Economy
News and analysis on the Nigerian economy
Nigeria’s crude oil export surges to N11.5 trillion in H1 2022
Nigeria’s crude oil export rose to a record N11.53 trillion in the first half of 2022, an 88.5% rise compared...
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Buhari launches National Council on Climate Change, to boost green economic development
President Muhammadu Buhari announced the inauguration of the National Council on Climate Change. Buhari disclosed this in a statement on...
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CBN’s September 2022 treasury bills rate jumps to 12% after MPR hiked
Nigeria’s Central Bank one-year treasury Bills rate for the month of September 2022 rose to 12%
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Bank customers to earn more as CBN increases interest on savings deposits to 4.65%
An increase in the interest rate on a savings deposit is typically expected to increase savings and serve as a...
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What Nigerians are saying about CBN interest rate hike
Apart from reining in inflation, the development is expected to increase the cost of credit
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How to make money from the CBN’s 15.5% interest rate hike
Investment opportunities in a high-interest rate environment.
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Expect further sell down of equities as CBN hikes interest rate-Operators
Market operators say the decision of the Central Bank of Nigeria to increase the interest rate by 15.5% would further...
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Nigeria’s debt to GDP ratio at 23%, below the 40% limit- DMO
Nigeria’s Debt Management Office says Nigeria’s debt to GDP ratio is 23%, which is still within the country’s self-imposed limit...
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Explained: What CBN’s 15.5% interest rate means for Nigeria’s economy
CBN's decision to raise interest rates to 15.5% could potentially alter the course of the economy.
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Emefiele tells foreign airlines: CBN not under cumpulsion to provide dollars
The Central Bank of Nigeria (CBN) has informed foreign airlines that the apex bank is not compelled by any law...
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