Food prices surge by 42% in 12 months –NBS
Selected food prices recorded an increase of 42 per cent in one…
CBN raises interest rate to 13%
The Central Bank of Nigeria on Tuesday announced that it has raised…
Nigeria’s GDP rose by 3.11% in Q1 2022 – NBS
The National Bureau of Statistics on Monday revealed that Nigeria’s Gross Domestic…
IMF warns Nigeria to fix weak labour market
The International Monetary Fund has warned Nigeria and other emerging economies to…
Forex inflow falls by 37% in one month -CBN
The foreign exchange inflows into the country fell by 36.7 per cent…
Inflation hits 16.82%, surpasses IMF 2022 projection
The Consumer Price Index rose to 16.82 per cent in April from…
Nigeria spends 86% of revenue on debt servicing, South Africa pays 20%
Nigeria spent 86 per cent of its revenue on servicing debt in…
Commodity prices’ll remain high in Nigeria, others – World Bank
The World Bank has said that the war in Ukraine has dealt…
Workers in formal sector earn N159tn in four years – NBS
Employees in Nigeria’s formal sector earned N159.01tn from 2018 to 2021, according…
Nigeria, 10 ECOWAS countries in debt distress – Report
A new report by the Nigerian Economic Summit Group and the Open…
Naira loses to dollar, closes at 419
The Naira on Monday depreciated at the Investors and Exporters window, exchanging…
Rising crude oil prices will worsen inflation, IMF warns
The International Monetary Fund has said rising oil prices may lead to…