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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Economics
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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Why forex pressure will continue in Nigeria, by Salami
Foreign exchange pressure will continue in the second half of this year in Nigeria owing to limited inflows from both
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Nigeria’s forex reserves surge to $35.19bn, highest in five months
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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Nigeria’s inflation falls to lowest in seven months
The inflation rate in Nigeria dropped in August to its lowest level in seven months, official data released on Wednesday
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VAT tussle: Businesses in Nigeria face ‘confusion’, LCCI warns
The Lagos Chamber of Commerce and Industry has said it is concerned about the confusion businesses in Nigeria face as
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