Economy

Latest Economy News

Massive job cut looms as dollar hits N590

The lingering foreign exchange scarcity in the country has continued to worsen

Agency Report Agency Report

Lagos, Ogun, Rivers lead as states’ debts hit N6.43tn in 2021

The domestic debts owed by state governments and the Federal Capital Territory

Agency Report Agency Report

Nigeria loses N150bn to fake battery products, says expert

The Chief Executive Officer, Emilinks Nigeria Limited, Mr Solomon Nwadiogbu, has said

Agency Report Agency Report

FG incurs N950bn new domestic borrowing in Q1 2022 – DMO

THE Federal Government has incurred N950bn new domestic borrowing between January 2022

Agency Report Agency Report

Nigeria’s debt set to peak at N45tn in 2022, says DMO report

The total debt stock of Nigeria is likely to reach N45tn as

Agency Report Agency Report

Nigeria borrowed N6.64tn, serviced debt with N2.93tn in 2021 -DMO

THE Debt Management Office on Thursday said Nigeria’s total public debt stock

Agency Report Agency Report

NUPENG cries out as cooking gas price rises again

The Liquefied Petroleum Gas Retailers Branch of the Nigeria Union of Petroleum

Agency Report Agency Report

Russia-Ukraine: Higher food prices may cause unrest in Nigeria -IMF

The International Monetary Fund has said higher food prices as a result

Agency Report Agency Report

Fuel scarcity, others raised inflation rate to 15.7% in February –NBS

The Consumer Price Index rose to 15.7 per cent in February from

Agency Report Agency Report

Bakers threaten shutdown as diesel price soars

Bakers under the aegis of Premium BreadMakers Association of Nigeria are mulling

user user

FG inaugurates 35-hectare Imo farm estate

THE Federal Government has inaugurated the rehabilitated 35-hectare Achara-Ubo Emekuku Integrated Farm

user user

Investment commission pledges FDI support to improve Nigeria’s economy

The Nigerian Investment Promotion Commission said it would support Foreign Direct Investment

user user