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Nigeria risks financial 'blockade', frosty relations with funders | The Guardian Nigeria News - Nigeria and World News — Nigeria — The Guardian Nigeria News – Nigeria and World News

• World Bank calls for sovereign debt changes ahead of looming recession • Cold attitude to reforms harming domestic investment outlook, experts say • ‘Challenge western countries but with better policy options’ • Nigeria’s Eurobond rises by about 100% in six months Nigeria is gradually inching towards a financial ‘blockade’ at the international financial market, […] ....

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Subsidy fraudulent, insist economists

Subsidy fraudulent, insist economists
guardian.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from guardian.ng Daily Mail and Mail on Sunday newspapers.

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Is Nigeria becoming uninvestible for foreigners?

As envisaged, first quarter (Q1) capital importation data came last week with most of the figures in red. For the entire quarter, the country attracted a total of $1.57 billion. ....

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Is Nigeria becoming unattractive to international investors?

The first quarter (Q1) capital importation data arrived last week, as expected, with the majority of the figures in the red. The country received $1.57 billion in total during the quarter. The statistic fell 17.46 percent year over year (YoY), but the quarter-over-quarter (QoQ) performance was even worse at -28.09 percent. ....

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Emefiele's 2023 'aspiration' rattles financial experts, lawyers — Nigeria — The Guardian Nigeria News – Nigeria and World News

After months of speculation, the picking of expression of interest and nomination form by Central Bank of Nigeria (CBN) governor, Godwin Emefiele, to join the race to succeed President Muhammadu Buhari. ....

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