Nigeria's Economy – Page 4 of 6 – Prime Business Africa

AfDB Pledges Support To Lagos Health Sector, Aims To Curb Nigeria’s $1bn Monthly Medical Tourism Loss

AfDB: Nigeria, Ghana Witnessing Slowest Economic Growth As West Africa Grapple With Sluggish Growth In 2024

The economic outlook for West Africa in 2024 presents a mixed bag of fortunes, with Ghana and Nigeria facing the brunt of sluggish growth compared to their regional counterparts. According to the

Emmanuel Ochayi

9 months ago

Finance & Economy·Latest News

Nigeria’s Hardship Will Multiply If IMF’s Advice On Electricity Subsidy Removal Is Followed, Alaje, Shehu Sani Warn

Nigeria has been warned against heeding the International Monetary Fund's advice on removing electricity subsidy as that could worsen economic hardship in the country.

Victor Ezeja

9 months ago

IMF Sympathises With Victims Of Kenya Anti-tax Protest

Finance & Economy

IMF Warns Of Deepening Economic Crisis In Nigeria

In an assessment of Nigeria’s economic landscape, the International Monetary Fund (IMF) has sounded the alarm on the country’s challenges, pointing to stalled per-capita growth, soaring poverty rates, and escalating food insecurity

Emmanuel Ochayi

9 months ago

Opinion

Nigerian Economy: The Bane Of Every Nigerian Existence

The economic situation in Nigeria has become challenging for its residents, with the average person finding it increasingly difficult to afford basic necessities.

Chinelo Mba-madubuike

10 months ago

Finance & Economy

Why IMF Downgraded Nigeria’s Economic Growth Forecast To 3% – Report

The International Monetary Fund (IMF) has adjusted Nigeria’s economic growth forecast for 2024, downgrading it to 3.0% from the previously predicted 3.1%. In its ‘World Economic Outlook Update, January 2024,’ released on

Emmanuel Ochayi

10 months ago

71.4% Of Nigerians Call For Interest Rate Reduction – CBN Survey

Opinion

CBN, Economy And Expectations

President Tinubu is a political tactician who often defines his roadmaps and works slowly, steadily and strategically to achieve his set goals

Arize Nwobu

10 months ago

Emerging Economies Face $220bn Budget Cuts Amid Looming Debt Crisis - Oxfam Warns

Business·Latest News

Nigeria, Others’ Debt Will Hit $863bn In 2024 – Report

Sub-Saharan Africa, grappling with a 52.32% surge in external debt to $863.38bn by 2024, is poised for a pivotal year, as Financial Derivatives' report reveals.

Emmanuel Ochayi

10 months ago

Business

CBN May Rase Capital Base By N900bn For International Banks Amid Economic Growth Target – Report

Central Bank of Nigeria (CBN) is contemplating mandating commercial banks with international licenses to increase their capital base, potentially surpassing N900 billion.

Emmanuel Ochayi

10 months ago

Business·Oil & Gas

Exit Of Shell, Agip, Other MNOs Opportunity To Decolonise Nigeria’s Economy – Shehu Sani

Shehu Sani, has asserted that the exit of British energy giant, Shell Plc, Agip and other multinational oil companies from Nigeria would free the country from economic stagnation.

Victor Ezeja

10 months ago

Why Tinubu Govt Is Against Borrowing To Fund 2024 Budget - Edun

Finance & Economy

Nigeria Seeks Fresh $1.5bn World Bank Aid To Tackle Forex Crisis

Nigeria is pursuing a $1.5 billion aid package from the World Bank to address the severe dollar shortage, contributing to the decline of the naira. Finance Minister Wale Edun, in an interview

Emmanuel Ochayi

10 months ago

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Nigeria's Economy - Page 4

AfDB: Nigeria, Ghana Witnessing Slowest Economic Growth As West Africa Grapple With Sluggish Growth In 2024

Nigeria’s Hardship Will Multiply If IMF’s Advice On Electricity Subsidy Removal Is Followed, Alaje, Shehu Sani Warn

IMF Warns Of Deepening Economic Crisis In Nigeria

Nigerian Economy: The Bane Of Every Nigerian Existence

Why IMF Downgraded Nigeria’s Economic Growth Forecast To 3% – Report

CBN, Economy And Expectations

Nigeria, Others’ Debt Will Hit $863bn In 2024 – Report

CBN May Rase Capital Base By N900bn For International Banks Amid Economic Growth Target – Report

Exit Of Shell, Agip, Other MNOs Opportunity To Decolonise Nigeria’s Economy – Shehu Sani

Nigeria Seeks Fresh $1.5bn World Bank Aid To Tackle Forex Crisis

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