Lolade Akinmurele

1 month ago | businessday.ng | Lolade Akinmurele |Eniola Olatunji |Wasiu Alli

…As data show CBN’s reduced intervention in FX marketA sharp decline in Nigeria’s external reserves to a six-month low has dominated financial headlines in recent days, stoking fears of renewed instability in the naira and a potential pullback by investors. Yet, a closer examination of data and policy direction suggests that these concerns may be misplaced.

1 month ago | businessday.ng | Lolade Akinmurele |Eniola Olatunji |Wasiu Alli

...As data show CBN’s reduced intervention in FX market A sharp decline in Nigeria’s external reserves to a six-month low has dominated financial headlines in recent days, stoking fears of renewed instability in the naira and a potential pullback by investors. Yet, a closer examination of data and policy direction suggests that these concerns may be misplaced.

2 months ago | businessday.ng | Lolade Akinmurele |Wasiu Alli

Vietnam’s economic transformation is one that holds lessons for emerging economies like Nigeria. In this interview with BusinessDay’s Lolade Akinmurele & Wasiu Alli, Oye Akinsemoyin, director-general of the Nigeria Vietnam Chamber of Commerce & Industry charts a path for Nigeria to replicate Vietnam’s success and lifts the lid on the key role the Chamber is playing to deepen the ties between both countries. What are the remarkable strides of the Nigeria Vietnam Chamber of Commerce over the years?

Jan 15, 2025 | businessday.ng | Lolade Akinmurele

Nigeria will go full circle from borrowing to pay for petrol subsidies to using the savings from halting the costly practice to repay creditors in 2025. Nigeria expunged the petrol subsidy bill, which gulped over $10 billion annually at its peak from the federal budget in 2023, after President Bola Tinubu’s bold move to end the decades-old practice which past presidents had avoided.

Jan 15, 2025 | businessday.ng | Lolade Akinmurele

Nigeria will go full circle from borrowing to pay for petrol subsidies to using the savings from halting the costly practice to repay creditors in 2025. Nigeria expunged the petrol subsidy bill, which gulped over $10 billion annually at its peak from the federal budget in 2023, after President Bola Tinubu’s bold move to end the decades-old practice which past presidents had avoided.