Finance & Economy
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Nigeria Breweries: The bears are thirsty for its current valuation
Flashback; In early 2018, Nigeria Breweries reported a profit after tax of N33 billion for the period ended December 2019…
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Nigeria’s Inflation Slides to 21.34% as NLNG Continues Operation and CBN Backstops Naira Decline
Sober Festivities Induce Decline in Inflation in December According to the National Bureau of Statistics (NBS) CPI report, Inflation fell…
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Access Holdings Plc Notifies That the Acquisition of Kenyan-Based Sidian Bank Ltd Will no Longer be Completed
Access Holdings Plc trading as Access Corporation on June 8, 2022, announced that its flagship subsidiary, Access Bank Plc (‘the…
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Debt Sustainability: Nigeria’s Two-Track Projections
The National Assembly has now set up a committee to review the request of the Federal Government (FG) to securitize…
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Borrowing costs, others weaken Nigeria’s fiscal position – W’Bank
The World Bank has said that high borrowing costs, lower energy prices, slow growth in oil production and subdued oil-sector…
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LCCI urges FG to amend Petroleum Profit Tax Act
The Lagos Chamber of Commerce and Industry (LCCI) has asked the Federal Government to consider amending the Petroleum Profit Tax…
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Another Large Fiscal Deficit Expected in 2023
Last week Tuesday, President Buhari approved the 2023 budget, which marks the final budget of his administration. A pattern has…
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Nigeria’s debt to GDP ratio tops 34.7% as total public debt stock rises to N67.58 trillion
Nigeria’s total public debt stock rose to N67.58 trillion as of September 2022 according to data compiled from the website…
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We’re reconsidering Buhari’s N22tn loan restructuring request —Lawan
The Senate President, Ahmed Lawan, on Tuesday said the National Assembly is currently reconsidering the President’s proposal to securitise the…
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Nigeria to pay $4 bln extra in 2023 if lawmakers reject loan-bond swap – president
– Nigeria will pay 1.8 trillion naira ($4 billion) extra interest in 2023 if parliament rejects a loan-to-bond swap request…
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