The International Monetary Fund has advised Sub-Saharan African countries to seek currency adjustments (devaluation) due to the realities of rising...
Read moreNigeria’s Central Bank Governor, Godwin Emefiele has advised the government to focus on raising revenue if they are to continue...
Read moreThe International Monetary Fund (IMF) has revealed that Africa is facing a big funding squeeze that could hamper economic growth...
Read moreFood, drinks, house rent, water, and electricity drive Nigeria’s headline inflation rate to a near 18-year high of 22.04% in...
Read moreUnemployment rate is estimated to top 40.6% in 2023 in Nigeria from 37.7% in the previous year and is expected...
Read moreCitiBank Nigeria Limited was the top preferred bank for foreign investment inflow into Nigeria in 2022, increasing its capital importation...
Read moreNigeria's total indebtedness to the World Bank rose to $13.9 billion as of December 2022, an increase of $1.5 billion...
Read moreNigeria recorded a combined trade deficit of N18.3 trillion with China in the last five years, equivalent to a staggering...
Read moreNigeria has been ranked 114th in the world, out of 140 countries, and 14th among African countries in the GCI...
Read moreNigeria’s gross external reserve has fallen to $35.74 billion dollars as of March 24, 2023. This is the lowest balance...
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