Macros

January 13, 2022

The United Kingdom and South Africa led the list of source countries for Nigeria’s capital inflows between January and September...

World Bank projects Nigeria’s economy to grow by 2.4% in 2021

World Bank projects Nigeria’s economy to grow by 2.5% in 2022

by William Ukpe

January 12, 2022

The World Bank has forecasted that Nigeria’s economy is expected to grow by 2.5% in 2022 and 2.8% by 2023....

CBN reduces over-the-counter withdrawals to N100k, N500k per week for individuals, companies

Exclusives

CBN forecast GDP growth rate of 3.2% in 2022 as Emefiele presents economic outlook

January 12, 2022

The Central Bank of Nigeria is forecasting a GDP growth rate of 3.2% in 2022. This is according to CBN...

Nigeria attracts $1.73 billion capital inflows in Q3 2021, surges by 98%

January 7, 2022

Nigeria’s capital importation rose to $1.73 billion in the third quarter of 2021, which is 98% higher than $875.6 million...

Chinese debt trap, Nigerian Economy: Solution To Fixing Buharinomics

Data shows 2021 was an economic-fail for Nigeria

January 5, 2022

Nigeria's economy recovered from its economic recession in Q4 2020 following two consecutive quarters of negative movement in the country’s...

CBN says surest way to alleviate poverty is growth in employment

January 4, 2022

The Central Bank of Nigeria has stated that the surest bet to alleviating poverty is growth in employment, as Nigeria's...

Nigeria’s debt service pressure expected to persist in 2022 and beyond – Report

December 31, 2021

The Centre for the Promotion of Private Enterprises has stated that pressure from debt service is expected to persist in...

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

Nigeria spends N977 billion servicing debt in 6 months

December 30, 2021

The cost of domestic debt service of the Federal Government stood at N977.03 billion at end-June 2021, representing an increase...

Nigerians brace up for high traveling cost as inter-state bus fare rises by 18%

December 22, 2021

The cost of travelling inter-city in Nigeria has risen by 18.02% year-on-year in November 2021 to an average of N2,644....

Cost of cooking gas surges by 78% within a year