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Economy

Latest Economy News

Naira drops 11.4% to N927/$1 on official market

The Nigerian Autonomous Foreign Exchange Market, the official FX window, saw a

Bisola David Bisola David

GDP experiences slow growth, climbs 2.54% in Q3 – NBS

The National Bureau of Statistics has stated that Nigeria's GDP grew slightly in

Bisola David Bisola David

Edo’s GDP grows by 140% in seven years

The GDP of Edo State expanded by 140% in just seven years,

Bisola David Bisola David

Naira closes at N1,100/$ on parallel market 

This week, the naira's value in the parallel market dropped by 15.79

Bisola David Bisola David

China’s slowing economy will affect Nigeria – IMF

The International Monetary Fund has revealed that Nigeria's economic situation is expected

Bisola David Bisola David

Naira falls further to N1,080 against dollar

The naira continued to fall against the dollar on Tuesday, dropping to N1,080/$

Bisola David Bisola David

BDC operators warn currency speculators as naira gains

The Nigerian Association of Bureau de Change Operators has cautioned currency speculators

Bisola David Bisola David

CBN debunks naira redenomination plans

The Central Bank of Nigeria on Tuesday, refuted claims that it has

Idowu Abdullahi Idowu Abdullahi

Naira falls to 801.1/$ at official market

The naira fell to the dollar by 1.1 per cent on the

Bisola David Bisola David

NGX All-Share Index grows 0.5% as stock market recovers

The All-Share Index increased by 0.5% to reach 67,217.77 points, marking the end

Bisola David Bisola David

Debt service to revenue hits 183% in 2023 Q1 – FG

In the first quarter of 2023, the federal government's debt service to

Bisola David Bisola David

FG proposes N26tn expenditure in 2024 budget 

The Federal Government has projected N26.01 trillion as expenses for the 2024

Idowu Abdullahi Idowu Abdullahi
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