The Purchasing Managers’ Index (PMI) for January 2025 stood at 50.2 points, signaling an expansion in economic activities for the...
More foreign currency entered the economy in the past one year as the net foreign exchange (FX) surged by 245.9...
… analysts say 2025 may not be different If history is anything to go by, Nigeria’s economy is set for...
The 2024 Nigeria Tax Bill has proposed value-added tax (VAT) exemptions on items such as baby products, locally manufactured sanitary...
The Senate has passed a harmonized 2024 budget Appropriation Bill totalling N54.9tn for a third reading. ...
…says M&A activity, licence downgrades likely among third-tier banks Fitch Ratings has said that Nigerian banks are making significant progress...
Nigeria’s storage infrastructure crisis presents an opportunity worth as much as N160 billion in market valuation, according to the GMI...
More Nigerians are planning to spend this year’s Valentine’s Day, defying economic hurdles that have crippled purchasing power, according to...
The House of Representatives has taken an important step toward changing Nigeria’s tax system by approving four tax reform bills...
The federal government is banking on increased agricultural production, not price controls, to bring down rising food costs across Nigeria,...
The Naira on Tuesday depreciated against the dollar across foreign exchange (FX) markets as demand resurfaced. After trading on Tuesday,...
Nigeria’s Customs Service has hit the pause button on a new fee that would have made importing goods more expensive....
The battle against spiraling inflation entered a new phase with the Central Bank of Nigeria’s plan to adopt an inflation...
Inflation in Nigeria is expected to experience a significant decline in 2025, driven by a combination of factors, such as...
…Deplete by $1.38bn year-to-date to $39.497bn Nigeria’s foreign exchange reserves have depleted by $1.38billion since this year, reaching $39.497billion as...