Economist and Managing Director of Financial Derivatives, Bismarck Rewane, has stated that the latest directive of the Central Bank of Nigeria to International Oil Companies on the sale of foreign…
The National Bureau of Statistics, NBS, has disclosed that Nigeria’s headline inflation rate increased to 33.20 per cent in March 2024, up from 31.70 per cent in February 2024. This…
President Bola Ahmed Tinubu on Friday reviewed the performance of the economy since he assumed office and declared that it would roar back to glory in the coming months. But…
The World Bank has said that the lower-than-average growth in Nigeria will hold back the sub-region’s economic performance. The Washington-based lender in a report on the economic outlook of Western…
Nigerians especially men who are heads of their respective families have been tasked to always take solace in the word of God and 'think outside the box' by the use…
The Monetary Policy Committee of the Central Bank of Nigeria has voted to increase the benchmark interest rate by 400 basis points to a record 22.75 per cent. The MPR…
The Nigeria Labour Congress, (NLC), has said that at least fifty million Nigerians go to bed hungry due to the economic hardship in the country. Speaking in Abuja on Tuesday,…
The nation’s Gross Domestic Product growth fell to 2.74 per cent in 2023 from 3.10 per cent in 2022, according to new GDP report released by the National Bureau of…
The federal government has threatened the possibility of opening the borders to cement importation if Nigerian cement manufacturers refuse to play ball on cement reduction in the country. It also…
The presidential candidate of the People's Democratic Party, PDP, in the 2023 election, Atiku Abubakar has revealed the cause of massive hunger and hardship in the country. He accused President…