Nigerian economy

Nigerian Stocks Open Flat as Traders Await MPC Outcome, Naira Strengthens

Nigerian Stocks Open Flat as Traders Await MPC Outcome, Naira Strengthens

Despite strong market breadth and a surge in trading activity, the Nigerian Exchange (NGX) began the week largely flat, as… Read More

1 month ago

Fitch Upgrades Nigeria to ‘B’ Rating Citing Ongoing Economic Reforms

Fitch latest Ratings report has upgraded Nigeria's Long-Term (LT) Foreign-Currency (FC) Issuer Default Rating (IDR) to 'B', from 'B-' signifying… Read More

2 months ago

JP Morgan: Naira Could Fall to N1,700/$1 As Global Oil Prices Fall $15 Below 2025 Budget Benchmark

U.S. investment bank J.P. Morgan is urging investors to unwind long positions in Nigerian Open Market Operation (OMO) bills, warning… Read More

2 months ago

Nigeria’s Economic Prospects Improving Economy But Still Fragile – World Bank

The World Bank has stated that Nigeria's economic prospects are improving but the country's economy is still fragile. This is… Read More

7 months ago

How Nigeria stands among world economies in 2024

Nigeria is showing commendable economic resilience with a projected real GDP growth rate of 3.2 per cent in 2024, outperforming… Read More

1 year ago

NLC Strike: Nigerian economy suffers as workers down tools over demand for wage increase

The Nigerian economy, one of the largest in Africa, has been frequently disrupted by industrial actions across various sectors. These… Read More

1 year ago

Nigeria’s Economic and Security Outlook Under Tinubu: A Year in Review

President Bola Tinubu’s first year in office has been marked by substantial economic reforms and persistent security challenges. His administration… Read More

1 year ago

World Bank’s New Chief Economist Says Nigeria is in a “Terrible Shape” As Oil Income Falls by 80%

“As much as 96% of Nigeria’s revenue is set to be consumed by debt repayments if Africa’s leading oil exporter… Read More

5 years ago