Wednesday, April 15, 2026
IMF disburses $3.4bn emergency fund to Nigeria at 1% interest rate
By Omobayo Azeez Following a recent approval by the board of International Monetary Fund (IMF), Nigeria has received the sum...
Read moreDetailsCut interest rates to boost economy, says Tinubu
Asiwaju Bola Tinubu, the national leader of the All Progressives Congress, has said the Central Bank of Nigeria should seize...
Read moreDetailsRising inflation signifies tougher times ahead –LCCI, NECA, ASBON
The Lagos Chamber of Commerce and Industry, Nigeria Employers’ Consultative Association, and the Association of Small Business Owners of Nigeria...
Read moreDetailsNigerian economy to contract by 3.5% – McKinsey
By Omobayo Azeez Doom has been spelled on the Nigerian economy, which according to McKinsey & Company, could contract as...
Read moreDetailsInflation hits 12.20% YoY in February; 0.07% higher than January rate
By Omobayo Azeez The consumer price index, (CPI), which measures inflation, increased by 12.20 per cent on a year-on-year (YoY)...
Read moreDetailsCosts of food, transport, others increase as inflation spikes by 12.13% YoY
By Omobayo Azeez Latest report by the National Bureau of Statistics (NBS) has shown that Nigerians expended higher money on...
Read moreDetailsOtunuga highlights naira’s fighting chance amidst hiked CRR, other issues
The impact of local and major global events on Nigeria's economy is not particularly favourable this week. This is...
Read moreDetailsPoor borrowing culture must change to facilitate faster economic growth – Olowu
Adesola Afolabi Achieving a 2.93 percent growth rate in Nigeria’s economy for the year 2020 as proposed in the budget,...
Read moreDetailsSubdued spending, unemploymemt caused by the continued inflation – FBNQuest
As inflation goes on the uptick in Nigeria after a fall, analysts have said the rising inflation trend will lead...
Read moreDetailsInflation may rise in coming months – LCCI
The Lagos Chamber of Commerce and Industry has warned that the nation’s inflationary trend may move higher in the coming...
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