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Economy

Latest Economy News

FG disbursed N1.2tn for capital projects in 2023

The Federal Government has released a total of N1.23 trillion to 17

Onwubuke Melvin Onwubuke Melvin

CBN to cut down rate hikes soon – Cardoso

The Governor of the Central Bank of Nigeria, Dr. Olayemi Cardoso has

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Demand deposits surges N29.67tn in May – CBN

Demand deposits have jumped by 206.83 per cent from N9.67tn in May

Onwubuke Melvin Onwubuke Melvin

Rising volume of non-bank transactions threaten financial stability – Cardoso

The governor of the Central Bank of Nigeria, Yemi Cardoso, has expressed

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Nigeria’s FX reserve rise to $34.14bn

Nigeria's reserves continued to rise, reaching $34.14 billion on Friday, up 4.06

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Banks to deposit excess FX in CBN Lagos, Abuja offices

The Central Bank of Nigeria on Friday published updated guidelines for Deposit

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FG raises N284b in treasury bills auction

The Federal Government, through the Central Bank of Nigeria, raised a total

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CBN stops FX price verification portal for importers

The Central Bank of Nigeria has announced that the foreign exchange price

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Administration will continue strategic reforms to address economic challenges – Tinubu

President Bola Tinubu has declared that his administration will continue to pursue

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Nigeria’s inflation to decrease to 29.5% by 2024 year-end – PwC

Nigeria's inflation is expected to slightly decrease to 29.5% by the end

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Petrol price surges 223% to ₦770/litre — NBS

The average price of Premium Motor Spirit, also known as petrol, surged

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Nigeria inflation hits 33.69% in April 2024 – NBS

The National Bureau of Statistics has said the headline inflation increased to

Onwubuke Melvin Onwubuke Melvin
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