Bolaji Balogun, CEO of Chapel Hill Denham and an economic expert, has expressed a contrary viewpoint to Nigeria’s official Gross Domestic Product (GDP) estimates, suggesting that the country’s GDP might […]
Tag: economic
Economic downturn leads to N478 billion in bad loans for banks
In the first half of this year, at least four banks have reported a combined total of N478 billion in non-performing loans, as revealed in their financial reports. Specifically, Guaranty […]
Housing market in Nigeria sees 40% surge in costs amid economic challenges
The housing market in Nigeria has experienced a notable increase of approximately 40% in leasing and sales costs during the first half of 2023. Despite inflation, rising interest rates, and […]