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Debt, currency depreciation, inflation slow down ECOWAS economies – President

Debt, currency depreciation, inflation slow down ECOWAS economies – President

Touray said even though some member states have posted impressive economic growth, inflation, deteriorating fiscal balance and mounting public debts have continued to erode the welfare and standard of...

1 Dec 2023 8:42 PM IST
Take currency swap seriously, reduce reliance on dollars — Economist urges CBN

Take currency swap seriously, reduce reliance on dollars — Economist urges CBN

The expert also linked the rising inflation to the exchange rate, saying “if any business man spends more naira to buy dollars and does not know what the cost will be the next time, he will jerk up...

2 Sept 2023 9:52 PM IST