Economy

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Economy

How Islamic finance can strengthen Nigeria’s fragile economy

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For Nigeria to achieve its full potential, economic expert in Islamic finance has called for the nation to embrace its principles, as well as...
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Economy

‘Why Nigerians have not felt impact of GDP growth’

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Financial experts have said most Nigerians have not felt the impact of the Gross Domestic Product growth recorded in the first quarter of this...
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Economy

Banks credit to economy hits N23.53tn

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Banks’ credit to the economy rose to N23.53tn as of the end of March, latest figures from the Central Bank of Nigeria have shown. The...
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Economy

Nigeria’s GDP Battling to Hit 1%, Clocks 0.51% in First Quarter of 2021

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By Akanimo Sampson Nigeria’s Gross Domestic Product (GDP) is currently struggling to hit one per cent mark. In the first quarter of this year, it...
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Economy

Currency In Circulation Dips By N10bn

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Currency in circulation dropped by N10bn from N2.81tn as of the end of March to N2.8tn as of the end of April, latest statistics...
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Economy

Nigeria’s Foreign Reserves Down By $790m

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Nigeria’s foreign exchange reserves have depreciated by $790 million despite the rise in crude oil prices. The foreign reserves stood at $34.43 billion as at...
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Economy

Heat-resistant Wheat Transforming Farmers’ Lives in Ethiopia, Sudan, AfDB Says

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By Akanimo SampsonThe lives of farmers in the arid regions of Ethiopia and Sudan are currently being transformed, according to African Development Bank.The transforming...
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Economy

AfDB Approves New Water Policy For The Continent

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The Board of Directors of the African Development Bank (AfDB) Group has approved a new policy on water, prioritizing water security and the transformation...
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Economy

Nigeria Achieves $6bn In-country Spend In Oil And Gas Sector – NCDMB

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Nigeria has scaled up award of contracts to indigenous firms to the tune of $6 billion out of estimated $20 billion annual value of...
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Economy

FMDQ Exchange Welcomes BUA Cement’s N115bn Bond, Largest In Nigerian Debt Market

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In a remarkable feat that validates the innovative and credible capital market solutions, championed and delivered by FMDQ Securities Exchange Limited, the Exchange has...
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