Economy
IMF Predicts Nigeria’s Inflation To Worsen By 16.1% In 2022
Nigeria’s Consumer Price Index will hit 16.1 per cent in 2022, the International Monetary Fund has projected. #IMF #Nigeria
Buhari Approves Reopening Of Idiroko Border, Three Others
President Muhammadu Buhari has ordered the immediate reopening of four additional land borders. President Buhari had in December 2020 opened...
FG Blames Ukraine War For Worsening Budget Deficit
Nigeria’s Minister of Finance, Zainab Ahmed, has blamed the country’s worsening budget deficit on the ongoing conflict in Ukraine. #Nigeria...
Weak Labour Market, Others Hindering Poverty Reduction In Nigeria – World Bank
Sluggish growth, low human capital, labour market weaknesses, and exposure to shocks are holding Nigeria’s poverty reduction back, the World...
Court Restricts EFCC From Arresting and Further Inviting Innoson’s Lawyer
Innoson Nigeria Ltd, Nigeria’s foremost indigenous Auto Industrialist has expressed its concerns about the new trend in its long running...
Nigeria’s Inflation Rate Drops To 15.6% In January
The consumer price index measures which measure inflation has increased by 15.6 percent in January, year on year. #Nigeria #Inflation
How Nigeria’s Excess Crude Account Was Depleted In Seven Years
The Muhammadu Buhari government has steeply depleted Nigeria’s Excess Crude Account (ECA) to $35.8 million from over $2 billion. #Nigeria...
IMF Proposes $50bn Trust Fund For Nigeria, Other Low, Middle-Income Countries
The IMF is proposing a $50 billion trust fund for Nigeria and other low and vulnerable middle-income countries. #Nigeria #IMF
World Bank Projects 2.5% Growth In Nigeria’s Economy This Year
The World bank in its latest Global Economic Prospects report projects that Nigeria’s economy is expected to grow by 2.5...
Senate To Reduce Nigeria’s Borrowing – Lawan
The President of the Senate, Ahmad Lawan, has said that the upper chamber will work with revenue generating agencies towards...
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