- Thursday, June 11, 2026
BusinessDay
Francis Edidiong, a computer engineer, lives in Bogije in the Ibeju-Lekki area of Lagos and works with an information technology...
Commercial banks’ deposits with the Central Bank of Nigeria (CBN), known as Standing Deposit Facility (SDF) has dropped by 95.82...
Inflation in Africa’s biggest economy accelerated the most in Bauchi Rivers, Ondo, Kogi, and Anambra in February on a year-on-year...
Capital investments into Nigeria declined sharply by over 20 percent to $5.32 billion in 2022 from $6.70 billion recorded in...
The naira notes scarcity in Nigeria continued to have a severe impact on business conditions as it contracted for the...
The pain of severe dollar shortage is bitting deeper in Africa’s biggest economy as foreign direct investment (FDI)...
India, the world’s second most populous country, does have a lesson for Africa’s most populous nation on how to be...
Nigeria’s spiraling inflation rate has eroded the N30, 000 monthly minimum wage by more than 40 percent since 2019, a...
Nigeria’s Foreign Direct Investment (FDI) plunged by 33 percent to $462.91 million, the lowest level since 2017, data from the...
KPMG predicts Nigeria’s GDP to continue to grow at a relatively slow pace of 3 percent in 2023 due to...
Foreign direct investment into Nigeria plunged by a third last year as a severe dollar shortage deterred global investors from...
Naira fell to an all-year low on the first trading day of April, following increased demand for dollars amid declining...
Nigeria’s debt per citizen has hit N217,136 ($484) amid rising poverty across states, according to analysis of data by BusinessDay....
The naira redesign policy of the Central Bank of Nigeria (CBN) has produced more losers than gainers as the cash...
As the cash crunch eases with banks now making cash available through the automated teller machines (ATMs) and banking halls,...
