Eigbe has warned that Nigeria's unsustainable debt trajectory poses risks to economic stability, and urged fiscal discipline, reduced subsidy spending.
Cardoso revealed that market distortions undervalued the naira, vowing the culprits will be punished.
He added that it's not sustainable for Nigeria to borrow as 98% of revenue is already spent on debt service.
“This idea that the government wants to distribute money to Nigerians is not something that can work in a population…
The unemployment rate increased from 3.8 percent in the three months to the end of April, the Office for National…
EIU said the situation will further worsen the economy, with other contributory factors being power supply issues and monetary tightening…
The CBN said Nigerians’ attitude to foreign goods impacting economy negatively.
Godwin Emefiele, on Friday said the Monetary Policy Committee is expected to chart a new direction for the Nigerian economy.
The President Association of Professional Bodies of Nigeria (APBN), Akin Oyegbola, has blamed the nation's economic stunted growth on the…
Most Nigerians are no longer able to afford major expenditure on discretionary or non-essential goods and services as inflation has…
After eight months of consecutive decline, the Consumer Price Index (CPI) which measures the level of inflation rose to 15.63…
The Consumer Price Index, (CPI) which measures inflation dropped to 15.40 per cent (year-on-year) in November 2021, compared to the…
Oyekunle Benson, CFA with Context Analysis, spoke to the Global Business Report about Nigeria’s high inflationary environment. He also looked…
After 20 consecutive months of increase, the Consumer Price Index(CPI), which measures inflation has dropped to 18.12 per cent (year-on-year)…
Mustapha Wahab, Analyst at Chapel Hill Denham, spoke to the Global Business Report about Nigeria’s latest inflation figures which are…