Amidst economic uncertainties, the Nigerian currency faces a significant setback with the US dollar soaring to N1,355 at the black market.
Despite recent efforts to stabilize the exchange rate, including a $2.25 billion support from
AfreximBank, the naira's value continues to decline.
In...
As economic turmoil intensifies, the National Bureau of Statistics (NBS) released its December 2023 Consumer Price Index (CPI) on Monday afternoon, revealing a shocking surge in Nigeria's inflation rate to 28.9%.
In comparison to November 2023's 28.20%, this new figure represents a significant...
In recent weeks, a perplexing cash shortage has gripped parts of Ikeja, Nigeria, casting a spotlight on the nation's financial landscape. Stretching from Computer Village to Oregun, the scarcity of cash has become evident, with only a few ATMs dispensing cash, imposing withdrawal limits, and...
*Nigeria struggling to raise its economy due to insecurity and a fall in the price of a barrel of oil is.
With public debt already estimated at over $67 billion at the end of 2018, Nigeria’s growth slowed in the first quarter of this year to 2.01% compared to …
Read more via Africanews –...
The Catholic Bishop of Sokoto, Most Rev. Matthew Hassan Kukah, yesterday blamed the multinational corporations, IOCs, colonialism as well as greed emanating from oil discovery for the debilitating state of the country’s economy and current crisis across its regions....
Read more via Vanguard...
mrsam
Thread
multinational corporations
naija news today 180818
nigeriaeconomynigeria metro news
rev. matthew hassan kukah news
sokoto state news
vanguard nigeria newspaper
Nigeria’s economy is far more fragile today and economic growth severely constrained leading business managers and investors were told in Lagos yesterday.
Africa’s largest economy existed a devastating economic recession last year but growth data have been unimpressive and with elections...
2019 elections
africa largest economy
bismarck rewane
businessday news
dr doyin salami
lagos state
nigeria business news
nigeriaeconomynigeria news today 060618
Mr Ahmed Kuru, the Managing Director, Asset Management Corporation of Nigeria (AMCON) on Friday said the corporation recovered N740 billion from debtors in 2017.
Kuru stated this at a news conference on ‘Debt Recovery, Nigeria Economy and the Corporation’ …
Read more via PM NEWS Nigeria –...
Minister of Finance, Dr Ngozi Okonjo-Iweala, on Friday said part of what the Goodluck Jonathan administration did to improve the Nigerian economy was target setting.
She said this while calling for a massive education of insurance policy makers in the country to achieve deep insurance...
abuja
dr. ngozi okonjo-iweala
former minister of finance
former president goodluck jonathan
insurance policy makers
naijabizcom news
nigeriaeconomynigeria news today 310518
nigeria political news
FSDH Merchant Bank has estimated that Nigeria’s economy, measured by the Gross Domestic Product (GDP), grew by 3.55 percent in the first quarter of 2018 (Q1’18) from 1.92 percent in Q4’17.
Speaking at a media briefing on the May 2018 edition of its monthly economic …
Read more via Vanguard...
The Governor of Oyo State, Abiola Ajimobi, has stated that no Nigerian President has ever managed the country’s economy like President Muhammadu Buhari has.
Therefore, he urged the President not to be bothered by frequent criticism from Nigerians, saying even Jesus Christ and Prophet …...
World Bank: Nigeria to grow by 2.5% in 2018 — 9th January 2018 (NAN) The World Bank forecasts that economic growth in Nigeria would edge up to at least 2.5 percent in 2018, as the country benefits from improved commodity …
via The Sun News – http://ift.tt/2CKq6PQ
Get more: Nigeria Business...
Chieftain of All Progressive Congress (APC), Asiwaju Bola Tinubu has said economic restructuring will require a change in economic mindset and strategy.
He made this known on Wednesday at the National Defence College (NDC) Abuja, in his paper presentation to Course Participants titled...
ProfRem
Thread
abuja news
bola tinubu
bola tinubu's take on buhari's economic policy
nigeriaeconomynigeria news
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.