Economy
News and analysis on the Nigerian economy
Banks still dispensing old Naira notes to be sanctioned- CBN
CBN says it has supplied adequate new Naira notes to the various commercial banks.
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Africa’s GDP growth to hit 4% in 2023 – AfDB
The top five performing African countries before the COVID-19 pandemic are projected to grow by more than 5.5%.
Read moreDetailsEmefiele says CBN has waived conditions for banks to pick up new naira notes
Emefiele said the CBN waived some of the conditionality for accessing currency notes to accommodate the banks.
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Buhari has pulled Nigeria out of recession twice and set country on growth path – Zainab Ahmed
Zainab Ahmed said President Muhammadu Buhari has pulled Nigeria out of two recessions and set the country on the right...
Read moreDetailsExperts’ thoughts on raising interest rate ahead of next week’s MPC meeting
Experts have warned that pegging the interest rate above the current 16.5% may rattle the economy with serious consequences
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Why Nigeria is experiencing its worst inflation in 21 years
According to the research website, Nairalytics, Nigeria experienced its worst inflation rate in the last twenty-one years
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Nigeria’s Free Trade Zones rise to 46, attracted $30 billion in investments – Buhari
Buhari revealed there has been a geometric increase in the number of FTZs from 21 to 46.
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Former Executive Secretary of NHIS believes President Buhari’s administration is a failure
Professor Usman Yusuf, the former Executive Secretary of the NHIS said that the President Muhammadu Buhari administration has failed the...
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President Buhari set to exceed Nigeria’s 40% debt-GDP threshold
President Muhammadu Buhari wants the Nigerian Senate to convert an unpaid N22.7 trillion overdraft from the CBN to public debt
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15% of low-income countries are already in debt distress – IMF
The International Monetary Fund (IMF) has stated that about 15% of low-income countries are already in debt distress
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