June 2025 PMI: CBN warns of inflation as input costs outpace output prices
The Central Bank of Nigeria (CBN) has raised concerns that the continued rise in input costs across major sectors may...
IMF flags absence of social buffer for poor Nigerians amid reforms
The International Monetary Fund (IMF) has expressed concern over Nigeria’s lack of an adequate social safety net to shield vulnerable...
Stanbic IBTC predicts 200 bps cut in Nigeria’s interest rates for 2025
The latest Purchasing Managers' Index (PMI) report from Stanbic IBTC Bank has noted that, alongside structural reforms and the removal...
Nigeria’s fiscal deficit may hit 4.7% of GDP in 2025 – IMF
Nigeria’s fiscal deficit is expected to rise to 4.7% of Gross Domestic Product (GDP) in 2025, according to the latest...
Nigeria PMI slows to 7-month low at 51.6 amid high business confidence
The Nigerian private sector showed a slight deceleration in growth in June, with the Purchasing Managers' Index (PMI) dropping to...
World Bank approves extra $65 million loan for Nigeria’s SPESSE project
The World Bank has approved an additional $65 million credit for Nigeria under the Sustainable Procurement, Environmental, and Social Standards...
FG spends N611.71 billion to service first domestic dollar bond in March
The Federal Government spent N611.71 billion in March 2025 servicing its first-ever US dollar-denominated bond issued within the domestic market,...
Nigeria’s money supply records second drop in 2025, falls to N119 trillion
Nigeria’s broad money supply declined for the second time this year, falling slightly to N119.01 trillion in May 2025, according...
TAJBank assets near N1 trillion as non-interest lender posts 84% growth in 2024
TAJBank Limited reported an 84% increase in total assets in its full-year 2024 financial performance, rising from N518.33 billion in...
Nigeria’s public debt hits N149.39 trillion in Q1 2025 – DMO
Nigeria’s total public debt rose to N149.39 trillion as of March 31, 2025, marking a year-on-year increase of N27.72 trillion...
