Economy

Latest Economy News

Nigeria’s equities market to remain positive in 2022, say analysts

Parthian Securities’ analysts have predicted that the Nigerian equities market will remain

Agency Report Agency Report

World Bank to review poverty index over inflation, others

The World Bank plans to revise the global poverty line from $1.90

Agency Report Agency Report

External reserves fall by $196m in eight days

Nigeria’s external reserves fell slightly by $196m in eight days to $39.62bn

Agency Report Agency Report

Subsidy deductions hit states hard, govs owe salaries

State workers and pensioners on Sunday lamented they were carrying the burden

Agency Report Agency Report

Nigeria’s inflation may worsen to 16.1% in 2022 – IMF

The International Monetary Fund has projected that Nigeria’s Consumer Price Index will

Agency Report Agency Report

UK FDI deals to yield $300m for Nigeria

The United Kingdom and Nigeria on Tuesday held trade and investment talks

Agency Report Agency Report

Manufacturers borrow N1.03tn from banks, debts hit N4.2tn

Operators in the nation’s manufacturing sector saw their combined debt to Nigerian

Agency Report Agency Report

AfDB predicts energy, food price hikes in Nigeria, others

The President, of the African Development Bank Group, Dr Akinwumi Adesina, has

Agency Report Agency Report

Investment in agric, oil sectors’ll boost economic growth –Dangote

The President of Dangote Group, Aliko Dangote, has said that investment in

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Debt servicing: Nigeria paid $598.59m to World Bank, China in 2021 – Report

Nigeria spent $598.59m on servicing the debts owed to the World Bank

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High food prices’ll continue in Nigeria, others till 2023 –IMF

The International Monetary Fund says the impact of the war in Ukraine

Agency Report Agency Report

External reserves return to growth path, gain $243.83m

Nigeria’s external reserves rose by $243.83m in 19 days, according to figures

Agency Report Agency Report