Economy

Latest Economy News

EFCC investigating Sirika’s Nigerian Air deal – Keyamo

Minister of Aviation and Aerospace Development, Festus Keyamo has disclosed that the

Alex Omenye Alex Omenye

Senate summons CBN governor over naira decline

The Senate, through its Committee on Banking, Insurance, and other Financial Institutions,

Alex Omenye Alex Omenye

CBN moves to curb FX circulation, naira hoarding

The Central Bank of Nigeria has issued a circular aimed at addressing

Alex Omenye Alex Omenye

IMF lowers 2024 growth projections for Nigeria

The International Monetary Fund reduced its October prediction of 3.1% for Nigeria's

Alex Omenye Alex Omenye

Naira drops to all-time low on official window, trades at 1348/$

The naira hit an all-time low of N1348.63 per dollar on the

Bisola David Bisola David

W’Bank predicts 3.7% growth for Nigeria’s economy in 2025

The World Bank's recent report, "Global Economic Prospect: Subdued Growth, Multiple Challenges,"

Bisola David Bisola David

Inflation’ll drop to 21.4% in 2024 – CBN gov

The Governor of the Central Bank of Nigeria anticipates that headline inflation

Alex Omenye Alex Omenye

Why naira-dollar can’t be stable – Minister

Christian George The Minister of Budget and Economic Planning, Atiku Bagudu, has

Bisola David Bisola David

Seven currencies greater than the US dollar

One of the most valued currencies in the world, the US dollar

Alex Omenye Alex Omenye

Nigeria, others most affected by high food inflation – W’Bank

The World Bank has revealed that domestic food price inflation has had the

Bisola David Bisola David

Naira drops 11.4% to N927/$1 on official market

The Nigerian Autonomous Foreign Exchange Market, the official FX window, saw a

Bisola David Bisola David

GDP experiences slow growth, climbs 2.54% in Q3 – NBS

The National Bureau of Statistics has stated that Nigeria's GDP grew slightly in

Bisola David Bisola David