Naira Devaluation’ll Raise Debt Profile, Inflation - Experts     The recent devaluation of the naira will lead to a rise in the debt profile of the country and banks in naira terms among other side effects, experts have said. The Central Bank of Nigeria recently adjusted the...

Naira Devaluation: Between Markets Forces and Harmonization Pundits By Adefolarin A. Olamilekan   It is no longer news that the pandemic Covid19 effect is beyond health crises. The global economy is once again confronted with another crisis. Like the 2008/2009 economic meltdown, that almost eroded the world...

Financial Experts Allay Fear Of Naira Devaluation In 2020   Experts in the financial system have allayed fears of possible devaluation of the Naira this year, considering various strategies the Central Bank of Nigeria (CBN), has adopted to ensure the nation is well-positioned to shore up...

A fiscal plan is usually a clear and precise statement of what government hopes to realistically earn as income and how much it would spend within a given time frame. Thus in a year, if projected incomes exceed expenditures, a surplus will be available as...

Recently, at a world economic forum, WEF event, US Secretary of State, John Kerry told his audience how Nigerian military generals shared amongst themselves 9 billion dollars that had been set aside for purchase of arms to prosecute the war against terrorism . Not only...

The devaluation of the naira slashed Nigeria’s trade deficit by 44 per cent to N196.5bn in June, from N351.3bn in March, the National Bureau of Statistics said on Tuesday. The bureau said the value of exports increased by 63 per cent to N1.9tn in the...