By FBNQuest Research Last week, the Debt Management Office (DMO) published Nigeria’s total public debt portfolio figures. Based on the report, Nigeria’s debt climbed to N38.0trn...
Analysts at CSL Research have attributed the expansion in private sector credit in recent months to the Central Bank of Nigeria (CBN)’s efforts to revive the...
Nigeria spent N2.49tn on debt servicing payments in the first nine months of 2021, data obtained from the Debt Management Office (DMO) have shown. Between January...
The World Bank announced on Wednesday a $93 billion replenishment package of the International Development Association to help 74 low-income countries respond to the COVID-19 crisis...
The Consumer Price Index (CPI) which measures inflation dropped to 15.40 per cent (year-on-year) in November compared to 15.99 per cent in the preceding month, the...
Farmers receive N91.87bn; repay only N14.68bn House worries over loan usage CBN to arrest farmers Farmers blame insecurity; ask for repayment extension The fear of...
Nigeria’s development finance institution, Development Bank of Nigeria Plc (DBN), has said more business owners will get loans as it is addressing major financing challenges facing...
The cost of Premium Motor Spirit (PMS), also known as petrol, imported into Nigeria from January to September this year surged by 55.56 per cent to...
Nigeria’s total merchandise trade rose to N13.3 trillion in Quarter Three of 2021, representing 10.43 per cent increase over N12.02 trillion recorded in Quarter Two, Mr...
As cross-border investments across Africa dwindled significantly in 2020, Nigeria’s communications sector attracted foreign direct investment worth $2.5 billion. The Ernst and Young revealed in its...
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said the project aimed at revamping the National Arts Theatre is costing the Bankers’...
Concerned by dwindling inflow of foreign direct investment (FDI) in Nigeria, the Association of Investment Advisers and Portfolio Managers (IAPM) has renewed commitments to entice Nigeria...
CBN bets on $41.4bn reserves for imports, foreign investments attraction Godwin Emefiele, governor of the Central Bank of Nigeria (CBN) has expressed confidence in the country’s...
AfDB approves $35 million facility for Ecobank International affiliates The Board of Directors of the African Development Bank (AfDB) has approved a $35 million unfunded risk-sharing...
Creates awareness of its export drive. First Bank of Nigeria Limited has announced the convening of its non-oil export webinar series. According to the Nigeria’s...
The association of Sustainability Professionals of Nigeria (ASPN) is set to host a virtual seminar to promote inclusive and sustainable economic development in Nigeria in line...
By Afrinvest Research Global Macroeconomic Review & Outlook Recovery Weakens amid Resurging COVID-19 Cases The International Monetary Fund (IMF) in its January 2020 World Economic Outlook...
The third day of the Intra-African Trade Fair 2021 (IATF2021) ended with a clarion call by former Nigerian President Olusegun Obasanjo for the creation of an...
For the third consecutive week, Nigeria’s FX reserves nosedived by losing $102.58 million to close last week at $41.41 billion. According to experts, the sustained downtrend...
President of the African Import Export Bank (Afreximbank), Prof. Benedict Oramah, has said Africa’s creative industry is a potent instrument that could grow the Gross Domestic...