Nigeria’s headline inflation rate rose to 32.70% in September 2024, up from 32.15% in August 2024, reflecting a 0.55% increase. This was disclosed by the National...
The supply of crude oil in naira to the Dangote Petroleum Refinery by the Nigerian National Petroleum Company Limited (NNPCL) is to last for six months...
Taxes paid by Nigerians involved in the wholesale and retail trade, as well as the repair of motor vehicles and motorcycles, surged by 49% in the...
The Central Bank of Nigeria (CBN) will implement electronic foreign exchange matching systems (EFEMs) for foreign exchange transactions in the Nigerian foreign exchange market on December...
The Nigerian unemployment rate increased to 5.3 percent in the first quarter (Q1) of 2024 from 5.0 percent reported in 2023. However, the report showed that...
The Central Bank of Nigeria (CBN) has approved another sale of foreign exchange (FX) to eligible bureau de change (BDC) operators at N1,590 per dollar to meet...
The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) has raised the benchmark interest rate in the country by 50 basis points to 27.25%, the...
Nigeria’s high inflation rate which was 32.15% in August has continued to impact the prices of energy, with the rates paid by Nigerians for cooking gas...
The supply of the Dollar and other currencies increased by 117% at the foreign exchange market as the Naira strengthened on Friday. Data obtained from FMDQ...
Nigeria’s headline inflation rate decreased to 32.15 per cent in August 2024 despite the recent hikes in the pump prices of petrol nationwide, the latest data...