Tag: CPPE

Nigeria’s SMEs face N48tn financing gap despite stronger banks, report warns

Business Damilola Bayonle -
Nigeria’s small and medium-sized enterprises (SMEs), widely regarded as the backbone of the economy, are grappling with a massive...

Nigeria electricity losses N10trn yearly to power crises as businesses struggle with rising energy costs

Business Damilola Bayonle -
Nigeria Electricity Losses: Economy Bleeds N10trn Annually Amid Power Crisis Nigeria’s persistent electricity challenges are exacting a heavy toll on...

₦2.9tn raw material exports raise alarm as industrialisation drive faces reality check

Business Damilola Bayonle -
Raw materials export soars, despite push for local processing Nigeria’s ambition to transition from a commodity-dependent economy to a value-added...

FX for business travels soar by 366% to $672m as improved dollar access drives overseas corporate expansion

Business Damilola Bayonle -
Nigeria’s foreign exchange utilisation for overseas business trips surged sharply in 2025, reflecting renewed corporate expansion, improved FX liquidity...

CPPE warns N15tn debt service could hurt 2026 growth — Rising fiscal risks for Nigeria

Business Damilola Bayonle -
CPPE Warns N15tn Debt Service Could Hurt 2026 Growth Nigeria’s projected N15tn debt service bill in the 2026 fiscal year...

Food price surge offsets inflation drop, CPPE warns

Business Damilola Bayonle -
Despite Nigeria’s recent decline in headline inflation, the Centre for the Promotion of Private Enterprise (CPPE) has cautioned that...

MPC Holds Rate, Sparks Debate Over Inflation Risks

Business Damilola Bayonle -
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has once again retained the Monetary Policy...

CPPE React to CBN’s Rate Decision: More Measures Needed

Damilola Bayonle -
The Central Bank of Nigeria's (CBN) decision to pause interest rate hikes has been commended by the Centre for...