Less than three months into bank recapitalisation, the extensive fund-raising programmes may be shocking the economy as credit to the private sector continues to go south in the last few months, market data have revealed.

In a fresh push to pull Nigeria’s ailing economy out of the woods, the federal government has rolled out new deals under what it calls the Accelerated Stabilisation and Advancement Plan (ASAP).

The push by the Presidential Committee on Fiscal Policy and Tax Reforms for radical changes in the country’s tax administration system may stoke a political conflict between the federal and state governments in the coming months, The Guardian has learnt.  

As debates intensify over proposed amendments to the Central Bank of Nigeria (CBN) Act, prominent economic experts  have raised concerns on potential threats to the nation's economic stability and growth prospects. The President of the Chartered Institute of Bankers of Nigeria (CIBN), Professor Pius Oladeji Olanrewaju and former Director General of the Lagos Chamber of…

Raising the monetary policy rate by yet another 150 basis points (bps) suggests the Central Bank of Nigeria (CBN)’s appetite for short-term foreign exchange (FX) inflow is far from abating.

The question of whether to raise or hold the monetary policy rate (MPR) confronts the Monetary Policy Committee, the rate-fixing arm of the Central Bank of Nigeria (CBN), as its members converge on Abuja in the next two days for its crucial 295th meeting.

The Nigerian agricultural landscape has witnessed significant challenges over the years, leading to a sharp decline in its productivity and contribution to the country’s economy.

The Centre for the Promotion of Private Enterprise (CPPE) has sought the Central Bank of Nigeria’s (CBN) vigilance over the banking sector, emphasising the importance of guarding against predatory and anti-competitive behaviours

Center for the Promotion of Private Enterprise (CPPE) has condemned the House of Representatives’ remark on cement price, which described manufacturing as exploitative and engaging in arbitrary fixing of prices.

The Centre for the Promotion of Private Enterprise (CPPE) has tasked the Federal Government with strengthening already existing extant laws and regulations within the framework of the Nigeria Immigration Act..

The Organised Private Sector (OPS), including Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Lagos Chamber of Commerce and Industry (LCCI), Manufacturers Association of Nigeria (MAN) and Centre for the Promotion of Private Enterprise (CPPE), has applauded the Federal Government for suspending implementation of the contentious Expatriate Employment Levy (EEL). 

Stakeholders have described the lifting of economic and trade sanctions, previously imposed on Mali, Niger and Burkina Faso, as a good step in the right direction and urged that trading activities resume immediately