Nigeria’s import expenditure on armoured vehicles has significantly surpassed that on fuel in the final quarter of 2023, according to...
Read moreDriven by exchange rate depreciation Nigeria's import bill surged by an astonishing 66.8% in the fourth quarter of 2023, reaching...
Read moreData from the National Bureau of Statistics reveals that Nigeria spent a staggering N3.5 trillion on fuel imports in the...
Read moreEgypt has successfully negotiated an expansion of its International Monetary Fund's (IMF) bailout package to $8 billion, following the government's...
Read moreFitch Ratings Inc. has underscored the necessity for Nigeria to adopt more stringent monetary tightening measures to secure macroeconomic stability.
Read moreEgypt announced on Friday a monumental $35 billion investment deal with the United Arab Emirates (UAE) to develop the Ras...
Read moreHe said this while speaking to investors on the company’s financial resulted where he stated that despite the ugly macroeconomic...
Read moreThe International Monetary Fund (IMF) has urged the federal government to fully eliminate subsidies for fuel and electricity, highlighting that...
Read moreIn a concerning forecast by the International Monetary Fund (IMF), Nigeria's foreign reserve is expected to see a significant reduction,...
Read moreNigeria’s broad money supply increased to N78.74 trillion as of December 2023, the highest ever recorded in the country. This...
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