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Nigeria’s foreign debt servicing surges by 107.7% to N3.8 trillion in eight months. Nigeria’s economy will grow in leaps and bounds by 2025 – Kashim Shettima.
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FBN Holdings Plc has announced the sale of its 100% equity...
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Meet 5 Cybersecurity leaders in Nigeria’s multibillion...
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DYQUE Energy to unveil plans to tackle power instability,...
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Nigeria's Ministry of Foreign Affairs in Abuja has advised...
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FirstBank Group, one of Nigeria’s leading commercial banks,...
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Economy. Federal government’s domestic debt stock hits...
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27 lut 2024 · Nigeria is currently experiencing its worst economic crisis in a generation, leading to widespread hardship and anger. A litre of petrol costs more than three times what it did nine months ago,...
14 paź 2024 · The current low social and economic equilibrium could be switched to one marked by a better funded and more effective State that provides efficient public services, public goods, and a conducive economic environment for the private sector to flourish and create more quality jobs for Nigerians.
11 cze 2024 · Nigeria is facing its worst economic crisis in decades, with skyrocketing inflation, a national currency in free-fall and millions of people struggling to buy food.
Nigeria Economic Outlook. Recent macroeconomic and financial developments. economic growth in Nigeria slowed from 3.3% in 2022 to 2.9% in 2023 due to high inflation and sluggish growth in the global economy, which declined from 3.5% in 2022 to 3.2% in 2023.
Economic growth will remain well below potential, even with some uplift in the medium term as new infrastructure comes on stream. The currency devaluation will support the current account, which will remain in surplus throughout the forecast period as imports are rendered much more expensive.
27 lut 2024 · Nigeria is currently experiencing its worst economic crisis in a generation, leading to widespread hardship and anger. A litre of petrol costs more than three times what it did nine months ago,...