Economy

Slow-down in rights issuance of listed companies on the Nigerian Stock Exchange (NSE) market in the first quarter of 2019 is a mere reflection, amongst other factors, the struggling state of…

The Nigerian economy realised N1.103 trillion from internally generated revenue (IGR) in 2018. At the rate of N360/$, the total revenue generated would amount to $3.07 billion. The story is…

One common denominator among economic commentators in Nigeria is to assume that the local manufacturing sector imports more inputs than it sources locally. From economic to investment…

Nigeria is a much more important country than most people in the U.S. probably realize. With more than 190 million people, it’s Africa’s largest country by far (Ethiopia, the second-largest,…

Foreign investors seeking to pump dollars into the Nigerian economy are confronted with three major challenges bordering on slow pace of the country’s economic growth, multiple exchange…

The Central Bank of Nigeria (CBN) on Wednesday commenced the process of developing the Payments System Vision (PSV) 2030 strategy document, which will define the strategic agenda for…

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has decried Nigeria's over-reliance on crude oil for government revenue, even as he expressed concern that economic saboteurs…

President Muhammadu Buhari is presently presiding over the last Federal Executive Council meeting under the current dispensation that will consider and approve projects for execution.…

Nigeria’s inflation rate rose at a faster pace in April for the first time this year triggered by higher food prices, which accelerated the most in the last one year, latest Consumer Price…

The average prices paid by consumers for household kerosene and diesel in Nigeria rose to their highest levels in more than two years in April 2019, latest data from the National Bureau of…