nigeria economic challenges

  1. Obasanjo Warns Nigeria’s Growing Debt Burden Will Affect Future Generations

    Nigeria Obasanjo Warns Nigeria’s Growing Debt Burden Will Affect Future Generations

    Former Nigerian President Olusegun Obasanjo expressed concerns about the country's growing debt, describing it as a burden for current and future generations. He called for transformative leadership, anti-corruption measures, and constitutional reforms, citing South Korea and Singapore's success...
  2. Today's Naira Rate[04-09-2024]: Rising Inflation Looms as Naira Trades at Six-Month Low of N1,625.88/$1

    Nigeria Today's Naira Rate[04-09-2024]: Rising Inflation Looms as Naira Trades at Six-Month Low of N1,625.88/$1

    Nigeria's exchange rate fell to a six-month low of N1,625.88 per dollar on August 4, 2024, indicating ongoing economic challenges. The naira's depreciation coincided with rising petrol prices, contributing to inflation and tightening liquidity in the foreign exchange market, which saw a...
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