Tag: economic outlook

Nigeria’s business confidence surges to one-year high as rate cut, bank recapitalisation boost outlook

Business Damilola Bayonle -
Nigeria’s business confidence climbed to its highest level in over a year in February 2026, reflecting renewed optimism among...

Nigerians cut household spending by N14tn as inflation deepens cost-of-living crisis

Business Damilola Bayonle -
Nigeria’s household sector experienced one of its sharpest real-term contractions in recent years as families significantly reduced consumption in...

IMF report shows MENA economic growth strengthens despite global uncertainty

Business Damilola Bayonle -
Despite ongoing global volatility, regional conflicts, and fluctuating oil prices, the International Monetary Fund (IMF) has reported stronger-than-expected MENA...

IMF shocker: Nigeria misses out as Africa’s Fastest-Growing Economies surge ahead

Business Damilola Bayonle -
The International Monetary Fund (IMF) has excluded Nigeria from its latest list of Africa’s fastest-growing economies, despite recent improvements...

Mastercard Predicts 6% Increase in Nigeria’s Consumer Spending

News Damilola Bayonle -
Payment technology firm Mastercard has identified remittance inflow as a key driver of consumer spending in Nigeria, predicting a...