IMF Gives Nod for Nigeria to Seek Loan to Stabilize Naira Amid Pressure
The International Monetary Fund (IMF) has stated that the Nigerian naira is currently under pressure, giving ...
Read more
Tag: Inflation
Rising Cooking Gas Prices Spark Concerns Across Nigeria, Marketers Warn of Further Increases
Concerns are growing over the rising price of cooking gas in Nigeria, with a kilogram now ...
Read moreNigeria’s External Reserves Drop by $841.75 Million in Q3 2023
Nigeria's external reserves witnessed a significant decline, decreasing by $841.75 million between July and September 2023, ...
Read more
World Bank Reports Nigerian Naira as Among Worst-Performing Currencies in Africa
The World Bank has identified the Nigerian naira as one of the worst-performing currencies in Africa, ...
Read more
Naira Faces Significant Depreciation in Q3 2023, Sparking Economic Concerns
In a notable economic development, the Nigerian currency, the naira, experienced a substantial depreciation in the ...
Read more
Manufacturing Sector Faces Job Losses and Economic Challenges in First Half of 2023
In a recent half-yearly review of the economy, the Manufacturers Association of Nigeria (MAN) revealed a ...
Read more
New CBN Governor Cardoso Vows Transparent Leadership and Focus on Core Monetary Policy
Michael Olayemi Cardoso has officially commenced his tenure as the 12th Governor of the Central Bank ...
Read moreForeign Currency Shortages Strangle Nigerian Businesses Dependent on Imports
In a concerning turn of events, Nigerian businesses heavily reliant on imports are feeling the squeeze ...
Read more
Rising Inflation Sparks Concerns of Hunger and Poverty in Nigeria
*Nigeria* - The latest inflation data released by the National Bureau of Statistics (NBS) has raised ...
Read moreNigeria Yet to Clear $10 Billion Forex Debt to Banks; Naira Depreciates
*Lagos, Nigeria - September 25, 2023:* Over two weeks after the Central Bank of Nigeria (CBN) ...
Read more
Fast Track News hope to give objective, accurate and investigative news to the society in way we presents our information and relays facts to the public.
This objectivity will help the audience to make up their own mind about a story and decide what they want to believe.
Learn more
