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Economics

Economics FEATURED Latest TOP STORIES 

Nigeria to sell dead assets, targets single-digit inflation

February 25, 2021February 25, 2021 Markets Reporters 0 Comments Dead assets, Nigerian to sell assets, Single-digit inflation, State House Briefing, Zainab Ahmed

The Nigerian government will sell assets dead or non-performing assets to credible investors who can revive them, the Minister of

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Economics FEATURED Latest TOP STORIES 

Nigeria’s forex reserves fall to near two-month low

February 23, 2021February 23, 2021 Markets Reporters 0 Comments CBN, Forex reserves

Nigeria’s foreign exchange reserves have declined to $35.47 billion, the lowest level in nearly two months. The reserves have fallen

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Economics FEATURED Latest TOP STORIES 

Scaling impact in Nigeria, a top priority – IFC

February 22, 2021February 22, 2021 Markets Reporters 0 Comments Eme Essien Lore, IFC, Makhtar Diop

The International Finance Corporation, an arm of the World Bank Group, has said scaling impact in Nigeria is a top

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Economics FEATURED Latest TOP STORIES 

‘Dangote, BUA, other cement producers will benefit from AfCFTA’

February 20, 2021February 20, 2021 Markets Reporters 0 Comments AfCFTA, Bismarck Rewane, BUA Cement, Dangote Cement

The African Continental Free Trade Area presents opportunities for Nigerian cement manufacturers to increase production and penetrate new markets, the

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Economics FEATURED Latest TOP STORIES 

Nigeria’s economic contraction shows weak fundamentals – LCCI

February 18, 2021February 18, 2021 Markets Reporters 0 Comments LCCI, Muda Yusuf, Nigerian economy

The Lagos Chamber of Commerce and Industry has said the output contraction Nigeria recorded last year highlights the country’s weak

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Economics FEATURED Latest TOP STORIES 

Nigeria’s economy beats World Bank, IMF estimates, emerges from recession

February 18, 2021February 18, 2021 Markets Reporters 0 Comments IMF, NBS, Nigerian economy, recession, World Bank

Nigeria, Africa’s biggest economy, has snapped out of recession as it recorded positive growth in the fourth quarter of 2020,

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Economics FEATURED Latest TOP STORIES 

Rising food prices will worsen Nigeria’s poverty situation – LCCI

February 18, 2021February 18, 2021 Markets Reporters 0 Comments Inflation, LCCI, Muda Yusuf, Poverty in Nigeria, Rising food prices

The Lagos Chamber of Commerce and Industry has said the rising food prices in Nigeria will worsen the poverty situation

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Economics FEATURED Latest TOP STORIES 

Nigeria’s forex reserves down $570m to $35.63bn despite oil rally

February 16, 2021February 16, 2021 Markets Reporters 0 Comments CBN, Forex reserves, Oil rally

The foreign exchange reserves of Nigeria, Africa’s biggest oil producer, fell by $570 million in the first 15 days of

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Economics FEATURED Latest TOP STORIES 

Get on board or be left behind, Okonjo-Iweala tells Nigeria, others

February 16, 2021February 16, 2021 Markets Reporters 0 Comments Ehingbeti Summit, Ngozi Okonjo-Iweala, WTO DG

The new Director-General of the World Trade Organization, Dr Ngozi Okonjo-Iweala, has said Nigeria and other African countries should embrace

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Economics FEATURED Latest TOP STORIES 

Nigeria’s inflation surges to 16.47%, highest in 45 months

February 16, 2021February 16, 2021 Markets Reporters 0 Comments Inflation rate, NBS

The inflation rate in Nigeria rose further in January to its highest level in 45 months, official data showed on

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