Nigerian soft drinks manufacturers say FG’s new proposal could cripple industry
The soft drink manufacturers said their revenue declined by 8% between June and August 2022, as a direct implication of...
CBN to reduce the volume of N500, N1000 in circulation to curb inflation
Emefiele suggested that Nigerians should start carrying N50 around and use electronic banking for large transactions
CBN goes harder on inflation, raises MPR to 16.5%
The further tightening stance will help restore investor sentiment while curbing the rising rate of inflation.
Poorest states in Nigeria – 2022
Sokoto, Bayelsa and Jigawa States led the list of Nigerian states with the highest multi-dimensional poverty index
IMF tells CBN to end intervention funds to the private sector
The International Monetary Fund "IMF" has recommended that the central bank of Nigeria stop its intervention policies in the economy...
IMF supports CBN CRR policy, proposes higher MPR
The International Monetary Fund (IMF) says it welcomes the Nigeria's central bank's policy of tightening forex liquidity and raising the...
DMO raises N269.2 billion at interest rates above 14%
The debt instrument for November saw a total subscription of N344.01 billion as against the initial offer of N225 billion
Over 30,000 RSA holders switch pension managers in Q3 2022 as competition intensifies
The number of RSA transfers processed in Q3 2022 is the highest quarterly number recorded since the opening of the...
Cement companies report widespread foreign exchange losses
Three cement companies recorded N78.6 billion in foreign exchange losses between January and September 2022
Amid $151.3 billion public debt, here are Nigeria’s largest creditors
Nigeria owes $151.3 billion worth of public debt as of June 2022
