Economy

Latest Economy News

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

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Interest rates may stay high, says Cardoso

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

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CBN impose 0.5% Cybersecurity Levy on electronic transfers

The Central Bank of Nigeria has directed the banks in the country

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CBN gov blames huge palliatives purchase for food price hike

The Governor of Central Bank of Nigeria, Olayemi Cardoso has said that

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FG borrows additional N3.8trn from CBN in six months

The Federal Government in what appears to be Ways and Means has

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Price of rice crashes by over 20% in major markets

The price of rice has fallen by 20-30% within two months on

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Naira crashes to one week low at official exchange now N1,234.49/$1

The exchange rate between the Naira and Dollar declined to a week-to-date

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FG, states, LGAs share N1.123trn in March

Alex Omenye The Federation Account Allocation Committee has disclosed the distribution of

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