Nigeria’s economy grew by 2.25 per cent in real terms in the third quarter of 2022, the national bureau of statistics has said. The gross domestic product, which measures the …
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NIGERIA’S ECONOMY
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Nigeria’s gross domestic product (GDP) grew by 3.54 percent year-on-year in real terms in the second quarter of 2022. The development is an improvement from the 3.11 percent growth recorded …
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AfricaAFRICA NEWSBanking, Finance & InvestmentEconomyNewsNigeriaWestern Africa
Central Bank of Nigeria Raises interest rate on banks deposits to 4.2%
The Central Bank of Nigeria (CBN) has raised the interest rate on bank customers’ deposits. According to the Apex Bank, bank customers will be getting at least 4.2 per cent …
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AfricaBusiness and EconomyNewsNigeriaWestern Africa
IMF retains Nigeria’s 2022 growth prospect at 3.4%
The International Monetary Fund (IMF) has retained projected economic growth of 3.4 percent for Nigeria in 2022. The Washington-based institution disclosed this on Tuesday in its World Economic Outlook (WEO) …