Tag: inflation Nigeria

CBN rate cut pressure rises as 63% of Nigerians demand lower interest rates

Business Damilola Bayonle -
Nigeria interest rates dominate economic debate ahead of MPC decision Nigeria’s interest rate debate has entered a politically and economically...

Nigeria World Bank debt rises $2.08bn as naira pressure and fiscal strain deepen economic risks

News Damilola Bayonle -
Nigeria World Bank debt jumps $2.08bn as fiscal strain deepens, naira pressure and capital confidence weaken Nigeria’s fiscal pressure is...

Nigeria bond auction April 2026 set for ₦700bn raise as yields climb in high-stakes debt market

Business Damilola Bayonle -
Nigeria bond auction April 2026: FG to raise ₦700bn as borrowing costs rise, fiscal pressure intensifies Nigeria is stepping up...

Tinubu reshuffles cabinet amid inflation, FX pressure in Nigeria

Business Damilola Bayonle -
Tinubu reshuffles cabinet, replaces finance and housing ministers amid economic pressure Nigeria’s President Bola Tinubu has removed Finance Minister Wale...

Borrowing costs rising? CBN new overnight rate could change loans, investments in Nigeria

Business Damilola Bayonle -
As credit tightens and businesses face mounting cost pressure, Nigeria’s CBN new overnight rate could reshape loans, investments, and...

Nigeria public debt hits N159tn, raising inflation fears and cost-of-living pressure

Business Damilola Bayonle -
Rising Nigeria Public Debt Adds Pressure on Nigerians as Borrowing Accelerates Nigeria public debt has hit N159tn, raising fresh concerns...

Fuel, FX and Inflation Pressure Tightens on Nigeria’s Economy as Naira Stability Masks Cost Crisis

Business Damilola Bayonle -
Nigeria’s economy is currently sending mixed signals that are difficult to ignore. On paper, the naira has shown periods of...

NGX market capitalisation hits N131.6tn after N443bn surge—but rally may not last

Business Damilola Bayonle -
Market capitalisation gains N443bn in one day, hits N131.6tn—but analysts warn rally may not last Nigeria’s stock market delivered a...

Fuel import price war: World Bank defends imports as Dangote petrol falls behind imports by 12%

Business Damilola Bayonle -
Nigeria’s fuel pricing crisis has escalated sharply after new market comparisons showed imported petrol is about 12% cheaper than...

Naira devaluation and inflation threaten Nigeria’s construction sector, experts warn

Business Damilola Bayonle -
Nigeria’s construction industry is facing mounting macroeconomic headwinds, with professionals warning that persistent inflationary pressures and currency instability could...

Tinubu economic optimism: Nigeria will overcome economic challenges

Business Damilola Bayonle -
Nigeria’s President, Bola Ahmed Tinubu, has reassured citizens that the country will overcome its current economic headwinds, expressing confidence...

2027 elections may derail Nigeria’s fiscal reforms, NECA raises alarm over economic risks

Business Damilola Bayonle -
Nigeria’s organised private sector has raised fresh concerns over the sustainability of ongoing economic reforms, warning that political pressures...