Category: Economy

43% homeowners delayed improvements due to inflation – Report

Sixty per cent of homeowners, in a recent survey, said they were less comfortable making...

Inflation to push 15 million Nigerians into poverty –World Bank

The World Bank has said that inflation shock is projected to push about 15 million...

CBN’s intervention funds fuelling inflation, World Bank warns

The World Bank has said the Central Bank of Nigeria’s development finance intervention is fuelling...

High inflation, fiscal deficit to persist in Nigeria -IMF

The International Monetary Fund has said that the rate of inflation in Nigeria is expected...

High taxes weaken consumer spending, experts tell FG

Economists have warned that high tax burden on Nigerians will shrink consumer wallets and exacerbate...

Nigeria’s worsening insecurity worries IMF

The International Monetary Fund has expressed concern over the heightened level of insecurity in Nigeria,...

Fuel subsidy affecting Nigeria’s debt serving – Minister

The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed had expressed worry over...

FG gains N19.2bn from gold, others in Q1 – NBS

The National Bureau of Statistics had shown that the Federal Government had gained N19.2bn in...

Nigeria’s debt hit $3.67bn, China imports rise by 183.91%

Nigeria’s imports from China rose by 183.91 percent from N530.98bn in the first quarter of...

Inflation, others threaten Buhari’s poverty reduction scheme –World Bank economists

World Bank economists, Jonathan Lain and Jakob Engel, have said that rising inflation, persistent population...

Debt servicing draws Nigeria closer to Lebanon crisis

Nigeria is edging closer to a Lebanon financial crisis that has caused the country to...

Power gulps 40% of our production costs – Manufacturers

The Chairman, Board of Directors, Manufacturers Power Development Company, Ibrahim Usman, speaks on how unstable...