Nigeria

A little inflation will not hurt Nigeria’s economy, investment analyst says

The hawkish monetary policy stance of the Central Bank of Nigeria (CBN) by holding benchmark lending rate constant at high…

Rising oil prices sustain Nigeria’s economic growth for the fourth quarter

Rising oil prices have contributed largely to Nigeria’s economy, which expanded for a fourth straight quarter in the first three…

World Bank pledges $8.8bn Nigeria investment

The World Bank has announced a pledge of $8.8 billion (N2.7 trillion) investment strategy to Nigeria for the 2019 fiscal…

Nigeria govt spent N1.5trn on capital projects in 2017, finance minister says

Kemi Adeosun, Nigeria's finance minister, said Sunday that the country's government spent more than N1.5 trillion on capital infrastructure in…

Remittances to low, middle-income countries reach $466bn in 2017, Nigeria receives $22bn

The World Bank revealed Monday that remittances to low-and-middle-income countries rebounded to a record level of $466 billion in 2017…

Nigeria’s Adeosun, Emefiele optimistic about economy sustaining positive growth

Kemi Adeosun, Nigeria's minister of finance, and Godwin Emefiele, the governor, Central Bank of Nigeria, on Sunday showed optimism about…