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Rising interest rates cause inflation, and this is basically an economic phenomenon. But what does it mean for the economy? Inflationary pressures are likely...
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On May 21, 2024, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) concluded its 295th meeting with a pivotal decision:...
The People’s Redemption Party (PRP) has voiced concerns over Nigeria’s reliance on the economic policies of the Bretton Woods Institutions. These institutions, which include...
Nigeria’s recent announcement of its ₦5.4 trillion expenditure on fuel subsidies has generated significant discussion and concern. The Minister of Finance and the Coordinating...
Guaranty Trust Holding Company Plc (GTCO), Africa’s leading financial services institution, has been named Nigeria’s strongest brand and Best Banking Brand by Brand Finance...
The Federal Government of Nigeria recently announced a $3.5 billion agreement with the African Export-Import Bank (Afreximbank). This deal aims to enhance the textile...
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Nigeria has a high need for paper, from the print media to the hundreds of thousands of schools, workplaces, and tons of toiletries, to...
Nigeria counts on your professional support to ensure that economic sustainability becomes a national culture. Nigeria’s minister of finance, budget, and national planning, Zainab...
Nigerians continue to troop in their numbers in pursuit of foreign academic qualifications; for many of them, it is a means of leaving the...
In June 2022, Nigeria’s total public debt was N42.84 trillion.
This follows the expiration of the tenure of the pioneer MD, Mr. Uche Orji,
The bilateral air service agreements require all ticket sales earnings to be repatriated out of the nation.
The solution would bring about many benefits to Nigeria including stemming illicit trade and revenue leakages.
The committee also raised the Cash Reserve Ratio (CRR) to 32.5 percent.