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Nigeria’s inflation rose to 23.1% in February 2025, driven by transport costs and consumer spending. Food inflation is also high, reaching 23.51%. Analysts anticipate further interest rate discussions, while the …
Nigeria’s Inflation Rises to 23.1% Amid Economic Adjustments in 2025 Read More
This week features key business stories such as the approval of tax reform bills maintaining VAT at 7.5%, concerns over naira abuse, and PenCom’s directive empowering PFAs. Additionally, NERC has …
Week Ahead: Key Business Developments in Nigeria – March 17 to March 21 Read More
The AERMP forecasts an economic boom for Nigeria by 2025 with decreasing inflation, as per Mr. Olayinka Odutola. He highlights government reforms under President Tinubu that are lowering food prices …
Predictions for Nigeria’s Economic Growth and the Call for Collaborative Reforms Read More
The AERMP forecasts a decline in inflation and an economic boom for Nigeria by 2025, driven by government reforms and increased local production. Director Olayinka Odutola highlights the importance of …
AERMP Predicts Economic Boom for Nigeria by 2025 Despite Global Challenges Read More
The Central Bank of Nigeria reported a foreign debt service expenditure of $5.47 billion from January 2024 to February 2025 and a modest increase in foreign remittances to $180.03 million. …
CBN Reports $5.47 Billion Spent on Foreign Debt Service in 14 Months Read More
Iran’s Supreme Leader rejected President Trump’s request for nuclear negotiations, potentially increasing the likelihood of military action. Israel continues its military operations to secure its borders and support regional communities, …
Repercussions of Iran’s Rejection of Diplomatic Talks and Israel’s Military Actions Read More
Iran’s Supreme Leader rejected Trump’s proposal to negotiate nuclear terms, raising military conflict speculation. Concurrently, developments regarding Gaza and Israel’s military activity in Syria demonstrate the complexities of the region’s …
Iran’s Rejection of Talks Heightens Military Tensions; Israel Engages Syrian Druze Community Read More
The Economic and Financial Crimes Commission (EFCC) has exposed 58 Ponzi scheme operators in Nigeria, which are unregistered with key financial authorities, the CBN and SEC. Legal actions have been …
EFCC Exposes 58 Illegal Ponzi Scheme Operators in Nigeria Read More
A report from Chatham House asserts that Nigeria is more competitive than it has been in 25 years, attributing this to the devaluation of the naira. The depreciation has improved …
Nigeria Achieves Competitive Edge in 25 Years Amid Currency Depreciation Read More
Nigeria’s economy is rebounding with inflation at 24.5%, rising FDI, and a growing GDP. The CBN’s maintenance of interest rates supports investor confidence, reflected in a strengthened Eurobond market. Recent …
Investors Turn Attention to Nigeria Amid Economic Recovery and Reforms Read More