Economy

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…

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Nigeria’s Debt: DMO Insists Actual Figure is N87.38 Trillion

The Debt Management Office (DMO) has issued a strong rebuttal against recent…

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Nigerian Insurance Sector Shows Resilience, Assets Surge 5.1% in Q3 2024

The Nigerian insurance sector demonstrated remarkable resilience in the face of macroeconomic…

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NESG Predicts Inflation Decline, Naira to Stabilise at N1,300/$ in 2025

The Nigerian Economic Summit Group (NESG) Economic Outlook 2025 has offered a…

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Nigeria Faces Foreign Investment Drought Amidst Negative Real Interest Rates

Negative real interest rates, a situation where inflation outpaces interest rates, effectively…

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Nigeria Unlikely to Seek IMF Loan, Finance Minister Assures

Nigerian Finance Minister Wale Edun has made it clear that he will…

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Nigeria’s Foreign Reserves Plummet by $832 Million in January

Nigeria's foreign exchange reserves have taken a significant hit, plummeting by a…

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Nigeria’s 4G Surge: A Digital Divide Remains

Nigeria has witnessed a remarkable surge in 4G mobile internet coverage in…

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