Category: Economy

Nigeria, others impacted by under-utilisation of mineral resources – Minister

Despite huge deposits, Nigeria and other African countries suffer from the under-utilisation of mineral resources,...

World Bank faults Buhari regime’s response to inflation

The World Bank has faulted the response of the regime of the President, Major General...

Dollar may hit N700 by Q4 2022 – BDC

Major players in the Bureau de Change market have lamented the rise in the dollar,...

Inflation, fuel scarcity’ll weaken Nigeria’s economic growth – World Bank

The World Bank has predicted that Nigeria’s economic growth will be affected by fuel scarcity...

China boosts ties with Nigeria, unveils new trade association

In a bid to strengthen the Nigeria-China relationship, the Counsel General of the People’s Republic...

Fuel queues enter third day in Lagos, Ogun

Fuel queues have reached its third day in Lagos, Ogun, and other parts of the...

Fuel queues enter third day in Lagos, Ogun

Fuel queues have reached its third day in Lagos, Ogun, and other parts of the...

Lagos to promote inter-African business through trade fair

The Vice President & Chairman, Trade Promotion Board, Lagos Chamber of Commerce and Industry, Leye...

Homebuyers feel inflation squeeze amid recession fears

While the housing market continues to get battered by rising interest rates and sky-high prices,...

Debt servicing doubles, hits N896bn in three months – DMO report

Nigeria’s debt-servicing bill has increased by 109 per cent to N896.56bn, according to data obtained...

43% homeowners delayed improvements due to inflation – Report

Sixty per cent of homeowners, in a recent survey, said they were less comfortable making...

Inflation to push 15 million Nigerians into poverty –World Bank

The World Bank has said that inflation shock is projected to push about 15 million...