Nigerian economy

Tinubu’s reforms will stabilise economy, patience urged – Air Peace CEO

Explore Nigeria’s largest markets, from Lagos to Kano, as they power trade, economy, and culture while driving growth and export opportunities

Nigerian exports are threatened by bureaucratic challenges, says Dr. Jumoke Oduwole, who plans measures to address this so as to improve competitiveness and support service exports.

Nigeria’s debt hits ₦138 trillion, sparking criticism of lawmakers for fast-tracking loan approvals without scrutiny. Experts call for accountability

Naira settles unchanged in black market, gains ₦11.77 at official forex market.

Instead, Tinubu touts Naira based crude sales as a way of reducing foreign exchange dependency.

The NLC condemns IMF and World Bank’s influence on Nigeria’s subsidy removal, calling it harmful and urging for economic autonomy

The Central Bank of Nigeria has tightened liquidity by mopping up N7.6 trillion, aiming to curb inflation and stabilize the naira, though business growth may be impacted.

Inflation is gradually easing and foreign reserves improved as the Central Bank of Nigeria (CBN) said Nigeria’s foreign reserves rose to $39.12 billion as of 11th Oct 2024, a 12.74 …

The naira has already depreciated 43 percent year to date, according to the World Bank, ranking among the worst performing currencies in Sub-Saharan Africa