Economy
Fed Drives Global Push To Cut Rates Despite Questions Over 2025
With the last traces of the global inflation shock fading, the shift towards lower borrowing costs is about...
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World Bank Approves Fresh $ 1.57bn Support Fund For Nigeria
The World Bank has approved three operations for a total of $1.57bn to support the Federal Government in...
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’Respite’ As US Fed Rate Cut May Provide ‘Warchest’ For Cardoso’s CBN
*Hope Rises On Economy The United States Federal Reserve on Wednesday slashed interest rates by a half...
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Tinubu Expresses Confidence In Reforms As Trade Surplus Hits N6.95tn
*Analysts Call For Removal Of Internal Contractions Within Economy Nigeria's President Bola Tinubu has welcomed the National Bureau...
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Forex Reserves Dip $505.68m In August, Focus Now On $500m Domestic Dollar Bond
Nigeria’s foreign exchange (FX) reserves have dipped by about $505.68 million (1.37%) in August 2024, according to the...
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Nigeria, Egypt Top Beneficiaries As China’s Lending To Africa Rises For First Time In Seven Years
Chinese lenders approved loans worth $4.61 billion to Africa last year, marking the first annual increase since 2016, an...
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Nigerians Expect Currency Swap Deal, $70m Dispute Resolution As Tinubu Visits China
President Bola Tinubu is expected to be in China from September 4 to 6, representing the fifteen West...
Read moreDetailsAmid GDP Growth, Nigerians Groan In Frustration As High Cost Of Food Items, Fuel Queues Persist.
*US Releases Own Thursday *Okonjo-Iweala Laments Declining Well-being Of Nigerians, Says ...
Read moreDetailsCBN Reports High Remittance Inflows Of $553m For July 2024
The Central Bank of Nigeria (CBN) has reported a significant increase in remittance inflows, reaching $553m in July...
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Nigerian Government Targets $500m As Subscription For Five-Year 9.75% Domestic Dollar Bond Opens
The Federal Government of Nigeria is targeting an initial tranche of $500 million through its domestic dollar bond at...
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