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Nigeria's Economic Recovery: Policies and Impact on the Economy by Ugodre - Founder, Nairametrics. Nigeria's Economic Recovery: CBN Policies and its impact on the wider economy. Destination for Business news, financial literacy, economy, and analysis from Africa's largest economy and Nigeria news.
Nairametrics - Business news, Economy, Investing, and Financial …
Petrol hike: Consumers struggle as Dangote Refinery, marketers clash over fuel supply, pricing. Destination for Business news, financial literacy, economy, and analysis from Africa's largest economy and Nigeria news.
Inflation, high interest rate, Naira instability continue to strain ...
6 days ago · A new report by the Nigeria Economic Summit Group (NESG) in partnership with Stanbic IBTC reveals that businesses continue to be strained by economic challenges such as high inflation and interest rates coupled with instability of …
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Nigerian businesses expect naira to depreciate in the next three …
Aug 21, 2024 · The report states, “Respondent firms expect the naira to depreciate in the current month, next month and next three months but appreciate in the next six months as their indices stood at -22.6 points, -16.5 points, -4.8 points and 13.7 points respectively.” “They expect the borrowing rate to rise as the confidence indices stood at …
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Economy Archives - Nairametrics
FCT, States’ domestic debt rise by N198.96 billion in three months. by Tobi Tunji. November 9, 2024. 0. The domestic debt of Nigeria’s 36 states and the Federal Capital Territory (FCT) increased by N198.96 billion within three months. Read more. Economy.
CBN increases interest rate by 150 basis points to 26.25%
May 21, 2024 · The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) has increased the benchmark interest rate by 150 basis points to 26.25% from 24.75%. The Governor of the CBN, Yemi Cardoso stated this at the press briefing following the 295th MPC meeting of the bank. Furthermore, the bank retained the Cash Reserve Ratio (CRR) of Deposit Money ...
NAIRAMETRICS| COMPANY EARNINGS – Investor Relation …
Revenue for the period was N5.19 billion. (+225.3% YoY) Cost of sales of N4.22 billion. (+231% YoY) Administrative expenses totalled N349.7 million. (+13% YoY) Net assets during the period stood at N7.21 billion. Loss after tax from continuing …
Markets Archives - Nairametrics
Markets News from Nigeria's capital, currency, commodities, cryptocurrencies and money markets.