Economy

Ibrahim Idris, a 47-year-old farmer in Chikun Local Government Area of Kaduna State, grows tomato and pepper 683.1 kilometres away from the Mile 12 Market in Lagos State – where the bulk of…

The business of local in-flight catering is currently hurting, as some airlines operating in Nigeria have failed to resume these services on the local routes. Ticket prices have however…

Nigeria’s private companies are adopting several measures to hedge their businesses against the potential fallout from the rise of COVID-19 third wave. Some employers, who were hard hit…

The five trading days foreign exchange market ended on Friday with Nigeria's currency losing 2.18 percent to the dollar at the parallel market popularly called black market, as uncertainty…

Economic activities are gradually picking up in Nigeria but the pace is not enough for jobs to be rapidly created, or for those who were disengaged to find replacements. This is especially…

The second-quarter gross domestic product (GDP) figures for Nigeria are expected to show as much as a 7.9 percent growth rate. This is the most robust quarterly growth in over eight…

Nigeria's GDP per capita income or what economists interpret as economic growth per head is projected to rise in 2022, after seven years of decline following a growth forecast of three…

Liquefied Petroleum Gas (LPG), otherwise called cooking gas, is a necessity for every Nigerian due to its time-efficient and non-polluting properties over other petrochemical fuels like…

Nigeria's near-term economic growth is made more uncertain by high inflation which is affecting business sentiments and consumer purchasing power. The Nigerian economy is expected to grow…

Food prices in Africa’s most populous nation are to keep surging as naira – the country’s currency - has weakened to a three-year low in the parallel market, compounding the challenge of…