Nigeria’s inflation risks remain elevated, says FDC
While consumer price inflation is expected to continue its downward trend, inflation risks in Nigeria remain elevated due to heightened
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Economics
Nigeria’s forex reserves hit one-month high after sinking to $33.08bn
Nigeria’s foreign exchange reserves have pared recent losses, rising to the highest level since June 28, 2021, the latest data
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Delta variant, threat to Nigeria’s economic outlook: Capital Economics
As the highly contagious Delta variant of COVID-19 seems to be dominant now across much of Sub-Saharan Africa, Nigeria’s economic outlook faces
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Nigeria faces unsustainable debt burden, says Rewane
The Managing Director of Financial Derivatives Company Limited, Mr Bismarck Rewane, has said Nigeria’s debt burden will become unsustainable as
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Nigeria limits sugar imports to Dangote, two other firms
The Central Bank of Nigeria has said only three companies will be allowed to import sugar into the country. The
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[EXCLUSIVE] Nigeria’s forex reserves hit 44-month low, lose $14.65bn in three years
Nigeria’s foreign exchange reserves have tumbled to the lowest level in more than three years and eight months, despite the
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CBN’s naira defence threatened as forex reserves fall to $33.55bn
The ability of the Central Bank of Nigeria to defend the Nigerian currency has reduced on the back of the
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Nigeria’s falling inflation contradicts market reality, says FDC
The drop in inflation rate in May for the second straight month contradicts market reality, analysts at Financial Derivatives Company
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IMF raises concern over return of fuel subsidy in Nigeria
The International Monetary Fund has expressed concern over the resurfacing of fuel subsidies in Nigeria. The Nigerian government had in
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Nigeria’s forex reserves fall below $34bn despite oil rally
Nigeria’s foreign exchange reserves have dropped below $34 billion despite the rally in the price of crude oil, the major
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