The gap between the naira-dollar exchange rates at the official and parallel foreign exchange markets has continued to widen due...
For the second year in a row, Nigeria has ranked 103rd out of 121 countries in the recently released 2022...
Nigeria’s government plans to convert at least 20 trillion naira ($45.4 billion) of loans taken from the central bank to...
There are growing agitation by Nigerians for a full-scale investigation into the huge flooding in most of the country’s food...
There are fresh danger signs ahead for the draft 2023 appropriation bill following indications from the last debt auction which...
The current plight of Nigerians facing the severe impact of flooding across the country has raised questions over the country’s...
Banks in Nigeria have started cutting the maximum amount of Personal Travel Allowance (PTA) that customers are allowed to access,...
The International Monetary Fund (IMF) has advised policymakers in Nigeria and other countries in sub-Saharan Africa to respond to rising...
For every naira spent on capital expenditure (capex), Nigeria has spent nearly two times more servicing a ballooning debt stock...
Kogi, Rivers, Ebonyi, Bauchi, and Gombe states recorded the fastest yearly rise in prices across the country, data compiled from...
Nigeria’s local currency unit is set to weaken further next year as its current exchange rate to the dollar is...
The Naira on Monday appreciated slightly by 0.03 percent against the dollar despite low foreign exchange transactions at the Investors...
Nigeria, Africa’s most populous nation, is seeing fresh spikes in food prices following the devastation of thousands of farmland in...
Nigerian consumers are not benefiting from the drop in global commodity prices as food inflation hits 23.34 percent in September,...
Nigeria’s headline inflation rate accelerated for the eighth consecutive month in September to 20.77 percent as weak naira stoked a...