The average prices of rice, garri and beef rose 27.4 per cent in March, the most among selected food prices for the period, data from the NBS. ...
The U.S. Federal Reserve’s decision to push planned interest rate cuts further into the year due to higher-than-expected inflation will...
Analysts at Agusto & Co, a Nigerian credit rating company, has said that the Federal Government’s plan to reach a...
When economic instability disrupts the initial equilibrium, a new balance emerges, often driven by factors like inflationary pressure and exchange...
Money outside the banking system, also known as currency outside banks (COBs) rose by 10.67 percent in the first quarter...
Nigeria’s debt rating outlook was lifted by Fitch Ratings to positive from stable, six months after it said that reform...
Business activity in Nigeria rose to the highest in three months in April 2024 as a result of the improvement in the strength of its currency....
Governor Umo postponed the announcement of the new minimum wage "until further details" are made available to guide its implementation....
The naira on Tuesday recovered from the previous day’s loss, gaining N28.15 (2.02%) against the US dollar at the official...
Several nano businesses are yet to receive cash from a N50 billion grant set aside for them by the Federal...
The naira on Monday fell to 1,419.11 per dollar, the lowest since March 13, 2024 at the official foreign exchange...
By Oluwatobi Ojabello and Wasiu Alli Abiodun Oyekan, a capital market analyst, aptly compared evaluating a nation’s economic health to...