Latest Economy News
Utomi blames CBN’s ‘missteps’ for tumbling value of naira
A political economist, Prof Pat Utomi, has argued that the “missteps”…
$40bn demand for foreign education, medicals more than total reserves – CBN
The Central Bank of Nigeria (CBN) has said the $40 billion…
Kano Gov Yusuf reveals plan to meet Tinubu over economic hardship
The Kano State governor, Abba Yusuf, said on Monday that he…
S&P Global affirms Nigeria’s credit outlook remains stable at ‘B-/B’
S&P, a global credit ratings agency, at the weekend affirmed that…
$2.4bn out of $7bn FX backlog invalid, $2.3bn paid – Cardoso
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso has assured…
Tinubu, Nigeria is sinking and streets are full of tears, by Farooq Kperogi
The searing torment that everyday folks are going through in Nigeria…
Senate summons CBN governor on free fall of naira
The Senate, on Wednesday, through its Committee on Banking, Insurance and…
IMF downgrades Nigeria’s 2024 economic growth forecast to 3%
The International Monetary Fund (IMF) has downgraded its forecast for Nigeria’s 2024…
CBN moves to ‘disengage’ MPC members appointed by Buhari, Emefiele
Ahead of its maiden Monetary Policy Committee (MPC) meeting since last…
Naira is undervalued, inflation expected to decline to 21% in 2024 – Cardoso
Access Bank plc Olayemi Cardoso, governor of the Central Bank of Nigeria…
