$8.1tn global investment needed in nature by 2050 – Report
A total investment in nature of $8.1 trillion is required between now and 2050 – while annual investment should reach
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Economics
Nigeria’s forex reserves tumble to one-year low
Nigeria’s foreign exchange reserves have fallen to the lowest level in more than a year, the latest data from the
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Nigeria’s economy seen shrinking in Q1 after exiting recession
The Nigerian economy is estimated to have contracted by 0.5 percent in the first quarter of this year after a
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Surprise as Nigeria’s inflation falls for first time in 21 months
The inflation rate in Nigeria unexpectedly declined in April for the first time in 21 months, official data released on
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Companies paid N393bn in taxes to Nigerian govt in Q1: NBS
The company income tax paid to the Nigerian government rose to N392.77 billion in the first quarter of this year
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[UPDATED] TCN says Nigeria’s power grid restoration ongoing
The Transmission Company of Nigeria has said the restoration of the country’s power grid, which collapsed on Wednesday morning, is
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Nigeria’s debt-to-revenue ratio ‘alarmingly high’, says FDC
While Nigeria has a low debt to GDP ratio of 34.4 percent, its debt to revenue ratio is alarmingly high
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Fitch revises Nigeria’s outlook to stable, says challenges remain
A global credit rating agency, Fitch Ratings, said it had revised Nigeria’s outlook to stable from negative. It said in
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Slash salaries of political office holders, not workers’ pay, TUC tells FG
The Trade Union Congress of Nigeria has asked the Federal Government to slash the salaries of political office holders in
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Why more firms may leave Nigeria for Ghana, others – FDC
The difficulty faced by manufacturers in sourcing for foreign exchange to acquire raw materials may force more companies to leave
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