Govt Borrowing from Banks Surges by 90% in 12 months, Reaching N42trn
Samuel Mobolaji Government borrowing from Nigerian banks has surged by nearly 90 per cent in...
Finance & Economy
Nigeria’s Reforms Spark Growing Interest from Foreign Investors -Cardoso
Samuel Mobolaji Central Bank of Nigeria (CBN) Governor Mr. Yemi Cardoso has affirmed that recent...
Cost of Healthy Diet in Nigeria Hits N1,346 in September – Reports
The national average Cost of Healthy Diet (CoHD) was N1,346 per adult per day in...
Experts Urge Caution on New Foreign Loans Amid Exchange Rate Challenges
Samuel Mobolaji Finance experts are advising Nigeria’s government to avoid taking additional foreign loans due...
CBN, IFC to Support Nigerian Businesses with Over $1 billion
The International Finance Corporation (IFC) and the Central Bank of Nigeria (CBN) have launched an initiative to inject...
CBN’s IMTOs Reform Yields $600m Remittance Inflow
The Central Bank of Nigeria (CBN) has announced that its recent reformation of the International...
Nigeria’s Foreign Reserves Hits to $39billion in October– Cardoso
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, announced on Tuesday that...
Inflation Rises to 32.70% as Economic Pressures Mount
…World Bank expects high interest rates to persist Samuel Mobolaji Nigeria’s inflation surged to 32.70...
Naira Hits Record Low of N1,700/$1 in Parallel Market
Samuel Mobolaji The Nigerian naira has fallen to a new low, closing at N1,700 per...
Majority of Nigerians Demand Lower Interest Rates Amid Economic Strain
A significant 71.4% of Nigerians are advocating for a reduction in interest rates due to...
