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‘It’s a recipe for high poverty, unemployment’ — expert counters Osinbajo on moving naira exchange rate

    ‘It’s a recipe for high poverty, unemployment’ — expert counters Osinbajo on moving naira exchange rate

Uche Uwaleke, a professor and financial expert, says the devaluation of the naira will worsen poverty and unemployment in Nigeria. Uwaleke made the comment in reaction to Vice President Yemi

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Here’s what Osinbajo’s call for naira devaluation could mean for the future

    Here’s what Osinbajo’s call for naira devaluation could mean for the future

Nigeria is on auto-replay. Events of the past find a clever way of repeating themselves. Very few things that happen in this African giant are new. Conversations around the naira

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Naira stable, trades N570/$1 at parallel market weeks after CBN/abokiFX row

    Naira stable, trades N570/$1 at parallel market weeks after CBN/abokiFX row

Nigerian naira on Monday opened the week’s trading at N570 per dollar at the market – as vice president Yemi Osinbajo called for the devaluation of the currency. Street traders

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World Bank: Low-income countries’ debt rose by 12% to record $860bn in 2020

    World Bank: Low-income countries’ debt rose by 12% to record $860bn in 2020

The World Bank says the external debt stock of the world’s low-income countries rose 12 percent to a record $860 billion in 2020 from $770 billion in 2019. The bank

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Akinwumi Adesina: Nigeria must decisively tackle its debt challenges

    Akinwumi Adesina: Nigeria must decisively tackle its debt challenges

Akinwumi Adesina, president of the African Development Bank (AfDB), says Nigeria must “decisively” resolve its debt challenges to ignite economic

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Report: Nigeria ranked 6th among top ten countries benefitting from World Bank loans

    Report: Nigeria ranked 6th among top ten countries benefitting from World Bank loans

International Finance Corporation (IFC), a member of the World Bank Group, has ranked Nigeria sixth among the top 10 countries

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N2bn for int’l trips, N135m for meals… inside 2022 budget for presidency

    N2bn for int’l trips, N135m for meals… inside 2022 budget for presidency

The federal government has earmarked N150 billion to the presidency in the 2022 budget, including N135 million for meals and

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‘The exchange rate is artificially low’ — Osinbajo asks CBN to bow to market forces

    ‘The exchange rate is artificially low’ — Osinbajo asks CBN to bow to market forces

Vice-President Yemi Osinbajo has called on the Central Bank of Nigeria to allow the naira reflect the realities of the

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MTN: Time-bound subscriptions will be extended to make up for downtime period

    MTN: Time-bound subscriptions will be extended to make up for downtime period

MTN Nigeria says it will extend time-bound subscriptions for its customers to make up for the network disruption experienced last

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BoI joins signatories to UN sustainable banking principles

    BoI joins signatories to UN sustainable banking principles

The Bank of Industry (BOI) says it has become an official signatory of the UN sustainable principles for responsible banking.

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