Nigeria’s inflation dips to 11.22% in June
Tola Akinmutimi
13 hrs
Tola Akinmutimi The National Bureau of Statistics (NBS) on Monday reported that Nigeria’s Consumer Price Index, (CPI), which measures
’98 million Nigerians multidimensionally poor’- UNDP
Businessam StaffJuly 12, 2019
United Nations Development Programme (UNDP) says the number of Nigerians, who are multidimensionally poor has increased from 86
External debt servicing gulps $357.26m in three months
Businessam StaffJuly 12, 2019
The federal government spent a total of $357.26m in the first three months of the year to service external debt, the Debt Management
South Africa may follow Nigeria’s steps as economists predict 25bps rate cut
Adesola AfolabiJuly 11, 2019
South Africa’s apex bank may reduce interest rate by 25 basis points next week, says economists who responded to a Reuters poll.
Nigeria’s debt stock rises to N24.937trn in Q1, 2019
Tola AkinmutimiJuly 10, 2019
The Debt Management Office (DMO) on Wednedsay stated that Nigeria’s public sector debt stock rose by 2.30 percent in the
Contrast as South Africa raises rate, Nigeria retains rates
Businessam StaffNovember 22, 2018
It is a world of contrasts for Africa’s two largest economies: South Africa and Nigeria. While Nigeria’s Central Bank of
U.S. crops rot as trade war spikes storage costs
Businessam StaffNovember 22, 2018
U.S. farmers are contending with the problem of where to put the mountain of grains they cannot sell to Chinese buyers. Their post
$5.72bn Mambilla Power loan talks with Chinese government making progress, says Nigeria power minister
Nse Anthony-UkoNovember 13, 2018
The Nigerian government said talks are now at advance stage with the Chinese government to secure $5.72 billion to finance Mambilla
Fiscal crisis ahead in states over N30,000
Moses ObajemuNovember 12, 2018
The jury is fully out on Nigeria sub-nationals, the ever queuing lot from 36 states and the Federal Capital Territory who gather every
Union Bank to intensify interventions in Nigeria’s educational infrastructure
Businessam StaffOctober 23, 2018
Union Bank of Nigeria plc, one of the country’s oldest financial institutions, said on Tuesday that it would intensify its