Economy

PRESSURE on Naira is expected to persist in 2021 as higher imports bills continue to offsetting improved receipts from oil exports, thus resulting to low accretion into Nigerian…
Read More...

TO curb the Nigerian jumpy inflation rate threat on the economy, analyst have predicted that the current dovish stance may be coming to a halt, saying the Nigerian Central Bank …
Read More...

THE Executive Board of the International Monetary Fund (IMF) approved on April 1, 2021 a third tranche of grants for debt service relief for 28 member countries under the Catastrophe…
Read More...

THE terms of China's loan deals with developing countries are unusually secretive and require borrowers to prioritise repayment of Chinese state-owned banks ahead of other creditors, a…
Read More...

OIL prices declined on Wednesday over the double whammy of an expected rise in US crude oil inventories and the rising value of the dollar. This makes US-dollar-priced oil more…
Read More...

THE Central Bank of Nigeria’s ‘Naira 4 Dollar’ Scheme is capable of ensuring a competitive diaspora remittance market space that would spur Naira stability, according to President of…
Read More...

THE Federal Government of Nigeria's cost of obtaining funds from the local debt market is expected to rise amidst bond yields repricing in the fixed income space. This will likely…
Read More...

OIL marketers on Wednesday said petrol scarcity in many parts of the country was not on the decrease due to the difficulty filling stations face to restock their tanks with products. …
Read More...

NIGERIA's petroleum industry regulator, the Nigerian National Petroleum Corporation (NNPC), has said that it has no plans to increase the ex-depot price of Premium Motor Spirit (PMS),…
Read More...

THE Federal Government has concluded plans to sell crude oil to the $15 billion Dangote Refinery in Naira. This, reports say, is part of measures adopted to strengthen the currency…
Read More...