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BusinessNews

IMF endorses Nigeria’s reform path as recovery deepens

By Joan Chioma Obinagwam The International Monetary Fund’s (IMF) latest Article IV Consultation highlights a turning point for Nigeria’s economy. Years of instability...

BusinessNews

How increase of MPR by 400bps impacts macro-economy, equities, others

  By Chioma Obinagwam The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) voted to raise the Monetary Policy Rate...

BusinessNews

Nigeria’s apex bank, CBN posts 52% repayment rate in ABP

Nigeria’s apex monetary authority, the Central Bank of Nigeria (CBN) has said it recorded N503 billion in repayment of loans under its Anchor...

BusinessNews

Analysts’ economic forecast, recommendation for year 2023

By Cordros  Research The domestic macroeconomic narrative did not change much in 2022, given the government’s lack of will to institute the necessary...

BusinessNews

SEC to unveil revised Capital Market Master Plan

Nigeria’s Securities and Exchange Commission (SEC) is set to launch the revised Capital Market Master plan by November following its approval by the...

BusinessNews

CBDC: Nigeria’s Central Bank targets 85% financial inclusion target

By Chioma Obinagwam The Governor, Nigeria’s apex monetary authority, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has expressed optimism that the Bank...

BusinessNews

IMF’s new Chief Economist, Pierre-Olivier Gourinchas, resumes work

Pierre-Olivier Gourinchas, the latest Fund’s Economic Counsellor and Director of the Research Department (RES) at the International Monetary Fund (IMF) has resumed duties...

BusinessEntertainmentNews

Nigeria’s public debt leaps to N32.9tn

…attributed to 2020 budget financing, state govt borrowing, others The Debt Management Office (DMO) has said that Nigeria’s total public debt rose to...

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