Headline inflation surged 17.33% y/y in February 2021 from 16.47%; highest in 4 years
Charles Abuede
March 16, 2021
Charles Abuede Recent inflation numbers published by the National Bureau of Statistics (NBS) has revealed that Nigeria’s headline
Analysis: Fitch’s Nigeria stable outlook rating: Glimmer of Hope?
Charles Abuede
October 6, 2020
Charles Abuede Nigeria’s Long-Term Foreign-Currency Issuer Default Rating (IDR) downgraded to ‘B’ from ‘B+ Rating principally
After the commissioning and handing over of the AfCFTA office by the president of Ghana to the AU, what next for Nigeria and West Africa?
Aderemi Ojekunle
August 27, 2020
Charles Abuede Africa, a continent of 55 countries that can boast of over $2.6 trillion in combined GDP, and having 54
Nigeria’s oil, gas exports to fall by $26.5bn -IMF
Businessam Staff
May 1, 2020
imf The International Monetary Fund has said Nigeria’s oil and gas exports are expected to fall by at least $26.5bn this year as a
Breaking news: Lagos pipeline explosion kills 5, destroys properties worth billions of naira
Kenneth Afor
March 15, 2020
Kenneth Afor A petroleum pipeline explosion at a residential area in Ado-Soba area of Amuwo- Odofin, along Lagos-Badagry Expressway,
Naira devaluation likely soon due to oil price slump – Survey
Businessam Staff
March 13, 2020
The Nigerian central bank will be unable to maintain the naira’s value for much longer as a slump in oil prices drains foreign
FG releases N285bn for capital projects
Businessam Staff
March 13, 2020
The federal government has released N285billion for capital projects from the 2020 budget. Zainab Ahmed, the minister of finance,
Coronavirus will put severe strain on Nigeria’s budget – Finance minister
Businessam Staff
March 11, 2020
Zainab Ahmed, the minister of finance, budget, and national planning, has said the novel Coronavirus, which had led to a huge drop in
Buhari moves to remove Customs, other security agency heads over 295 tankers of smuggled fuel
Samson Echenim
March 1, 2020
By Samson Echenim President Muhammadu Buhari will removed heads of border Customs commands and other security agency heads involved in
BREAKING: Nigeria records first case of Coronavirus
Samson Echenim
February 28, 2020
By Samson Echenim The first case of Coronavirus in Nigeria has been confirmed in the country’s business capital, Lagos. Osagie