Experts Task FG on Tackling Insecurity to Boost Economic Growth - AfDB In order to boost economic growth and development, financial experts have urged the Federal Government to tackle insecurity in the country. They disclosed this in separate interviews with the News Agency of Nigeria, NAN,...

CPPE: Nigeria’s Total Debt Could hit N50tn The Centre for the Promotion of Private Enterprise estimates that Nigeria's debt, including that of Asset Management Corporation of Nigeria and borrowings from the Central Bank of Nigeria, could reach N50 trillion within a short time. The Chief Executive...

Economic impact of Russia's Invasion of Ukraine on Nigeria-CPPE According to a report issued by the Centre for the Promotion of Private Enterprises (CPPE), the conflict between Russia and Ukraine will affect the Nigerian economy.NAN reports Muda Yusuf, chief executive officer of CPPE, made the...

LCCI Lists Effect Of Twitter Ban On Businesses       The Lagos Chamber of Commerce and Industry (LCCI) has warned against what it described as collateral damage the suspension of Twitter operations in Nigeria would cause. Its Director-General, Dr Muda Yusuf said many businesses, especially small medium enterprises...

Experts Fault Naira Devaluation, Say Poverty Level Will Rise       Against the backdrop of the recent devaluation of the naira by the Central Bank of Nigeria, economic and financial experts have said the poverty level in the country will increase. The Economic Confidential had reported on Wednesday...

CBN Retains Lending Rate, Says Economic Recovery Still Fragile       The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday retained the Monetary Policy Rate at 11.5 per cent. The CBN Governor, Godwin Emefiele, who disclosed this after the committee’s two-day meeting in Abuja also...