The naira has plunged to a new all-time low of N615 against the dollar at the unofficial market amid the...
The continuous importation of sugar, especially from the global market to Nigeria, has posed a negative effect on the country’s...
The Federation Account Allocation Committee (FAAC) has shared a total sum of ₦680.783 billion May 2022 Federation Account Revenue to...
The Central Bank of Nigeria has continued to print money to finance the federal government’s budget deficit, a development that...
Nigeria has been grappling with high local and foreign debts servicing which gulped 96 percent of its revenue in 2021....
Nigeria is poised to lose its frontier market status because of persistent foreign-exchange shortages in Africa’s largest economy, reports Bloomberg....
With the cost of everything from food to stationeries going through the roof, a chunk of Nigeria’s middle class is...
Pensioners are among the hardest hit by the high inflation rate in Nigeria as soaring prices of goods and services...
Sesame seeds, which had led non-oil exports in Nigeria for many years, lost its top spot to urea in the...
When the Monetary Policy Committee (MPC) of the Central bank of Nigeria (CBN) raised its key interest rate last month, it...
Nigeria’s interbank market has witnessed liquidity strain in the last three days, declining by 57.69 percent from N78 billion on...
President Muhammadu Buhari, in an interview with Bloomberg published on Tuesday, said Nigeria is better off now than when he...
Governor of Lagos State, Babajide Sanwo-Olu, is expected to chair and lead other renowned experts both in the public and...
Data from the National Bureau of Statistics (NBS) show that value-added tax (VAT) generated in the first quarter of this...
Unemployment continues to be one of the most burning macroeconomic challenges facing Nigeria today. As population growth continues to outpace...