Economic Crisis: We Warned Nigerians About Tinubu - Atiku
At a meeting called at his instance on Thursday to address the Foreign Exchange crisis and the problem of economic downturn, among others, Bola Tinubu failed, yet again, to showcase any concrete policy steps that his...
'Nigeria's Economic Crisis Due to Bad Governance'
Poor governance, themed by a vast array of issues including fiscal recklessness constitutes the major bane to Nigeria’s crisis-plagued economy, according to a new report by Nanyang Technology University’s Centre for African Studies.
The 150-page report titled “Back to...
Economic Crisis: British PM, Liz Truss, Fires Chancellor of Exchequer, Kwasi Kwarteng
British Prime Minister Liz Truss fired her finance minister Kwasi Kwarteng on Friday, shortly before she is expected to scrap parts of their economic package in a bid to survive the market and...
Economic Crisis Worsens As Forex Inflows Drop By $9.58bn
Foreign exchange inflows into the economy declined in the fourth quarter of 2021, owing to lower receipts from the Central Bank of Nigeria and autonomous sources.
This is an indication of a worsening crisis for a forex-strapped...
The International Monetary Fund has warned that the current economic crisis in Nigeria may spill over to the rest of West Africa with negative consequences.
It also raised the alarm that Nigeria was spending too much of her revenue to service debts, noting that this...