Africa is set to be the second-fastest growing region in the world after Asia in 2023-24, demonstrating the resilience of its economy despite dealing with multiple...
The African Development Bank (AfDB) says Nigeria and other economies of Africa is projected to grow by 4.1 per cent in 2023 and 4.3 per cent...
By Christy Animam Nigeria’s Gross Domestic Product slowed to 2.31 per cent in real terms during the first quarter of 2023. In a report titled Nigeria...
The Nigerian Naira experienced a significant decline against the US Dollar in the black market, settling at an average exchange rate of N760/$1 on Monday, May...
Federal High Court sitting in Lagos has fixed May 24 to hear a suit filed by a former lawyer with the Economic and Financial Crimes Commission...
Vice-President Prof. Yemi Osinbajo has described Oguta Lake to Orashi hydrographic survey and dredging project as a gamechanger as the project commence today. Speaking at the...
Source: Bank of England Monetary Policy Summary, May 2023 The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target,...
By CSL Research Team According to newspaper reports, the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, stated that foreign exchange repatriation into Nigeria...
Nigeria has lost its status as Africa’s largest oil producer to Angola as Africa’s largest economy saw its oil output decline the most in April among...
As Production Drops to 1.25 Million Barrels Per Day Average oil production in Nigeria has reduced to 1.25 million barrels per day, latest data obtained from...