Economy

FG targets 0.6% poverty rate, 6.3% unemployment rate by 2030

The Federal Government says it targets to reduce poverty rate to 0.6 per cent…

World Bank urges African countries to support local businesses

The World Bank has called upon countries in sub-Saharan Africa, including Nigeria, to implement…

N1.1trn to FG, states, LGAs in August

The Federation Account Allocation Committee has disbursed a total of N1.1 trillion to the…

Ebonyi, Abia top list as food prices jump by 31%

Food prices in Nigeria jumped by 31% in 12 months from July 2022 to…

FG attempt to attract foreign investors won’t yeild results – Peter Obi

The Labour Party's presidential nominee, Peter Obi, has stated that the Federal Government's attempt…

Naira hits N1,000$ in black market

The foreign exchange crisis in Nigeria deepened on Thursday as the exchange rate for…

CBN introduces new online platform for microfinance license applications

The Central Bank of Nigeria has launched an online platform called the CBN Licensing,…

Lagos, Rivers, Kogi most expensive states to live in

The latest Consumer Price Index statistics released by the Nigeria Bureau of Statistics show…

Nigeria’s inflation rises to 25.80%

Nigeria has witnessed a surge in its inflation rate, which rose to 25.80 percent…

NPA facilitates movement of 150 export containers daily

The Nigerian Ports Authority announced on Wednesday that it has successfully enabled the movement…

CBN denies plans to crash exchange rate to N1.25/$

The Central Bank of Nigeria has refuted claims of a purported plan to drastically…

CBN: Tinubu’s special investigator begins probe

Fear and uncertainty have gripped the upper echelons of the Central Bank of Nigeria…

Nigeria ready to play major roles at G-20 – Tinubu

President Bola Tinubu, speaking at the 18th G-20 Leaders' Summit in New Delhi, India,…

Falana urges Nigerians to use naira for Chinese transactions

Femi Falana, a Senior Advocate of Nigeria, has urged the Nigerian business community to…