Business

J.P. Morgan Predicts Nigeria’s Inflation to Rise, Advocates Sustained Reforms
- By Adeyinka Arutu
- . August 22, 2023
J.P. Morgan, the prominent American investment bank, has projected that Nigeria’s headline inflation will maintain an upward trajectory due to

Nigeria Customs Service to Revitalize Cross-Border Trade for Economic Growth
- By Adeyinka Arutu
- . August 19, 2023
The Acting Comptroller General of the Nigeria Customs Service, Adewale Adeniyi, has revealed plans to restore strong ties with Cameroon

Nigeria Grapples with Soaring Inflation Rate of 24.08% – Highest in 18 Years
- By Adeyinka Arutu
- . August 16, 2023
Nigeria’s annual inflation has surged to 24.08% in July, marking its highest level in nearly two decades. The sharp rise

Federal Government Eyes Stake Sales for Economic Boost
- By Adeyinka Arutu
- . August 16, 2023
The Nigerian government is contemplating the sale of ownership stakes in around 20 state-run enterprises as part of an effort

Price of Petrol Set To Increase Due to Landing Costs: Potential Third Price Hike in 10 Weeks
- By Adeyinka Arutu
- . August 14, 2023
Oil marketers suggest that the cost of petrol could experience yet another increase, marking the third rise in a span

Naira’s Fall Continues Amidst Political Distractions: Urgent Actions Needed
- By Adeyinka Arutu
- . August 14, 2023
Amidst the political turmoil in Niger Republic, the Nigerian naira has faced a steep decline in the foreign exchange markets,

US Raises Concerns Over China’s Influence on Nigerian Government Through Loans
- By Adeyinka Arutu
- . August 10, 2023
The United States has voiced apprehensions regarding China’s potential to wield influence over the Nigerian government by means of Chinese

Nigeria Holds Title for Highest Unemployment Rate, As further Rise Is Anticipated
- By Adeyinka Arutu
- . August 8, 2023
Nigeria has clinched the unenviable top position in the list of nations grappling with the most severe unemployment rates, as

Nigeria’s Solar Potential Shines Bright As Country Could Generate About 427,000 Megawatts
- By Adeyinka Arutu
- . August 7, 2023
Nigeria’s power generation landscape could witness a monumental transformation, as power generation companies reveal that the country has the capacity

Nigeria’s Equities Market Faces 90.6% Drop in Foreign Inflows Amid Forex and Economic Challenges
- By Adeyinka Arutu
- . August 2, 2023
Amid prolonged forex illiquidity, inflation, high-interest rates, and other macroeconomic challenges, Nigeria’s domestic equities market has experienced lackluster interest as