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Category: Economy

Business Economy headline

CBN tailored response pushed Nigeria’s economy to out perform its peers – Emefiele

Iheanyi Ejiofor July 18, 2022 No Comments #CBN #tailored #Nigeria #out perform #peers #Emefiele

By our reporter| Nigeria’s economy has performed far better than many of its peers, courtesy of the bespoke, homegrown and ingenious approach adopted by the CBN, Godwin Emefiele, the apex…

Read More CBN tailored response pushed Nigeria’s economy to out perform its peers – Emefiele
Business Economy headline

Forex crisis, others may raise Nigeria’s debt ratio – Report

Iheanyi Ejiofor July 15, 2022 No Comments #Forex crisis Nigeria #debt ratio

Foreign exchange (forex) rate shock, rising interest rate, and other crises may push Nigeria’s debt to Gross Domestic Product (GDP) ratio by 4.8 per cent to 30.9 per cent this…

Read More Forex crisis, others may raise Nigeria’s debt ratio – Report
Business Economy headline

MTN Group in talks to buy South Africa’s Telkom – Report

Iheanyi Ejiofor July 15, 2022 No Comments #MTN #South Africa #Telcom

MTN Group, Africa’s largest telecommunications provider, is in talks to acquire Telkom, a South African telco. On Friday, the companies said they were in discussions over a deal for MTN…

Read More MTN Group in talks to buy South Africa’s Telkom – Report
Business Economy headline

Nigeria’s inflation rate surges to 18.60%, highest in five years

Iheanyi Ejiofor July 15, 2022 No Comments #Nigeria #inflation #rate #surge

Nigeria’s inflation rate rose to 18.60 percent in June 2022, a five-year high, up from 17.71 percent in the previous month. The National Bureau of Statistics (NBS) made the disclosure…

Read More Nigeria’s inflation rate surges to 18.60%, highest in five years
Business Economy headline

POST-VAIDS: JTB, FIRS commences full scale enforcement on defaulters

Iheanyi Ejiofor July 13, 2022 No Comments #VAIDS #JTB #FIRS #defaulters

Upon the effluxion of the amnesty provided by the Voluntary Assets and Income Declaration Scheme (VAIDS) set up by the Federal Government of Nigeria through the Federal Ministry of Finance,…

Read More POST-VAIDS: JTB, FIRS commences full scale enforcement on defaulters

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