Central Bank of Nigeria raises monetary policy rate to 14%
In the recently concluded Monetary Policy Committee meeting for July 2022, the Central Bank of Nigeria raised MPR to 14%.
African countries and their inflation rates in 2022
The world is currently battling with high inflation rate with countries on the African continent printing record high inflation rate...
Top 10 banks in Nigeria with highest account maintenance revenue in Q1 2022
Banks listed on the floor of the Nigerian Exchange scooped a total of N36.04 billion from account maintenance charges in...
Nigeria’s inflation rate hits a 65-month high of 18.6% in June 2022
Nigeria’s inflation rate in the month of June 2022, surged further to 18.6% compared to 17.71% recorded in the previous...
Nigerian states pay N21.62 billion as external debt deductions in Q1 2022
The thirty-six (36) states of the federation parted with a sum of N21.62 billion as external debt deductions in the...
World Bank lists Nigeria among top 10 countries with worst inflation rate in 2021
The World Bank has listed Nigeria amongst the top 10 countries in the world with the worst inflation rate, based...
Central Bank of Nigeria has stopped publishing data that is used for predicting recession
Economists and analysts looking to assess the state of the Nigerian economy are struggling to rely on data to predict...
Foreign direct investment in Nigeria rises to $223.3 million in the first five months of 2022
Nigeria attracted a sum of $223.3 million as foreign direct investments (FDI) in the first five months of 2022...
Highest paid MD/CEOs in Nigeria in 2021
The MD/CEOs of the top 37 companies on the NGX earned about N5.51 billion in salaries in 2021 compared to...
British International Investment launches $25 million funding to grow SMEs in Africa
British International Investment (BII) and INOKS Capital have announced the launch of a $25 million trade access program...
