Economics

The US dollar has been on the rise since the beginning of the year 2022, appreciating by about 11 percent...

Nigeria’s gross foreign reserve over the last few months has hovered around the $38 billion/$39 billion corridor. Despite the rising...

The Nigerian Economic Summit Group (NEGS) has highlighted that the multiple exchange rates in Nigeria continue to erode the much-needed...

As disclosed at the Inaugural Board and Management Retreat of the Federal Mortgage Bank of Nigeria in Abuja on Monday,...

The Central Bank of Nigeria (CBN) has reaffirmed its commitment to resolving the Foreign exchange crises currently seen in Nigeria....

As the Naira trades in the N710/$1 range on the black market, it's easy to forget that the Naira was...

The International Monetary Fund (IMF) has projected an intensified global economic slowdown in 2022 (3.2 percent) and 2023 (2.9 percent)...

Despite the adverse macroeconomic environment, the International Monetary Fund (IMF) has retained Nigeria’s 2022 economic growth projection at 3.4 percent....

Nigeria’s growing fiscal expenditure on petrol subsidy could mount up to nearly 70 percent of the country’s 2022 budget to...

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), in its 286th meeting which was held on...