The International Monetary Fund has sounded the alarm regarding the adverse effects of high inflation on the consumption of goods and services, and it has downgraded...
Nigeria’s capital imports declined by 30.42% annually in the first half of 2023, from $3.11 billion to $2.16 billion, according to the National Bureau of Statistics....
The Deputy Speaker of the House of Representatives, Benjamin Kalu, has condemned Nigeria’s reliance on debt, saying that the country needs to be self-sufficient and independent...
Germany’s trade with Nigeria hit the €3 billion mark in 2022, up from €2 billion in 2021, according to German Ambassador to Nigeria Annett Günther. Germany...
A lawyer representing President Bola Tinubu in his Chicago State University saga, Wole Afolabi, has justified why the president’s Chicago CSU certificate indicates female. Afolabi, who...
The Federal Government says it targets to reduce poverty rate to 0.6 per cent and unemployment to 6.3 per cent by 2030 and 2050. The Minister...
The World Bank has called upon countries in sub-Saharan Africa, including Nigeria, to implement cost-effective private sector reforms, enforce policies consistently across firm sizes, and align...
The Federation Account Allocation Committee has disbursed a total of N1.1 trillion to the Federal Government, States, and Local Government Areas for the month of August...
Food prices in Nigeria jumped by 31% in 12 months from July 2022 to July 2023, with Ebonyi and Abia state recording the highest increases, according...
The Labour Party’s presidential nominee, Peter Obi, has stated that the Federal Government’s attempt to attract foreign investors abroad will yield no results without the establishment...
The foreign exchange crisis in Nigeria deepened on Thursday as the exchange rate for the US dollar surged to over N1,000 at the parallel market, according...
The Central Bank of Nigeria has launched an online platform called the CBN Licensing, Approval, and Other Requests Portal to simplify the process of applying for...
The latest Consumer Price Index statistics released by the Nigeria Bureau of Statistics show that Kogi, Lagos, and Rivers are the most expensive states to live...
Nigeria has witnessed a surge in its inflation rate, which rose to 25.80 percent in August, up from the 24.08 percent recorded in July, marking the...