Economy
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CSO Warns of Poverty Risk as Nigeria’s Debt Profile Soars
The African Network for Environment and Economic Justice, a civil society organisation, has expressed concern that Nigeria’s increasing debt burden…
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Devaluation Fallout: Pension Funds Experience 45% Plunge in Dollar Value
In a significant financial setback, pension funds have experienced a sharp decline of 45.18% when evaluated in dollars, attributed to…
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Naira Plummets to Record Low Again, Hits N1,000/$ in Official Market
In spite of recent initiatives by the Central Bank of Nigeria to fortify the foreign exchange market, the naira concluded…
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CBN Audit Report Set for Imminent Release, Federal Government Prepares for Public Exposure
On Monday, the Federal Government acknowledged that the majority of Nigeria’s issues were the result of poor leadership on the…
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Nigeria’s Debts Profile Grows as World Bank Approves Another $700 Million Loan
Nigeria’s debt profile has further grown as the World Bank again approved additional $700 million loan for the President Bola…
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Historic Milestone: Naira-Dollar Exchange Rate Surpasses ₦1000 Mark for the First Time Since Independence
Depreciation of Nigerian currency hits all time low on Thursday since October 1960 when the country got Independence. As the…
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Nigeria’s Inflation Soars to 25.80%, National Debt Surges to N87.38 Trillion in Q2
Nigeria’s inflation rate has soared to 25.80 per cent and the national debt surged to N87.38 trillion in the second…
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