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More Companies Leaving Nigeria As Business Environment Deteriorates Under Tinubu’s Watch – Peter Obi

Obi asserted that the development was discouraging other foreign, and even local investors, from est…
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MTN Nigeria Incurs N740Billion In Forex Losses, Records N177Billion Loss Before Tax For 2023 Over Naira Devaluation

This is due to the devaluation of the country’s currency, naira. The loss resulted in a wipe-out of …
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IMF Warns Naira May Experience Further 35% Depreciation In 2024 Due To Nigeria’s Production Challenges

It said the country’s growth could fall to zero in 2024 and only slowly recover to 2% in 2028. Th…
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Nigeria: NNPC, CBN Collaborate, Agree On Platform To Ensure ‘Seamless’ Management Of Nigeria’s Oil Revenue

The Nigerian National Petroleum Company Limited (NNPCL) and the Central Bank of Nigeria (CBN) have a…
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Fears of higher oil prices after Red Sea attacks

Attacks on commercial ships in the Red Sea risk pushing up the price of oil and other goods, analyst…
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UK wage growth stays close to record in third quarter

Earnings, excluding bonuses, were 7.7% higher than a year earlier in the period from July to Septemb…
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Living on €18 a day: Women suffering most as France poverty deepens

Poverty is worsening in France with women highlighted as the main victims, according to a report pub…
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UK jobs market dodges hit from economic slowdown

ONS finds unemployment rate broadly unchanged and real wages rising thanks to falling inflation. …
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Millions of UK households forced to unplug fridge to cope with rising bills

About 2m UK households have been forced to turn off their fridge or freezer to save money as they co…
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Nigeria: KPMG Predicts Lower GDP Growth For Nigeria in H2 2023 Despite Fuel Subsidy, FX Reforms

It said despite the  225 basis points hike in MPR, inflation is still a challenge and may hit 30% by…
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