economy

[EXPLAINER] What Trump’s second presidency means for Nigeria’s economy

ON the heels of Donald Trump's success in the just concluded US Presidential election, global geopolitics and economic alignments...

Economy on freefall, moribund refineries, other ‘grave omissions’ in Tinubu’s speech

NIGERIA'S President Bola Tinubu's nationwide broadcast on Sunday, concerning #EndbadGovernance protests on August 4, has raised further questions about...
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CBN’s Cardoso blames high interest rate on ‘excessive N27trn’ lending to FG

THE governor of the Central Bank of Nigeria (CBN), Yemi Cardoso has blamed the country’s rising high interest rates...

Economy suffering as inflation weigh down business activities to seven-month low

THERE are growing concerns as the Nigerian Purchasing Managers’ Index (PMI) dropped to 50.1 points in June, showing inflation...
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CBN regrets declining economic activities despite hiking lending rate

DESPITE increasing the lending rate to 24.75 per cent, the Central Bank of Nigeria (CBN) has admitted regrets over...

Nigerians face more hardship as Inflation rate nears 30%

NIGERIANS will face more economic hardship as the inflation rate jumps to 29.90 per cent, up from the previous...
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