Goldman Sachs Cuts Probability of U.S. Recession, Flags Reaccelerating Inflation as Bigger Risk.
In a surprising move, Goldman Sachs has reduced the probability of a U.S. recession to just 20%. The renowned investment ...
Tag: Economic Growth
Nigeria’s Economy at Risk: UK’s Naira Deal Sparks Liability Concerns and Sky-High Interest Rates
The recent decision by Britain's export finance agency to add the Nigerian naira to its list of "pre-approved currencies" marks ...
CBN Revises Cash Reserve Ratio for Merchant Banks, Slashing it to 10%
In a move aimed at stimulating economic growth, the Central Bank of Nigeria (CBN) announced on Friday its decision to ...
Reps To Probe N14trn Revenue Loss From Alleged Abuse Of Tax Incentives, Waivers.
The Nigerian House of Representatives has announced its decision to initiate an investigation into allegations of abuse of tax incentives, ...
BDC Operators Call for Increased Participation in Nigeria’s Foreign Exchange Market.
Bureau de Change (BDC) operators in Nigeria are advocating for greater involvement in the foreign exchange market to ensure the ...
Brent Crude Surges to Nine-Week High Amid Supply Concerns and Technical Buying.
Oil prices surged to a nine-week high on Friday, climbing approximately 3% amid supply concerns and technical buying. Despite worries ...
Nigeria’s Financial and Economic Outlook for the First Half of 2023: Evaluating Key Indicators.
Nigeria has been navigating a challenging economic landscape in the first half of 2023. As the country grapples with various ...
Experts caution FG Against new borrowings, proffer alternative.
Financial experts in Nigeria have called on the federal government to explore the option of Public Private Partnership (PPP) in ...
NASME to Launch 1 Billion Naira Youth and Women Investment Fund in August.
The Nigeria Association of Small and Medium Entrepreneurs (NASME) has announced plans to introduce a one billion Naira youth and ...
Tinubu Suspends Finance Act, Customs Tariff, Telecom Tax.
President Bola Tinubu has signed three executive orders aimed at addressing concerns raised by manufacturers and other stakeholders regarding recent ...
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National Grid Collapses Again, Plunging Nigeria into Nationwide Blackout
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