Nigeria should prepare for possible turbulence- IMF
Nigeria and other emerging economies with high foreign currency borrowings and external funding should prepare for possible turbulence, according to ...
Tag: Nigerian Economy
IMF reduces global growth in 2022 to 4.4%, Nigeria to grow by 2.7%
The International Monetary Fund, IMF, forecast that Nigeria’s economy is expected to grow by 2.7% in 2022 and also grow ...
Financial services sector grows by N44.2 trillion in 3 years
A recent report by the National Development Plan (NDP) has shown that the financial sector added a total of N44.2 ...
CITN says eNaira would reduce tax evasion
The Chartered Institute of Taxation of Nigeria has projected that the introduction of the eNaira into the Nigerian economy will ...
International investors still have faith in Nigeria’s economy – DMO
The recent activities in the debt market have shown that Nigeria still has room for further borrowing as international investors ...
Nigeria generates N864.7 billion corporate tax in H1 2021, achieves 58% of projected revenue
The Nigerian government through the Federal Inland Revenue Service (FIRS) generated the sum of N864.72 billion as company income taxes ...
Foreign direct investment into Nigeria slumps to its lowest in 11 years
Nigeria received a sum of $875.62 million foreign inflows in Q2 2021, representing a significant year-on-year decline.
Nigeria’s foreign reserve plunges by $2.1 billion in 6 months, falls to 3-year low
Nigeria's foreign reserve dipped 5.3% year to date, to stand at its lowest level since October 2017.
Diversification: Dangote refinery may be Nigeria’s most impactful in the short term
Despite the existence of four refineries, a working Dangote Refinery may be Nigeria’s most impactful diversification.
Prices of tomatoes, onions, pepper, others spikes across markets in Lagos
The latest food price survey reveals that major food items skyrocketed in Lagos State markets in June 2021 .
