Economy

Economy

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Economy

Trump announces plans to impose 50% tariff on EU imports from June 1 over stalled trade negotiations

Economy

Top ten African countries with the highest interest rates – May 2025

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Economy

News and analysis on the Nigerian economy

IMF, fuel prices, IMF, GDP, electricity tariffs

Recession: Nigerian economy to slide by 3.4% in 2020 – IMF

by Chike Olisah

April 14, 2020

The International Monetary Fund (IMF) has projected that Nigeria is heading to a recession, its worst recession in three decades,...

IMF approves $1 billion for Ghana to fight COVID-19

April 14, 2020

The Executive Board of International Monetary Fund (IMF) has approved the disbursement of $1 billion to be drawn under the...

diaspora remittances, Total credit to the economy rose to N19.54trillion – CBN Governor, CRR debits, P-AADS, #EndSARS: CBN says funds in frozen accounts may be linked to terrorist activities, Covid-19: Court closures impacted revenue generation for courts - Emefiele, P&ID dispute: UK Court orders $200 million guarantee to FG, Leaked letter by Poultry Farmers Association triggered CBN emergency approval to import maize, nImplications of CBN's latest devaluation and FX unification, current account deficit, IMF, COVID-19, CBN OMO ban could give stocks a much-needed boost , CBN’s N132.56 billion T-bills auction records oversubscription by 327% , Nigeria pays $1.09 billion to service external debt in 9 months , Implications of the new CBN stance on treasury bill sale to individuals, Digital technology and blockchain altering conventional banking models - Emefiele , Increasing food prices might erase chances of CBN cutting interest rate , Customer complaint against excess/unauthorized charges hits 1, 612 - CBN , CBN moves to reduce cassava derivatives import worth $600 million , Invest in infrastructural development - CBN Governor admonishes investors , Credit to government declines, as Credit to private sector hits N25.8 trillion, CBN sets N10 billion minimum capital for Mortgage firms, CBN sets N10 billion minimum capital for Mortgage firms , Why you should be worried about the latest drop in external reserves, CBN, Alert: CBN issues N847.4 billion treasury bills for Q1 2020 , PMI: Nigeria’s manufacturing sector gains momentum in November, CBN warns high foreign credits could collapse Nigeria’s economy, predicts high poverty, MPC Member, BVN, Fitch, Foreign excchange (Forex), Overnight rates crash after CBN’s N1.4 trillion deduction, Nigeria’s foreign reserves hit $36.57 billion; Emefiele keeps his word on defending the naira, CBN to support maize farmers, projects 12.5 million metric tons in 18 months, BREAKING: CBN Upscales Greenwich Trust Limited, grants it's operational license for merchant banking, AGSMEIS: CBN expand beneficiaries to 14,638., CBN expands access to mortgage financing

CBN warns SMEs not to pay any fee to access its N50 billion stimulus package

The Central Bank of Nigeria (CBN) has warned owners of small-scale businesses and other loan seekers not to pay any...

Buhari says large proportions of new COVID-19 infections now occur in communities

President Muhammadu Buhari has raised an alarm over the large proportion of new coronavirus infections occurring in communities across Nigeria.

President Buhari, KPMG outlines the impact of a Twin Shock on Nigeria, COVID-19: FG decides as the lockdown extension drama unfolds, Buhari announces $200m intervention funds for local oil firms, disbursements for mortgages

President Buhari increases palliative interventions by 1 million households as lockdown continues

by Chidinma Nwagbara

President Muhammadu Buhari has announced the extension of palliative measures to one more million households in the coming weeks.

Military located bandits in kankara, Q1 2020 National Debt report, Buhari finally speaks on NDDC probe, urges NA to act with a sense of urgency,National Human Rights Commission,Presidency bows to pressure, agrees to demand made by EndSARS protesters, Our economy is too fragile to bear another round of lockdown-Buhari, Zarbarmari: Massacre by Boko Haram is nothing short of senseless, barbaric, gruesome and cowardly- Buhari

Politics

President Muhammadu Buhari’s full speech on extended Covid-19 lockdown

by Emmanuel Abara Benson

President Muhammadu Buhari addressed the country earlier this evening about the extended Covid-19 lockdown. Just in case you missed the...

NDDC, Cash transfer, President Buhari, non-oil Exports, oil revenue, export revenue, FG Waives import duties for medical supplies, Orders Customs to expedite clearing, Presidency faults report on Kyari as Buhari didn’t cancel memos, appointments approved by him

UPDATE: President Buhari extends lockdown in Lagos, Ogun, Abuja by 14 days

President Muhammadu Buhari has extended the lockdown on Ogun, Lagos and Federal Capital Territory by two more weeks He said...

Trump proposes $25 billion bailout for U.S. airlines, President Trump approves Oracle, Walmart deal with TikTok, US gives reasons it warned citizens against travelling to Nigeria, lists 12 high risk states, Donald Trump, What does Iran’s war with America mean for Africa?, US to stop issuing visa for Birth Tourism, Trump Travel Ban List: Why Nigeria should be excluded , US spends over $5b in health assistance to Nigeria in 20 years, gives $32.8m for covid-19, Oil Is Back, YouTube suspends President Trump's account

President Trump says oil cut will be 20 million bpd

US President Donald Trump has disclosed that the Organisation of Petroleum Exporting Countries and allies (OPEC+) is looking at 20...

June 12 public holiday, COVID-19: President imposes lockdown on three states, Africa day 2020: Buhari urges economic groups, CSOs and private sectors to drive peace for economic development

Just-in: President Buhari to address the nation

by Chike Olisah

President Muhammadu Buhari will be addressing the nation on Monday, April 13, 2020, at 7 pm.

Politics

COVID-19: FG decides as the lockdown extension drama unfolds

by Chike Olisah