Tag: Economy

Naira Plummets to N1,600: CBN Blames Global Economic Shifts, US Tariffs

The Nigerian naira has experienced a sharp decline, reaching approximately N1,600 to…

Genesis Obong

Nigeria’s Vice President Links Low Tax Revenue to Culture of Hidden Wealth

Vice President Kashim Shettima has pointed to widespread wealth concealment as a…

Oluwadara Akingbohungbe

Nigeria’s Private Sector Sees Robust Growth Amid Easing Inflation

Nigeria's private sector demonstrated significant resilience in March, showcasing a notable uptick…

Genesis Obong

Nigeria’s Economy Poised to Weather US Tariff Storm, Analysts Predict Minimal Impact

Despite recent trade policy shifts announced by the United States, economic analysts…

Genesis Obong

Nigerian Naira Depreciates to ₦1,600 Against US Dollar in Official Market

The Nigerian naira experienced a significant depreciation today, falling to ₦1,600 per…

Oluwadara Akingbohungbe

Lesotho Faces Economic Crisis as US Tariffs Threaten Textile Exports

Lesotho is in a desperate scramble to mitigate the devastating impact of…

Genesis Obong

Nigeria Seeks $10.5m World Bank Loan to Modernize CBN’s Tech and Payment Systems

Nigeria has approached the World Bank for a $10.5 million loan. This…

Genesis Obong

JP Morgan Eyes Major Nigeria Expansion with Merchant Banking Bid

American financial giant JP Morgan Chase & Co. is set to significantly…

Genesis Obong