Economy

Latest Economy News

Nigeria loses $18.6bn in foreign investment over four years – Report

Foreign investment into the biggest economy in Africa fell by $18.6 billion

Bisola David Bisola David

Nigeria has best return on investments, Tinubu tells Indian investors

Kazeem Owoseni     President Bola Ahmed Tinubu has commended the new

Alade Abayomi ADeleke Alade Abayomi ADeleke

NGX ASI rises as gain exceeds 68,000 basis points

The Nigerian Exchange Limited's All-Share Index reached an all-time high of 68,279.14

Bisola David Bisola David

Financial stakeholders demand improvement of African economy

Financial sector stakeholders have stated that cooperation amongst all sectors is necessary

Bisola David Bisola David

Nigeria’s GDP rose 19.54% in Q2 2023 – Report

In the second quarter of 2023, ICT-related activities accounted for 19.54% of

Bisola David Bisola David

CBN threatens BDC crackdown as naira falls to 900/$

The naira lost value on the parallel market on Wednesday, ending the

Bisola David Bisola David

Nigeria’s inflation hits 24.08% – NBS

The National Bureau of Statistics has revealed that Nigeria’s inflation rate rose

Alade Abayomi ADeleke Alade Abayomi ADeleke

Nigeria lost $7bn to flood in 2022 – Shettima

The Vice President of Nigeria, Kashim Shettima disclosed at the UN Framework

Bisola David Bisola David

Inflation: Nigeria doing better than other African countries – CBN

According to the Central Bank of Nigeria, the country's inflation rate is

Bisola David Bisola David

Tinubu’s tax committee chair demands diesel VAT suspension

The chairman of the presidential committee on tax policy and fiscal reforms,

Bisola David Bisola David

Nigeria sits top of global unemployment rating – Report

Nigeria has the highest rate of unemployment according to a review of

Bisola David Bisola David

Naira rises 4.31% at investors, exporters window

The naira strengthened against the dollar on Friday, trading at N743.07 in

Bisola David Bisola David