Nairametrics - Business news, Economy, Investing, and Financial …
2 days ago · Destination for Business news, financial literacy, economy, and analysis from Africa's largest economy and Nigeria news.
World Bank projects 3.5% GDP growth for Nigeria in 2025, 3.7% in …
1 day ago · Regional context Regionally, Nigeria’s performance remains crucial to Sub-Saharan Africa’s economic trajectory. The region’s growth is projected to accelerate from 3.2% in 2024 …
Why the Naira will be stable in 2025 - Nairametrics
3 days ago · A recent report by Bayo Adedipe and Associates suggests the Naira will settle at N1,574/$1 in 2025. For context, the exchange rate closed in 2024 at N1,553/$1, marking only …
Why the Naira could depreciate in 2025 - Nairametrics
4 days ago · The year 2025 is shaping up to be a year of hope or hubris for the Naira. Optimists believe that after two years of wild swings, Nigeria’s currency might finally settle into …
We recomputed November 2024 inflation using the new rebasing …
5 days ago · Why weighting is critical. The weighting of sub-indexes in the CPI is crucial to determining the inflation rate. For instance, consider two items: Food and Cars. If their …
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A Federal High Court sitting in Lagos has issued a Mareva Injunction that temporarily restrains the co-founder of Seplat Energy Plc, Dr Ambrose Bryant Chukwuemeka Orjiako, popularly known …
Naira shows mixed performance; depreciates to N1730 in parallel …
Oct 26, 2024 · What to expect With the naira recently breaching the N1,700/$1 mark, there is potential for a short-term recovery. Global oil prices have now stabilized between $79 and $81 …
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Naira ends September at lowest exchange rate in seven months at ...
Oct 1, 2024 · Coincidentally, the increase in trade volume on the 26th of September comes a day after the announcement by the Central Bank of Nigeria (CBN) to sell $20,000 to Bureau De …