EIU Predicts Significant Depreciation of Naira and Other African Currencies in 2024
In a recent report titled "Strong Growth Amid Heated Elections and Financial Woes," the Economic Intelligence Unit (EIU) has forecasted...
World Bank To Allocate $5.6 Million to Nigeria Ministry of Finance
In a recent development, the Home Finance Department of Nigeria's Ministry of Finance, Budget, and National Planning has received a...
Naira Depreciates Further as CBN Lifts Crypto Ban
The naira experienced a significant dip, closing at N885.88 per dollar on December 22, 2023, marking a N23.97 depreciation from...
Nigeria’s FX Unification: N1.36 Trillion Revenue Surge in 6 Months
In a significant economic development, the unification of Nigeria's exchange rate has led to a substantial increase in revenue from...
EX CBN Governor Godwin Emefiele Regains Freedom, Pays N300 Million Bail Fee
Godwin Emefiele, the former Governor of the Central Bank of Nigeria (CBN), has been released from the Kuje Correctional Centre...
Airtel Africa and MTN Nigeria Market Caps Hits N394 Billion Amid Santa Claus Rally
The Nigerian Exchange Limited witnessed a surge in positive sentiment as the 'Santa Claus Rally' continued to cast its festive...
EX CBN Governor Godwin Emefiele Allegedly Operated 593 Illegal Bank Accounts.
In a shocking revelation, it has been alleged that former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, operated a...
Naira Weakens Against Dollar Following 5-Day Rally as CBN Addresses Cash Scarcity
After enjoying a five-day surge, the Nigerian naira faced a setback on Thursday, December 21, 2023, depreciating against the US...
Nigeria Labor Force Report Reveals 88% of Workers Are Self-Employed
In a recent report released by the National Bureau of Statistics (NBS) titled 'Nigeria Labour Force Statistics Report Q2 2023,'...
Nigeria’s 2023 Economic Landscape and Strategies for 2024
In a comprehensive assessment, distinguished economist Akudike Ifeanyi Stephen dives into the economic dynamics that shaped Nigeria in 2023 and...
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