Crisis in Gabon Leads to Steepest Decline in Dollar-Denominated Bonds
Gabon's military coup triggered the most significant daily decline in its dollar bonds since the peak of the COVID-19 pandemic on Wednesday.
This happened just...
“Failing to prioritize open trade could lead to fluctuations in prices, as highlighted by Okonjo-Iweala.”
The Director-General of the World Trade Organisation, Ngozi Okonjo-Iweala, recently emphasized that moving away from open trade would result in heightened price fluctuations, inflationary...
Product tax revenues surge to N1.36 trillion within a span of six months, according to the NBS.
Taxes imposed on goods within the country surged to N1.36tn during the initial half of 2023, despite widespread economic difficulties.
This increase reflects a significant...
Naira’s depreciation leads to a significant impact on manufacturers
Over the past three years, the manufacturers have invested a substantial N7.9 trillion in the importation of raw materials. The driving factor behind this...
