Nigeria Economy
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Economy
Yuletide: Cash Scarcity Bites Harder As Banks Ignore CBN Warning
Days after the Central Bank of Nigeria ordered Deposit Money Banks to guard against artificial cash scarcity in the country,…
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Economy
Nigeria Capital Imports Sink By 52% In Just Three Months
The National Bureau of Statistics (NBS) reports that there was a slight improvement in capital inflows through FDI, which grew…
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Economy
Report Calls for Inflation-Adjustments
A new report from Duplo, a provider of technology solutions, has highlighted the need for inflation-adjusted compensation packages and better…
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Economy
“Why Nigeria, South Africa Must Drive the Transformation of the Continent”
President Bola Tinubu has called for Nigeria-South Africa strategic partnership to become a model of leadership, economic integration and shared…
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Uncategorized
“Nigeria Experienced N6.2 Trillion Loss Due to Flexible FX Regime in 2022, Reports Cardoso”
Nigeria lost N6.2 trillion to the flexible foreign exchange (FX) rate regime in 2022 alone, this was disclosed by the…
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Uncategorized
FG Justifies Borrowing Despite Surpassing Revenue Target
The Federal Government has provided further clarification on its decision to exceed revenue targets while continuing to borrow, insisting that…
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Uncategorized
Nigerians Take Informal Jobs As GDP Defies Inflation
Notwithstanding the high inflation rate, rising interest rates and company closure, escalating energy, insecurity and several other headwinds have impacted…
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Rethink Naira Devaluation, Subsidy Removal-MBF To President Tinubu
Makurdi—The Middle Belt Forum, MBF, has urged President Bola Tinubu to rethink his economic policies, saying that the dual policies…
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MTN Nigeria Records 91% Surge In Operation Cost As Telecoms Giant Posts Major Loss After Tax
A recent analysis of MTN Nigeria’s financial statements by Fusion Chronicles Nigeria reveals a sharp rise in the company’s operational…
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