The National Bureau of Statistics (NBS) has explained why Nigeria’s headline inflation rate dropped to 24.48 per cent in January 2025 after rebasing. The Statistician-General of...
Nigeria’s headline inflation rate has dropped to 24.48% in January 2025, down from 34.80% in December 2024. The National Bureau of Statistics (NBS) announced this on...
Nigeria’s currency, naira, took a dip in the foreign exchange (FX) market on Monday as the local currency closed lower against US dollar at both official...
Nigeria earned this appellation by promoting digital enterprise and innovation under the Africa Continental Free Trade Area (AFCFTA) Digital Trade protocol
Nigeria's AfCFTA Office says it will undertake a study to identify 10 top traded products by women and youths.
The Minister of Solid Minerals Development, Dr. Dele Alake has revealed that Nigeria has started seeing positive results from its efforts to promote the country’s mining...
The African Development Bank (AfDB) has signed a $700,000 Donor Contribution Agreement with United States government to develop a credit rating platform for Africa. The agreement...
The National Bureau of Statistics (NBS) has reported that Nigeria’s inflation rate rose to 34.80% in December 2024, reflecting a slight increase from the 34.60% recorded...
The move by the Nigerian Police Force (NPF) to pull out of the Contributory Pension Scheme (CPS) could cause damage of up to N5 trillion to...
The Federal Government has expressed confidence in achieving its N36.35 trillion revenue target for 2025 as economic reforms continue to take shape under President Bola Tinubu’s...
The Director General of the World Trade Organization (WTO), Dr. Ngozi Okonjo-Iweala, has revealed that Nigeria and three other African countries could share in a projected...
The inflation figure for December 2024 is expected to rise further on the back of price pressure. This was revealed in the Cowry Weekly Financial Markets...
The Lagos State Internal Revenue Service (LIRS) has issued a reminder to all employers in Lagos State to fulfill their statutory obligation to file annual tax...
CBN Halts Export Proceeds Repatriation Extensions The Central Bank of Nigeria (CBN) has announced an immediate suspension of approvals for the extension of export proceeds repatriation...
The Dangote Petroleum Refinery retained 13% of Nigeria’s crude oil exports as domestic supply in 2024, a new report by Reuters has stated. The report originally...
China Development Bank has released a $254.76 million loan to Nigeria for a railway project linking the two northern states of Kano and Kaduna. The stated...
By Collins Nweke Nigerians who have been crying over harsh times and excruciatingly high cost of living have recently been told that theirs is no...
