Nigeria has failed the US fiscal transparency test for a second straight year, with the State Department citing a vague budget and weak audit oversight.
Nigeria's SEC has ordered capital market operators to freeze assets linked to one Nigerian and three companies the US sanctioned over alleged ISIS financing.
Nigeria's inflation is forecast to hit 34.64%, driven by food prices, cost pressures, and sticky core inflation, according to Financial Derivatives analysts
Nigeria's inflation rate rose to 34.19% in June, driven by rising food prices. This significant increase poses serious concerns for the economy and citizens.
Inflation in Nigeria has wiped out ₦7.6 trillion in consumer spending, highlighting severe economic challenges and declining purchasing power for households
Nigeria's inflation rate reaches nearly 30% amid skyrocketing food prices and currency devaluation. Government faces mounting pressure to stabilize economy and alleviate financial strain on households.
Nigeria has failed the US fiscal transparency test for a second straight year, with the State Department citing a vague budget and weak audit oversight.
Nigeria's SEC has ordered capital market operators to freeze assets linked to one Nigerian and three companies the US sanctioned over alleged ISIS financing.