highest in five months

September 16, 2021September 16, 2021 Markets Reporters 0 Comments CBN, Forex reserves in Nigeria

Nigeria’s foreign exchange reserves rose by $1.17 billion in the first 14 days of this month to the highest level

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Economics FEATURED Latest TOP STORIES 

Nigeria’s inflation falls to lowest in seven months

September 15, 2021September 15, 2021 Markets Reporters 0 Comments Inflation rate in Nigeria, National Bureau of Statistics

The inflation rate in Nigeria dropped in August to its lowest level in seven months, official data released on Wednesday

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