How Strong U.S. Retail Sales Impact the Nigerian Naira
The U.S. retail sector has been making headlines with its recent resilience, as retail sales rose by 0.4% in October 2024. While this growth highlights the strength of the U.S.…
Nigerian Businesses Expect Short-Term Depreciation of the Naira with Potential Rebound by May 2025 – CBN Survey
According to the Central Bank of Nigeria’s (CBN) latest Business Expectations Survey, businesses across Nigeria anticipate further depreciation of the naira in the coming months, with a potential recovery projected…
Nigeria’s Domestic Debt Soars to ₦66.957 Trillion in H1 2024
In the first half of 2024, Nigeria’s domestic debt surged to an unprecedented ₦66.957 trillion, reflecting an ongoing dependence on borrowing to meet fiscal demands and a response to structural…