Category: Economy

Lagos to promote inter-African business through trade fair

The Vice President & Chairman, Trade Promotion Board, Lagos Chamber of Commerce and Industry, Leye...

Homebuyers feel inflation squeeze amid recession fears

While the housing market continues to get battered by rising interest rates and sky-high prices,...

Debt servicing doubles, hits N896bn in three months – DMO report

Nigeria’s debt-servicing bill has increased by 109 per cent to N896.56bn, according to data obtained...

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...