Category: Economy

Subsidy removal, FX unification: We’re on right track – Tinubu

        President Bola Tinubu on Tuesday stated that his administration is on...

Nigeria’s inflation may hit 30%, Bank of America warns

The Bank of America has cautioned that the Central Bank’s Monetary Policy Committee may need to raise...

Tinubu assures investors of policy consistency

President Bola Ahmed Tinubu has assured the business community of his government’s commitment to policy...

Nigeria’s external reserve drops by $2.9bn in 2023 H1 — Report

Nigeria’s external reserve has fallen by about $2.8 billion in the first half of 2023...

Naira falls by 13.9% in one week at I&E Window

The naira fell to a historic low against the dollar last week as Nigeria’s new...

FG to boost economy with Cassava Bioethanol project

President Bola Tinubu as well as the Nigerian government is implementing additional measures such as the...

Naira dips further to N770.38/$ at I&E window

The Naira, on Monday, depreciated by 16 per cent to N770.38 per dollar in the...

Okonjo-Iweala, IMF MD demand improvement of international trade

Director General of the World Trade Organisation, Dr. Ngozi Okonjo-Iweala, and the Managing Director of the International...

Subsidy: Why FG won’t fix petrol prices again, NMDPRA reveals

By Wilson Adekumola   The Nigerian Midstream and Downstream Petroleum Regulatory Authority has explained the...

Revert to old pump price, Kano govt orders petroleum marketers

The Governor of Kano State, Abba Yusuf, has ordered marketers in the state to revert...

Tinubu vows to review Emefiele’s naira redesign policy

By Wilson Adekumola   The newly inaugurated President, Bola Ahmed Tinubu has promised Nigerians that...

Fuel Subsidy: Nigeria’s economy lost $10bn in 2022 – AfDB

The president of the African Development Bank, Akinwumi Adesina has said that Nigeria’s economy lost...