Economy
Oye: Nigeria’s economy in severe strain despite $10.37bn capital inflow
•Says Fed rate hike litmus test for Nigeria’s $54.61bn reserves, FX market Chairman of the Alliance for Economic Research and Ethics, AERE, Mr. Dele Oye, has said Nigeria’s economy remains
The women who refused to wait: How tiny loans are changing lives in Côte d’Ivoire’s cocoa belt
Every Sunday, the women of Bringakro gather in a circle. There is no bank building. No ATM. No teller behind read more The women who refused to wait: How tiny
GGCE 2026 bets on local processing to turn Africa’s gold, gemstones into jobs, businesses
Africa’s vast gold and gemstone resources could generate significantly greater economic value if more of the continent’s minerals were processed, read more GGCE 2026 bets on local processing to turn
How investors can legally reduce tax they pay on investments
Nigerians investing in shares, bonds, funds, property, and other assets can legally reduce the tax they pay by taking advantage read more How investors can legally reduce tax they pay
How Buhari can lift Nigeria’s economy from the ditch
Nigeria’s economy has been in a ditch in the last five years. Nigerians grew progressively poorer, as economic growth remains too slow to create sufficient opportunities for a rapidly rising
Nigeria remains Africa’s biggest economy, top investment destination – APC
The All Progressives Congress (APC) says Nigeria remained Africa’s biggest economy and top investment destination. Sen. John Akpanudoedehe, Secretary, APC Caretaker and Extra-ordinary Convention Planning Committee (CECPC) said this in
Nigeria Sovereign Wealth fund cuts USA’s treasury exposure
By Peter Egwuatu ECONOMY The Nigeria Sovereign Investment Authority, NSIA, yesterday, indicated it has cut its United State of America’s treasury (bond) exposure to less than 20 per cent following
Nigeria can't decide what to do about the rise and rise of cryptocurrency
The Nigerian presidency, central bank, local regulators, and tech community are at odds over “money created out of thin air.”This post was originally published on this site
COVID’19: 58% households reduce food consumption in 6 months — NBS
By Elizabeth Adegbesan EC0NOMY ANational Bureau of Statistics (NBS) survey has shown that 58 percent of households in the country reduced their food consumption between July and December 2020 in
Nigeria to phase out debt sales that offered some of the highest carry returns in Africa
Central bank phasing out sales of bills to non-residents. Cost of liquidity management too high, CBN director says.This post was originally published on this site
