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The budget is built on unduly optimistic assumptions. Meanwhile, the Central Bank of Nigeria (CBN) is seeking loans to help clear foreign exchange (forex) backlogs while…
Numerous domestic and external shocks have rocked the macroeconomic environment in recent years, aggravating high inflation and chronic foreign exchange (forex) shortages…
Stronger economic growth in the United States, falling domestic inflation and improving government finances are expected to support the region’s exports, consumption and…
This is up from nearly 19 million people in 2023. The crisis has worsened in recent weeks with major food and cost-of-living protests erupting across several states, as well as…
The announcement set off panic buying as motorists rushed to purchase fuel before prices went up, causing long fuel queues across the country. The announcement also came just days…