Category: Economy

Oil export: Nigeria’s Q3 foreign trade drops to N11.6trn

Nigeria recorded a total foreign trade of N11.59 trillion in the third quarter of 2022,...

Digital economy: Nigeria, Vietnam deepen bilateral relations

In a determined effort to deepen the long-standing bilateral relations between Nigeria and Vietnam, both...

Nigeria’s free trade zones attract $46.4bn investment

  Nigeria’s free trade zones have attracted more than $46.6 billion in investment into the...

Buhari justifies cashless economy policy

The President, Major General Muhammadu Buhari (retd.), has reiterated the need for a cashless economy...

Inflation: CBN raises interest rate to 16.5%

The Monetary Policy Committee of the Central Bank of Nigeria have voted to increase the...

Inflation: NBCC raises concerns over excise duty increment

The Nigeria-British Chamber of Commerce has warned that the proposed increment in the excise duty...

World economy needs Nigeria – IMO

The Secretary-General of the International Maritime Organisation, Kitack Lim, has reiterated the importance of Nigeria to...

Recession: Experts advocate effective fiscal-monetary policy

Some economists in the North-East have urged the Federal Government to formulate effective fiscal and...

UK economy shrinks by 0.2%, recession looms

The United Kingdom appears to be heading into recession after the latest official figures showed...

CBN’s plan to redesign naira purely political- Obaseki

Edo State Governor, Godwin Obaseki, has criticized the plan to redesign naira notes, asserting that...

Naira fall’ll worsen Nigeria’s food, energy crisis — W’Bank

The World Bank has warned that the depreciating value of the Nigerian naira and currencies...

New naira: Beware of currency hoarders, EFCC warns BDC operators

The Economic and Financial Crimes Commission has urged Bureau de Change operators to be wary...