Economy

Nigeria’s Central Bank Governor, Godwin Emefiele said on Tuesday that the apex bank expects continued uptick in inflationary pressures as the country battles the impact of Covid-19 pandemic…

Companies listed on the Nigerian Stock Exchange (NSE) have been releasing their earnings forecast for Q4 2020, but their share prices have remained flat as investors ignore the stock market.…

Nigeria's inflation rate is expected to moderate toward the end of fourth quarter of 2020, Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), said on Tuesday. Emefiele, in a…

Akwa Ibom State is groaning over its dwindling revenue as the federal government has withheld the payment of the 13 percent derivation fund which accrues to oil-producing states as…

Nigeria which faces a second recession in four years can speed up the recovery of her economy by stepping up efforts at easing pressure on the foreign exchange market, the World Bank has…

The rising spate of food prices coupled with the recent hike in fuel and electricity costs is causing a strain on the already-squeezed purchasing power and income of Nigerian households,…

Business leaders and operators of the Nigerian capital market say they need to see more policy framework that would encourage all types of investors to take the leap into the market. This…

President Muhammadu Buhari’s directive to the Central Bank of Nigeria (CBN) to place a ban on FX for food importation, if implemented, would mean that food importers in Nigeria would not be…

President Muhammadu Buhari on Thursday warned the Central Bank of Nigeria (CBN) not to fund requests to import food and fertilizers into the country. Buhari gave the directive at a…

Nigeria’s renewed push to reform its power and petroleum sectors by doing away with subsidies and enthroning a market-based pricing system is being undermined by the country’s foreign…