In a recent statement, Dr. Olayemi Cardoso, the Governor of the Central Bank of Nigeria, outlined key steps to propel the nation’s economy towards the ambitious...
In a notable economic achievement, Nigeria’s gross domestic product (GDP) experienced a substantial surge, marking a robust growth of 2.54% in the third quarter (Q3) of...
The Nigerian naira experienced a significant downturn on Thursday, reaching N956/$ on the official Investor and Exporter forex window. This plunge, representing a 13.78% decrease from...
The Nigerian National Petroleum Company Limited (NNPCL) has boldly declared its commitment to cease the importation of refined petroleum products by December 2024. The announcement was...
The Federal Government has faced strong criticism from labour unions after cutting the supplementary budgetary allocation for wage awards to federal civil servants by N100bn. The...
Nigeria’s currency, the naira, witnessed a decline against the US dollar for the second time this week, according to official data from FMDQ. At the close...
The Federal Government has formally requested the Supreme Court to extend the validity of old naira notes as legal tender beyond the stipulated December 31 deadline....
Controversy surrounds President Bola Ahmed Tinubu’s administration as bankruptcy claims and economic challenges take center stage, intensifying the hardships faced by Nigerians. In a recent statement,...
In a concerning trend, Nigeria is grappling with escalating inflation, pushing more citizens into poverty under President Bola Ahmed Tinubu’s administration. Headline inflation has surged 24...
Nigerians grappling with the challenges of rising inflation and a depreciating naira find themselves in a heightened state of economic anxiety as the Central Bank of...