Economy

Latest Economy News

Naira drops 11.4% to N927/$1 on official market

The Nigerian Autonomous Foreign Exchange Market, the official FX window, saw a

Bisola David Bisola David

GDP experiences slow growth, climbs 2.54% in Q3 – NBS

The National Bureau of Statistics has stated that Nigeria's GDP grew slightly in

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Edo’s GDP grows by 140% in seven years

The GDP of Edo State expanded by 140% in just seven years,

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Naira closes at N1,100/$ on parallel market 

This week, the naira's value in the parallel market dropped by 15.79

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China’s slowing economy will affect Nigeria – IMF

The International Monetary Fund has revealed that Nigeria's economic situation is expected

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Naira falls further to N1,080 against dollar

The naira continued to fall against the dollar on Tuesday, dropping to N1,080/$

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BDC operators warn currency speculators as naira gains

The Nigerian Association of Bureau de Change Operators has cautioned currency speculators

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JUST IN: CBN debunks naira redenomination plans

The Central Bank of Nigeria on Tuesday, refuted claims that it has

Idowu Abdullahi Idowu Abdullahi

Naira falls to 801.1/$ at official market

The naira fell to the dollar by 1.1 per cent on the

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NGX All-Share Index grows 0.5% as stock market recovers

The All-Share Index increased by 0.5% to reach 67,217.77 points, marking the end

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Debt service to revenue hits 183% in 2023 Q1 – FG

In the first quarter of 2023, the federal government's debt service to

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FG proposes N26tn expenditure in 2024 budget 

The Federal Government has projected N26.01 trillion as expenses for the 2024

Idowu Abdullahi Idowu Abdullahi