Category: Economy

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...

BDC operators warn currency speculators as naira gains

The Nigerian Association of Bureau de Change Operators has cautioned currency speculators to be cautious...

CBN debunks naira redenomination plans

The Central Bank of Nigeria on Tuesday, refuted claims that it has plan to redenominate...

Naira falls to 801.1/$ at official market

The naira fell to the dollar by 1.1 per cent on the Investor & Exporter...

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 of several days...

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

In the first quarter of 2023, the federal government’s debt service to revenue ratio increased...

FG proposes N26tn expenditure in 2024 budget 

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

Inflation hits 26.72% in September — NBS

The National Bureau of Statistics on Monday announced that inflation surged to 26.72 per cent...

Why Nigeria is favourite investment destination after China, India – Edun

The Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun, has declared that...

NIDF Listing: NGX market cap records N92.55bn increase

The Nigerian Infrastructure Development Fund with its Thursday listing, increased the Nigerian Exchange Limited’s market capitalization...

Nigeria loses $18.6bn in foreign investment over four years – Report

Foreign investment into the biggest economy in Africa fell by $18.6 billion over the course...

Nigeria has best return on investments, Tinubu tells Indian investors

Kazeem Owoseni     President Bola Ahmed Tinubu has commended the new Indian investors who...