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Markets
Nigerian corporates crowd Commercial Papers market as IPO market freezes
With the primary equities market experiencing a prolonged chill, Nigerian corporate issuers are aggressively shifting their gaze toward the short-term debt capital market....
Tumbling Naira Forces Surprise Rate Hike in Nigeria
The Central Bank of Nigeria (CBN) surprised the markets with its liquidity tightening on Tuesday, raising the monetary policy rate by 50 basis points (bps) and the cash reserve ratio by 200 bps....
Editor | Sep 25, 2024
Why Nigeria’s Economic Reform Plans Have Been All Bark No Bite
In Nigeria, the promise of economic reform has echoed through decades, from the Structural Adjustment Program (SAP) of the 1980s to the recent Renewed Hope Agenda. ...
Editor | Sep 24, 2024
Manufacturers Feel Pinch Of Rate Hike as Loan Repayments More Than Double
Some of Nigeria’s top manufacturers have spent about N1.94 trillion on repaying loan principals and interests. ...
Editor | Sep 23, 2024
APC’s Okpebholo declared winner of Edo disputed poll
.Worst election in history - Ighodalo .CSOs raise concerns over transparency in collation ...
Editor | Sep 23, 2024
GMO seeds fail to revive dying cotton industry
Cotton farmers in Africa’s most populous nation were excited in 2018 when genetically engineered cotton seeds were introduced for cultivation, raising hopes of bumper harvest and pest-free cotton regimes....
Editor | Sep 23, 2024
MPC rate pause on the cards as DMO auctions N150bn FGN bonds
The Central Bank of Nigeria's monetary policy committee will meet on Monday and Tuesday in a highly anticipated deliberation that could hold benchmark interest rates steady for the first time after four consecutive hikes...
Editor | Sep 23, 2024
From Policy to Prosperity: Why Nigeria’s Institutions Must Evolve
The Nigerian government must deploy its economic and political institutions not only as governance tools but as mechanisms to liberate the vulnerable from economic hardship....
Editor | Sep 19, 2024
Agric Exports Lead Silent Shift in Nigeria’s Economic Landscape
For decades, Nigeria's economy has been closely tied to the fluctuations of global oil markets. Since the discovery of oil in 1956, it has been the main source of revenue and dominated exports. ...
Editor | Sep 17, 2024
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