Economy

IMF sees slower growth for Nigeria in 2024

Business a.m The International Monetary Fund (IMF) has revised its forecast for Nigeria's economic growth in 2024 downwards from 3.1…

Lack of operation,maintenance practices costing Nigeria 25% of WASH investment, says UNICEF

Business a.m The United Nations Children's Fund (UNICEF) has expressed concerns over the loss of approximately 25 per cent of…

S&P forecasts further naira depreciation in 2024  amid economic headwinds

Onome Amuge As the New year dawns, Standard and Poor's (S&P) Global Ratings have issued a bleak outlook for the…

Think tank urges FG to scrap domestic crude allocation to stabilise naira, shore up FX reserves 

Onome Amuge In an effort to find workable solutions to pressing national challenges, Agora Policy, a Nigerian think tank committed…

Nigeria’s inflation rises in 12th consecutive month to 28.92% in December

Business a.m Nigeria’s inflation rate rose for the twelfth consecutive month , with the headline inflation rate rising to 28.92…

ATM usage plunges to 40% amid naira scarcity – KPMG

Business a.m A new report by KPMG has found that the scarcity of cash in circulation has led to a…