The National Bureau of Statistics (NBS), says Nigeria’s food inflation in June 2024 increased to 40.87 per cent. The NBS said this in its Consumer Price...
Finance Ministers and Central Bank Governors from the 15 Economic Community of West African States have advanced plans to launch the single currency initiative, known as...
The Governor of the Central Bank of Nigeria, CBN, Mr Olayemi Cardoso, has unveiled the apex bank’s plans to tame inflation through conventional methods. A statement...
Nigeria’s foreign exchange reserves has increased by 5 percent to $33.58 billion in the last two months. This is according to the Central Bank of Nigeria,...
The Debt Management Office (DMO) says Nigeria’s total public debt stock hit N121.67 trillion (91.46 billion dollars) in March. The Director-General of the DMO, Patience Oniha,...
The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate increased to 33.95 per cent in May 2024. The NBS said this in its Consumer...
Mr Adebayo Adelabu, Minister of Power, said that the introduction of band A with a higher tariff has reduced electricity subsidy to N1 trillion from about...
Mr Adebayo Adelabu, Minister of Power, said that the introduction of band A with a higher tariff was not targeted at making life difficult for Nigerians...
President Bola Tinubu may halt the collection of taxes, levies, or charges on business of a few sectors of the economy notably transporters. This was contained...
The Nigerian federal government has said its ability to achieve the 2024 budgeted revenue step-up of 77.4 per cent from 2023 is at risk should oil...
Nigeria’s Gross Domestic Product (GDP) grew by 2.98% (year-on-year) in real terms in the first quarter of 2024, a report by the National Bureau of Statistics...
The Naira on Wednesday appreciated at the official market, trading at N1,459.02 to the dollar. Data from the official trading platform of the FMDQ Exchange, revealed...