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Finance & Economy
Headline Inflation Increases by 21.82% YoY in January 2023 as Food Inflation Rises by 24.32%
All Items Index In January 2023, the headline inflation rate rose to 21.82% compared to December 2022 headline inflation rate…
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News
Oil Prices Won’t Hit $100 Until December —-Goldman Sachs
Goldman Sachs still expects Brent Crude prices to hit $100 per barrel this year, but only in December, compared to…
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News
Investors Gain N71.7bn as NGXASI Advances Further by 0.24%
1. EQUITIES MARKET 1.1 NGX – Listed Equities Nigerian Equities Market closed positive as the key market indicator advanced by 131.64 bps…
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Finance & Economy
Nigeria Hits a Brick Wall – LBS Executive
Constructive Chaos or Creative Tension The FGN, with the best intentions, decided to redesign the naira at the most inauspicious…
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Finance & Economy
Nigeria’s Economic Challenges Highlight Importance of Post-Election Policies
Nigeria faces major economic challenges ahead of elections due on 25 February and policy choices by the incoming administration could…
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Finance & Economy
FG Project Debt servicing to Revenue to drop to 82% in 2023.
The Federal Government has projected to spend 82% of its revenue on interest payments in 2023. The projections suggest an…
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Finance & Economy
Domestic Investors Outpace Foreign Investors in the Nigeria Equity Market
In 2022, the Nigeria equity market had a positive closure, gaining N5.62 trillion in market capitalization, and the NGX benchmark…
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Finance & Economy
CBN Keeps Mum After Supreme Court Ruling
Despite the February 8, Supreme Court ruling suspending the deadline for the swap of the old Naira bank notes as…
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News
Nigeria’s Oil Output Rebound Remain in Doubt 
Nigeria’s ability to reach its estimated 2023 budgeted oil output of 1.69 million barrels per day (mb/d) and its 1.8mb/d…
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News
President Buhari Tells Nigeria’s Central Bank to Allocate More Dollars to Emirates
Nigerian President Muhammadu Buhari has directed the central bank to increase the amount of foreign currency allocated to Dubai’s Emirates,…
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