Data & News Analysis

Nigeria’s Private Sector Credit Extension Surges 50% YoY

AS Reaching NGN62.5 Trillion in December 2023 In a notable economic development, the Central Bank of Nigeria (CBN) has reported a significant surge in private...

Nigeria’s Cabinet Convenes Emergency Talks Amid Economic Turmoil and Rising Food Prices

Nigeria's economic landscape faces heightened scrutiny as cabinet ministers convene emergency sessions to address the fallout from President Bola Ahmed Tinubu's recent reforms. With...

S&P Affirms Nigeria’s Credit Ratings Despite Economic Challenges

Global rating agency Standard and Poor's (S&P) has maintained its 'B-/B' long- and short-term foreign and local currency sovereign credit ratings on Nigeria. The...

Nigerians Lament Slow Progress in Metering as Power Blackouts Worsen

The latest Nigeria Electricity report for Q3 2023, released by the National Bureau of Statistics (NBS), indicates a rise in the number of metered...

Fitch Rates Benue State’s Economy ‘B-‘; Outlook Stable

Fitch Ratings has recently assigned Benue State a 'B-' Long-Term Issuer Default Rating (IDR) with a 'A-(nga)' National Long-Term Rating, both carrying a Stable...

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