Fitch Ratings has confirmed Nigeria’s credit rating as stable, but warns of concerns over a $10 billion forex loan, weak governance, and economic challenges. Learn more about the evaluation.
Category: BUSINESS
Nigeria’s Debt to China Tops $4.73B
Nigeria’s indebtedness to China has surged, increasing by $800 million within a year, resulting in a staggering debt of $4.73 billion by June 2023. Discover the details
Naira in Crisis: NLC’s Concerns
Discover the latest updates on Nigeria’s Forex crisis and the Naira’s depreciation. Learn about the Nigeria Labour Congress’s concerns regarding government officials’ role in this economic challenge
Kaduna Refinery Set to Reopen by 2024 – Minister Confirms
Senator Lokpobiri’s recent inspection revealed remarkable progress towards Kaduna Refinery’s revival, set to be operational by the end of 2024.
Nigeria’s Inflation Rate Jumps to 26.72% in September
Nigeria’s inflation rate reaches 26.72% in September 2023, posing economic challenges and affecting consumers’ purchasing power.
Nairagram Joins CBN, Banks to Tackle FX Crisis
Nairagram partners with CBN, Sebastian BDC, and Keystone Bank to combat Nigeria’s FX liquidity crisis, facilitating seamless international money transfers.
Just In: Fuel To Be N900/litre – Marketers
Just as Nigerians are battling with increase in prices of essential commodities, the Independent Petroleum Marketers Association of Nigeria have said that the pump price […]
Fidelity Bank Charts New Course for Growth and Global Reach
Discover Fidelity Bank’s stellar H1’23 results and ambitious global expansion strategy as it raises capital for continued growth