Saturday, May 30, 2026
Nigeria’s public debt stock rises to N44.06 trn in Q3 2022, NBS reports
By Cynthia Ezekwe Amid the economic downturn in Nigeria, the country’s public debt stock grew by 2.84 per cent in...
Read moreDetailsMixed reactions trail CBN’s fresh deadline on currency swap
By Onome Amuge The Central Bank of Nigeria (CBN) has extended the January 31 deadline for the exchange of old...
Read moreDetailsICRC sees $361bn revenue potential in Lekki deep seaport within 45 years
By Innocent Obasi The Infrastructure Concession Regulatory Commission (ICRC), an agency of the federal government of Nigeria charged with the...
Read moreDetailsCBN increases interest rate to 17.5%
By Business AM The monetary policy committee of the central bank has in its January 2023 meeting, raised the monetary...
Read moreDetailsCBN cash swap programme to promote new naira circulation
By Onome Amuge The Central Bank of Nigeria (CBN) has introduced a cash swap programme in partnership with super agents...
Read moreDetailsNigeria fails to make AfDB’s 10 African economies to grow 5.5%+ in 2023–2024
By Ben Eguzozie Rwanda, Côte d’Ivoire, Benin, Ethiopia, Tanzania, in world’s 10 fastest-growing Nigeria, listed as Africa’s largest economy with...
Read moreDetails25 million Nigerians at high risk of hunger in 2023, UN warns
By Onome Amuge The October 2022 Cadre Harmonisé, a government led and UN-supported food and nutrition analysis carried out...
Read moreDetailsNigeria’s inflation drops to 21.34% in December
By Onome Amuge Nigeria’s inflation rate fell for the first time in 11 months to 21.34 per cent , a...
Read moreDetailsCBN says reduction of cash-based transactions by 2025 will foster cashless economy
By Chisom Nwatu The Central Bank of Nigeria (CBN) has said the use of cash payment will naturally reduce by...
Read moreDetailsAnalysts weigh in on economic, political outlook, see GDP deceleration
BY BEN EGUZOZIE Election Year 2023 EIU, AfDB in number crunching As Nigeria enters into national elections this year, beginning...
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