Oyo Tops as 20 States Secure N458bn Loans Despite Higher Allocations
Oyo State is topping the list as no fewer than 20 state governments borrowed a combined N458 billi…
Showing posts with the label economy
Naira Will Appreciate to N1,400/$ by December - BUA Boss Forecasts
byKehinde Ayanboade
President of BUA Group , Abdul Samad Rabiu , has projected that the naira could appreciate to betw…
JUST IN: Nigeria’s Economy Expands By 4.23% in 2025 Q2
byKehinde Ayanboade
Nigeria’s economy recorded a 4.23 per cent growth in the second quarter of 2025, according to figu…
Nigeria Inflation Rate Drops for 4th Consecutive Time in 2025 – NBS
byKehinde Ayanboade
Nigeria’s inflation rate has continued its downward trend, with the National Bureau of Statistics …
Review 2025 Budget Or Face Deepening Financial Crisis - IMF Warns Nigeria
byKehinde Ayanboade
Nigeria’s fiscal outlook for 2025 is under serious threat, according to the International Monetary …
Nigeria Loses $4m World Bank Loan Over Audit Lapses
byKehinde Ayanboade
Nigeria is set to forfeit $4 million from a World Bank-funded loan after failing to meet required a…
Nigeria Was Headed For Economic Ruin – Tinubu Claims in Midterm Speech
byKehinde Ayanboade
President Bola Tinubu on Wednesday said his administration inherited a country on the brink of econ…
Naira Records Stable Gains, Closes Week at 1,580.44 Per Dollar
byKehinde Ayanboade
The Nigerian naira continued its upward trajectory against the U.S. dollar, closing the week on a p…
Tinubu Determined to Alleviate Poverty – Minister Wale Edun
byKehinde Ayanboade
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has reaffirmed Preside…
World Bank Predicts Rise in Poverty Across Nigeria by 2027
byKehinde Ayanboade
The World Bank has forecast a significant rise in poverty across Nigeria, projecting an increase of…
Naira Rises to N1,618/$ in Parallel Market
byKehinde Ayanboade
The Nigerian currency, naira saw a slight gain on Tuesday, strengthening to N1,618 per dollar in th…
Nigeria’s Inflation Surges to 24.23%
byKehinde Ayanboade
Nigeria’s inflation rate climbed sharply to 24.23% in March 2025, marking a significant increase fr…
Naira Gains to N1,565/$ in Parallel Market
byKehinde Ayanboade
The Nigerian Naira had on Tuesday appreciated to N1,565 per dollar in the parallel market from N1,5…
Naira Appreciates to N1,555 Per Dollar in Parallel Market, Loses to N1,512/$ in NFEM
byKehinde Ayanboade
The Nigerian Naira (NGN) has appreciated its value in the parallel market, rising to N1,555 per dol…