Economics

The Central Bank of Nigeria (CBN) held 21.38 tons of Gold reserves valued at $1.25 billion at the end of 2022, according to its...

The Central Bank of Nigeria (CBN), which published multiple annual financial statements on its website (the first time since 2015), has admitted it violated...

The Federal Reserve resumed raising interest rates and Chair Jerome Powell left open the possibility of further hikes, which he emphasized will depend on incoming data that has...

The International Monetary Fund (IMF) published its latest semi-annual World Economic Outlook report in which it raised its outlook for the world economy in 2023,...

Nigeria’s fixed income yields are trending lower, despite elevated inflation, which is leading to a widening of negative real returns and financial repression. Financial repression...

Unlike Dr. Death, Christopher Dunsch, a real-life Texas based surgeon who in 2017 killed nearly 40 patients he operated on between 2011 and 2013,...

Nigeria’s Gross Domestic Product (GDP) growth slowed to 2.31 per cent in the first quarter (Q1) of 2023 from 3.52 per cent in the...

The Board of Trustees of the Aliko Dangote Foundation has resolved to be fully involved in the evacuation and resettling of thousands of Nigerians...

Nigerian President Muhammadu Buhari in a broadcast to the nation this morning directed the Central Bank of Nigeria (CBN) to allow only the old...

The US dollar’s status as the world’s main reserve currency is in jeopardy, renowned economist Nouriel Roubini, also known as ‘Doctor Doom’ who predicted...