Nigeria’s inflation hits 18.6%, highest in five years
The Consumer Price Index, which measures the rate of change in prices of goods and services, surged to 18.60 per cent in…
Economy
External reserves get $679.12m boost in one month
Figures obtained from the Central Bank of Nigeria have revealed that the country’s external reserves returned to a growth path after gaining…
China gifts Zimbabwe $160m parliament building
China is strengthening its influence in African countries with its economic input in helping black nations develop and grow their economies. China…
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, the Minister of Mines and Steel Development,…
World Bank faults Buhari regime’s response to inflation
The World Bank has faulted the response of the regime of the President, Major General Muhammadu Buhari(retd), to the inflation suffered by…
Dollar may hit N700 by Q4 2022 – BDC
Major players in the Bureau de Change market have lamented the rise in the dollar, saying the foreign currency price could get…
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 and rising inflation in the country. This…
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 of China, Chu Maoming inaugurates Nigeria Anhui…
Fuel queues enter third day in Lagos, Ogun
Fuel queues have reached its third day in Lagos, Ogun, and other parts of the country. The situation has made the black…
Fuel queues enter third day in Lagos, Ogun
Fuel queues have reached its third day in Lagos, Ogun, and other parts of the country. The situation has made the black…
Lagos to promote inter-African business through trade fair
The Vice President & Chairman, Trade Promotion Board, Lagos Chamber of Commerce and Industry, Leye Kupoluyi, has said the Lagos International Trade…
Homebuyers feel inflation squeeze amid recession fears
While the housing market continues to get battered by rising interest rates and sky-high prices, Redfin’s CEO warned that homebuyers are feeling…