Crypto Weekly Roundup: Global market sheds $200 billion amid security breach
The global cryptocurrency market experienced a significant downturn in the week ending February 22, 2025, shedding approximately $200 billion in...
Market Relief: Food prices drop after months of soaring costs
The prices of major staple food items in Lagos State experienced a significant decline in February 2025, following months of...
Experts predict inflation rate to decline between 27% and 30% in 2025 due to rebasing
Economic analysts and industry experts anticipate that Nigeria’s inflation rate will moderate between 27% and 30% by the end of...
Okomu Oil reports pre-tax profit of N52.05 billion in 2024, 58% increase as local sales soar
Okomu Oil Palm Plc has reported a pre-tax profit of N52.05 billion for the 2024 financial year, according to its...
Nigeria’s Eurobond yield drops to 39-day low as investor interest rises
Average Nigeria’s Eurobond yield declined to 9.13% on Tuesday, February 4, 2025, down from 9.21% recorded the previous day, marking...
Nigeria, emerging markets face stop in capital flows over Trump policies – JP Morgan
US bank JP Morgan has warned that emerging economies like Nigeria may face a significant outflow of capital if former...
Why the Naira will be stable in 2025
A recent report by Bayo Adedipe and Associates suggests the Naira will settle at N1,574/$1 in 2025. For context, the...
December inflation rate to follow old base year while January inflation the new base year
The National Bureau of Statistics (NBS) stated during a workshop this January that the inflation rate for December 2024 will...
Why the Naira could depreciate in 2025
The year 2025 is shaping up to be a year of hope or hubris for the Naira. Optimists believe that...
We recomputed November 2024 inflation using the new rebasing and this was the result
The National Bureau of Statistics (NBS) recently released details of its planned rebasing of the data used for computing Nigeria’s...
