Prices would trend down soon - Buhari appeals for calm
CBN Governor, Emefiele expresses hope, blames fiscal measures
Inflation rate in Nigeria has spiralled up to hit 13.22% as the end of August, a record that broke a 29-month moving average.
The Consumer Price Index (CPI), which measures prices of...
Local investors have expressed fear that economic challenge in Nigeria, said to have continued to dampen investment drive and trigger apathy in the Nigerian capital market since the 2016 recession and now fueled by the effect of COVID-19 lockdown may lead to a forceful takeover of investments by foreigners.
The...
African Development Bank (AfDB) has urged the continent to accelerate industrialisation for the transformation of African economies.
The multilateral development bank has been at the forefront in promoting smart industrial policies and mobilising infrastructure development funding for Africa.
To this end, the bank has described Industrialising Africa as one of its...
The investment market in the country is feeling the effects of aggressive global monetary tightening and rising political and business risks, with capital importation dropping by 20% last year according to data released by the National Bureau of Statistics (NBS). This is according to a report by The Guardian,...
