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Economics

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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Economics FEATURED Latest TOP STORIES 

VAT tussle: Businesses in Nigeria face ‘confusion’, LCCI warns

September 13, 2021September 13, 2021 Markets Reporters 0 Comments Chinyere Almona, LCCI, Value Added Tax, VAT tussle

The Lagos Chamber of Commerce and Industry has said it is concerned about the confusion businesses in Nigeria face as

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Economics FEATURED Latest TOP STORIES 

Nigeria’s inflation risks remain elevated, says FDC

August 13, 2021August 13, 2021 Markets Reporters 0 Comments Financial Derivatives Company, Inflation rate in Nigeria

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 FEATURED Latest TOP STORIES 

Nigeria’s forex reserves hit one-month high after sinking to $33.08bn

August 1, 2021August 1, 2021 Markets Reporters 0 Comments CBN data, Forex reserves in Nigeria

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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Economics FEATURED Latest TOP STORIES 

Delta variant, threat to Nigeria’s economic outlook: Capital Economics

July 29, 2021July 29, 2021 Markets Reporters 0 Comments Capital Economics, Delta variant of COVID-19

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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Economics FEATURED Latest TOP STORIES 

Nigeria faces unsustainable debt burden, says Rewane

July 17, 2021July 17, 2021 Markets Reporters 0 Comments Bismarck Rewane, Debt burden in Nigeria, Financial Derivatives Company

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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Economics FEATURED Latest TOP STORIES 

Nigeria limits sugar imports to Dangote, two other firms

July 16, 2021July 16, 2021 Markets Reporters 0 Comments CBN, sugar imports

The Central Bank of Nigeria has said only three companies will be allowed to import sugar into the country. The

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Economics FEATURED Latest TOP STORIES 

[EXCLUSIVE] Nigeria’s forex reserves hit 44-month low, lose $14.65bn in three years

July 8, 2021July 8, 2021 Markets Reporters 0 Comments Bismarck Rewane, Central Bank of Nigeria, Forex reserves in Nigeria

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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