Latest Economy News
2025 Budget: FG Secures N669.94 Billion in January Bond Auction
The Nigerian government has successfully raised a substantial N669.94 billion from its…
Nigeria’s Debt: DMO Insists Actual Figure is N87.38 Trillion
The Debt Management Office (DMO) has issued a strong rebuttal against recent…
Nigerian Insurance Sector Shows Resilience, Assets Surge 5.1% in Q3 2024
The Nigerian insurance sector demonstrated remarkable resilience in the face of macroeconomic…
NESG Predicts Inflation Decline, Naira to Stabilise at N1,300/$ in 2025
The Nigerian Economic Summit Group (NESG) Economic Outlook 2025 has offered a…
Nigeria Faces Foreign Investment Drought Amidst Negative Real Interest Rates
Negative real interest rates, a situation where inflation outpaces interest rates, effectively…
Nigeria Unlikely to Seek IMF Loan, Finance Minister Assures
Nigerian Finance Minister Wale Edun has made it clear that he will…
Nigeria’s Foreign Reserves Plummet by $832 Million in January
Nigeria's foreign exchange reserves have taken a significant hit, plummeting by a…
Nigeria’s 4G Surge: A Digital Divide Remains
Nigeria has witnessed a remarkable surge in 4G mobile internet coverage in…