Finance & Economy
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FY 2021 Inflation Settles at 16.98%, breaches the 16.5% forecast of the World Bank
Overall, in the FY 2021 inflation rate settled at 16.98% breaching the 16.5% forecast of the World Bank .This, according…
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Inflation rate rises to 15.63% in December 2021
Inflation rate in Nigeria had been on a steady decline in the past 8 months since April 2021, moderating from…
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GTCo BATTLES TOUGH TIMES
Loosing massive market values At its peak on January 19, 2018, GTB traded at N54 per share or a market…
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Global economists predict stagflation for Nigeria
Global economists has predicted stagflation for Nigeria ;In economics, stagflation or recession-inflation is a situation in which the inflation rate…
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FG Vows To Resolve FOREX Conundrum Facing Manufacturing Sector
A Punch news report states that the federal government has assured manufacturers of its relentless efforts at improving the state…
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Nigeria’s external reserve closes at $40.49 in first week of 2022
According to data from the Central Bank of Nigeria (CBN) on the daily reserve movement. Nigeria’s external reserve dipped $24.3…
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Nestle, others, drag NGX market capitalization down by N20.38 billion
The NGX closed on a negative note to sustain the rally amidst sell-offs and buy-interests as the benchmark All-Share Index…
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Nigeria Should Grow its Non-Tax Revenue and Issue Interest-Free Debt in 2022 – Ayo Teriba
As Nigeria navigates 2022 described as a “Pre-election Year” in the country, fiscal policy authorities have been advised to grow…
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Nigeria’s private sector borrows N5.16 trillion from banks in 11 months 2021
Private sector credit rose to a record high of N35.31 trillion as of November 2021, representing N5.16 trillion net new…
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FGN Budget – An Expansionary Stance in 2022
The 2022 FGN budget titled Economic Growth and Sustainability was signed by President Buhari on 31 December’21. The aggregate expenditure…
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