There is need to financially empower the poorest of Nigerians, says Osinbajo
There is need to financially empower the poorest of Nigerians, says Osinbajo Nigeria is well on course to effectively tackle the issues of poverty and unemployment through its micro-economic…
‘Nigeria’s oil-led recovery supports modest improvement in debt issuers’ credit profiles’
‘Nigeria's oil-led recovery supports modest improvement in debt issuers' credit profiles’ Although Nigeria's (B2 stable) oil-driven economic recovery will support credit profiles across various sectors, the impact will be…
IMF urges Nigeria to expand tax base, streamline currency policy
IMF urges Nigeria to expand tax base, streamline currency policy Nigeria should widen its tax revenue base to finance growth-enhancing upgrades to the nation’s infrastructure and social programs, said…
IMF warns of rising African debt despite faster economic growth
IMF warns of rising African debt despite faster economic growth Sub-Saharan African nations are at growing risk of debt distress because of heavy borrowing and gaping deficits, despite an…
Nigeria, China Sign $2.5bn currency swap agreement
Nigeria, China Sign $ currency swap agreement The Central Bank of Nigeria (CBN) has announced the execution of a $ bilateral currency swap agreement with the Peoples Bank of China…
CBN injected $210 million into currency market
CBN injected $210 million into currency market Nigeria’s central bank said on Tuesday it had injected $210 million into the interbank foreign exchange market, extending efforts to improve liquidity…
Nigeria’s external reserves hit $47.93bn
Nigeria’s external reserves hit $ Nigeria’s Minister of Finance, Mrs. Kemi Adeosun and the Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, explained on Sunday that the…
Nigeria loses N2.5bn yearly to gas flaring, BudgIT decries lack of political will to establish control measures
Nigeria loses yearly to gas flaring, BudgIT decries lack of political will to establish control measures BudgIT advises the Nigerian government against the effects of gas flaring, which continues…
Fitch says Nigeria faces higher debt service cost on $2.5b Eurobond
Fitch says Nigeria faces higher debt service cost on $ Eurobond Nigeria’s issuance of $ billion Eurobond in the first quarter of this year is expected to raise the…
MPC urges FG to limit domestic borrowing, holds key rates unchanged
MPC urges FG to limit domestic borrowing, holds key rates unchanged As inflationary pressures in the economy continued to moderate with headline inflation, the Monetary Policy Committee (MPC) of…