Economy

CBN hikes MPR to record-high 22.75% amid rising inflation

Business a.m The Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR) for the ninth time in…

FAAC allocation rises 2.47% in January as federal govt,subnationals receive N1.149trn

Business a.m The Federation Account Allocation Committee (FAAC) released a total of N1,149.816 trillion  among the 774 local governments, 36…

Nigeria fails to impress on customer service, survey reveals

Business a.m The results of the 2023 Nigeria Customer Service Index (NCSI) findings  were not promising for Nigeria, as Africa’s…

Nigeria’s money supply hikes to all-time high of N93.72trn in January 

Business a.m The latest figures from the Central Bank of Nigeria (CBN) has indicated that the country's broad money supply…

Allianz places Nigeria on ‘sensitive’ immediate risk, ‘highest’, medium term 

  Investors advised to “tank up before you go” PHILLIP ISAKPA IN LONDON, UK   Nigeria’s economic troubles, which have…

Poor management in last 8 years cause of Nigeria’s woes — Agusto

Business a.m Rating agency Agusto & Co. has issued a stinging rebuke of the management of Nigeria's economy over the…