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Economics

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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Economics FEATURED Latest TOP STORIES 

Okonjo-Iweala confirmed as WTO DG, reveals her top priority

February 15, 2021February 15, 2021 Markets Reporters 0 Comments Ngozi Okonjo-Iweala, WTO

The World Trade Organization has chosen Nigeria’s former Finance Minister, Dr Ngozi Okonjo-Iweala, as its first female and first African

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Economics FEATURED Latest TOP STORIES 

Nigeria sets up infrastructure company to bridge huge deficit

February 12, 2021February 12, 2021 Markets Reporters 0 Comments Infra-Co, Infrastructure company, NSIA

President Muhammadu Buhari has approved the establishment of an infrastructure company, named Infra-Co, with an initial seed capital of N1

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Economics FEATURED Latest TOP STORIES 

Nigeria plans more borrowing, targets 40% debt-to-GDP

February 12, 2021February 12, 2021 Markets Reporters 0 Comments Debt-to-GDP, DMO

Nigeria, Africa’s biggest economy, is looking to increase its debt-to-GDP ratio to 40 percent by 2023 from10.35 percent at the

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