Nigeria’s April inflation to hit 22.67% on rising food prices: FDC
The annual inflation rate in Africa’s biggest economy is estimated to increase again in April to 22.67 percent from 22.04
Read more
Financial Derivatives Company
Naira devaluation inevitable in 2023: Top economist
The Nigerian currency is “misaligned from its true value”, and devaluation is inevitable next year, Bismarck Rewane, a top economist
Read more
Nigeria’s multiple exchange rates blocking diaspora remittances – FDC
The existence of multiple exchange rates in Nigeria is one of the greatest constraints to diaspora remittance inflow into the
Read more
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
Read more
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
Read more
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
Read more
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
Read more
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
Read more
Nigerian banks turn to ruthless strategies in market share race – FDC
Amid growing competition from telecommunications and financial technology companies, some Nigerian commercial banks are adopting ruthless strategies to expand their
Read more
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
Read more