News and analysis on the Nigerian economy
Tinubu seeks Senate approval for $20.52 billion, €1.05 billion external borrowing plan
Nigeria’s remittance inflows hit $1.57 billion, May and June fuel record surge
IMF blames over-optimistic tax estimates, weak implementation for revenue shortfalls
Macron, Tinubu agree to postpone French President’s state visit to Nigeria until 2027
CBN bills surge to N5.6 trillion, drive 74% of money supply increase in September
Credit to government jumps 63% to N39.4 trillion as private-sector credit slips
CBN reset rates by 350bps, yet market is still offering banks yields above 17%
NEC approves 90-day plan to cut food costs, ease Nigeria’s cost-of-living crisis
BOI targets 3 million jobs, N1.85 trillion annual lending by 2027
Credit to private sector falls by N537.6 billion in September despite annual growth
Nigeria’s money supply swells by N7.5 trillion in one month, hits N146.6 trillion