Latest Economy News
Nigeria Clears $7bn Forex Backlog, Boosting Investor Confidence
The Central Bank of Nigeria (CBN) has announced that it has cleared…
Cardoso: Inflation Could Have Hit 42.81% Without CBN Policy Interventions
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has…
2025 Budget: FG Secures N669.94 Billion in January Bond Auction
The Nigerian government has successfully raised a substantial N669.94 billion from its…
Nigeria’s Debt: DMO Insists Actual Figure is N87.38 Trillion
The Debt Management Office (DMO) has issued a strong rebuttal against recent…
Nigerian Insurance Sector Shows Resilience, Assets Surge 5.1% in Q3 2024
The Nigerian insurance sector demonstrated remarkable resilience in the face of macroeconomic…
NESG Predicts Inflation Decline, Naira to Stabilise at N1,300/$ in 2025
The Nigerian Economic Summit Group (NESG) Economic Outlook 2025 has offered a…
Nigeria Faces Foreign Investment Drought Amidst Negative Real Interest Rates
Negative real interest rates, a situation where inflation outpaces interest rates, effectively…
Nigeria Unlikely to Seek IMF Loan, Finance Minister Assures
Nigerian Finance Minister Wale Edun has made it clear that he will…
