By FDC Analysts The NBS released the CPI report for March on Saturday (April 15) as scheduled. Contrary to our projection, headline inflation sustained its upward...
The gap between the Nigerian naira exchange rates at the investors, exporters’ window and parallel market printed lower at N278 per United States (US) dollar. Creating...
The International Monetary Fund (IMF) says global growth will bottom out at 2.8 per cent in 2023 before rising modestly to 3.0 per cent in 2024....
Tentative signs in early 2023 that the world economy could achieve a soft landing, with inflation coming down and growth steady, have receded amid stubbornly high...
By Rosemary Iwuala David Malpass, The World Bank Group President, says global growth is expected to be weak in 2023, slowing to two per cent from...
Ahead of planned fuel subsidy removal by June 2023, the World Bank has granted the Nigerian government $800 million to put up a comprehensive palliative scheme...
By Sandra Orim The International Monetary Fund (IMF) Executive Board has approved a two-year arrangement for Morocco under its Flexible Credit Line (FCL) in an amount...
Oil prices rose on Monday following fresh worries about supply, with Brent crude futures growing by $3.13 or 4.2 per cent to $78.12 a barrel, while...
The Federal Government has lifted the compulsory 2.5% mortgage deduction from the monthly salaries of private sector employees for the National Housing Fund (NHF). This, according...
By Rashi Gupta, Group Chief Operating Officer at MFS Africa The success of mobile money in Africa is well known. If you’ve paid any attention to...
Rosemary Iwuala Announces New Collaboration with ITFC African Export-Import Bank (Afreximbank) has announced the enhancement of the financing facility provided to Fidelity Bank plc, under the...
Nigerian Exchange Limited (NGX) continues to build on its advocacy of inculcating a culture of saving and investing in young Nigerians as it celebrates the 2023...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) by 50 basis points to 18 per...
By Kingsley Moghalu The terrible suffering & economic loss Nigerians and Nigeria have experienced as a result of the faulty IMPLEMENTATION of the Central Bank of...
By FBNQuest According to the DMO’s recent publication on external debt service cost for 9M ’22, the FGN’s external debt service payments for Q3 ’22 amounted...
Currency in Circulation in Nigeria has dipped by a 72.19% to N982.09 billion at the end of February from N3.29 trillion at the end of October...
The Federal Government has raked in N10.1 trillion from the collection of Value Added Tax under the regime of the President Muhammadu Buhari. This comes against...
Prominent economic experts in Nigeria have cautioned the federal government against raising the value added tax (VAT) from 7.5 per cent to 10 per cent by...
By Christy Animam TLG Capital, a pan-African alternative investments firm, announced today that it has partnered with OnePipe to provide credit services to the informal sector...
The consumer price index (CPI), which measures the rate of change in prices of goods and services in the country, rose to 21.91% in February 2023,...