Adekunle Munir

In 2023, Nigeria witnessed a substantial surge in its debt servicing expenses, reaching a staggering sum of N7.8 trillion. This marked a significant 121 per cent increase compared to the N3.52 trillion incurred in the previous year, as reported by the Debt Management Office (DMO).

Former director of research at the Central Bank of Nigeria (CBN), Dr. Titus Okunrounmu, has raised concerns about the ongoing policy of increasing the Monetary Policy Rate (MPR) by the bank's Monetary Policy Committee (MPC), cautioning that it may impede economic growth.

The Nigerian government's initiative to adjust electricity tariffs is poised to slash monthly subsidy spending by 52 per cent, resulting in a substantial fiscal saving of N135.26 billion.

Country spent N1trn in 2023, 226% higher than N325.05bn recorded in 2022

The World Bank’s latest report, “The Great Reversal: Prospects, Risks, and Policies in International Development Association (IDA) Countries,” has highlighted

The Organised Private Sector of Nigeria (OPSN) has called for the suspension of the implementation of the new electricity tariff hike.

The Federal Competition and Consumer Protection Commission (FCCPC) said it will intensify monitoring and enforcement in formal and informal markets to ensure

Strategic monetary policies have sustained recent gains in the value of the naira, as the foreign exchange (FX) market has witnessed significant activity,

First Bank of Nigeria Limited has announced its recognition as the Best Private Bank in Nigeria and Best Private Bank for Sustainable Investment in Africa at

As cooking gas prices soar in Nigeria, l eaving many households grappling with increased expenses, a growing number of Nigerians are turning to