Tag: economic challenges

Despite concerted efforts by the Central Bank of Nigeria (CBN) to rein in inflation through significant policy adjustments, Nigeria's inflation ...

During the Central Bank of Nigeria's (CBN) 294th meeting of the Monetary Policy Committee (MPC), Governor Olayemi Cardoso emphasized the ...

Ten major consumer goods companies in Nigeria collectively suffered a staggering foreign exchange loss of N987.7 billion last year due ...

Nigerian Breweries, the country's largest beer maker, has disclosed a staggering pre-tax loss of N145.3 billion for the previous year, ...

A combination of economic and political factors has contributed to the weakening of several African currencies, including the naira in ...

The Central Bank of Nigeria (CBN) was enveloped in tension as the Naira plummeted to an unprecedented low of N1,548.63 ...

In the face of daunting economic challenges characterized by high inflation and a weakening exchange rate, Nigeria's stock market has ...

Naira has tumbled to a record-breaking low, reaching N1,410 against the US Dollar. This significant depreciation, marking a 3.29% decline ...

The European Central Bank (ECB) is expected to maintain its record-high interest rates in the face of economic challenges and ...

Nigeria's crude oil production witnessed a decline to 1.4 million barrels per day in November 2023, according to data released ...