Category: Economy

Naira drops to all-time low on official window, trades at 1348/$

The naira hit an all-time low of N1348.63 per dollar on the Nigerian Autonomous Foreign...

W’Bank predicts 3.7% growth for Nigeria’s economy in 2025

The World Bank’s recent report, “Global Economic Prospect: Subdued Growth, Multiple Challenges,” estimated that Africa’s...

Inflation’ll drop to 21.4% in 2024 – CBN gov

The Governor of the Central Bank of Nigeria anticipates that headline inflation will decrease to...

Why naira-dollar can’t be stable – Minister

Christian George The Minister of Budget and Economic Planning, Atiku Bagudu, has revealed why naira...

Seven currencies greater than the US dollar

One of the most valued currencies in the world, the US dollar is the preferred...

Nigeria, others most affected by high food inflation – W’Bank

The World Bank has revealed that domestic food price inflation has had the greatest impact on...

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

The Nigerian Autonomous Foreign Exchange Market, the official FX window, saw a 11.4 per cent...

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

The National Bureau of Statistics has stated that Nigeria’s GDP grew slightly in real terms during...

Edo’s GDP grows by 140% in seven years

The GDP of Edo State expanded by 140% in just seven years, from $10.6 billion...

Naira closes at N1,100/$ on parallel market 

This week, the naira’s value in the parallel market dropped by 15.79 percent, ending trading...

China’s slowing economy will affect Nigeria – IMF

The International Monetary Fund has revealed that Nigeria’s economic situation is expected to be impacted...

Naira falls further to N1,080 against dollar

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