CurrencyFeaturedNigeria’s currency weakness: Tracing the reasons behind a weak NairaIFM CorrespondentMarch 13, 2024March 12, 2024 by IFM CorrespondentMarch 13, 2024March 12, 2024 The Nigerian currency called the Naira has been under intense pressure since the floatation of the exchange rate... Read more
CurrencyFeaturedNigeria to take significant action to save naira as inflation continues to haunt countryIFM CorrespondentAugust 22, 2023 by IFM CorrespondentAugust 22, 2023 Naira slipped by 0.7%, its steepest decline in nearly six months, in official trading on the Nigeria Exchange on June 2023... Read more
FeaturedPorts and ShippingLekki Port: Billion-dollar game changer for Nigeria’s economyWebAdminJanuary 31, 2023 by WebAdminJanuary 31, 2023 Many of Nigeria’s seaports, inherited from the British colonial administration, are severely hit by operational constraints... Read more
FeaturedOil & GasDecline of Nigeria crude exports: Country heading towards economic collapse?IFM CorrespondentAugust 1, 2022 by IFM CorrespondentAugust 1, 2022 The Excess Crude Account and fuel subsidies have depleted state coffers in the first four months of 2022.... Read more
EconomyFeaturedSub-Saharan Africa’s economy expected to grow by 3.4% in 2021: IMFPritam BordoloiApril 20, 2021 by Pritam BordoloiApril 20, 2021 The economy contracted 1.9% in 2020... Read more