‘Big funding squeeze’ threat to Nigeria, sub-Saharan Africa – IMF
Economic growth in sub-Saharan Africa is expected to decelerate to 3.6% before rebounding to 4.2% in 2024 in line with a global recovery, subsiding...
Dollar falls after U.S. inflation report
The U.S. dollar experienced a sharp drop in value on Wednesday after the release of data showing that consumer prices in March rose less...
Planned subsidy payments to 50m Nigerians offers below N10,000 each
The Nigerian government says it has obtained $800 million from the World Bank which it plans to use as support for poor citizens impacted...
27 states in Nigeria attracted zero foreign capital in 2022
Twenty-seven states attracted no foreign capital into Nigeria in 2022, according to government figures released Tuesday.
Nigeria recorded $5.3 billion as capital importation last year,...
Naira drops to record low on official market
Naira plunged to a new low against the United States dollar on Monday on the official market, according to data from the central bank-backed...