Credit to private sector declined by N1.07 trillion in January amidst tightened interest rates
Nigeria’s private sector credit recorded a measured decline of N1.07 trillion (1.41%) in January 2025, bringing the total credit to...
Naira shows biggest sign of stability for 2025 after holding firm in February
The Nigerian naira showed its biggest sign of stability in February, despite closing the month 1.6% weaker in the official...
Naira surges in parallel market; hits strongest level against dollar, euro, and pound in February
The Nigerian naira made a significant comeback in February 2025, appreciating against the US dollar, British pound, and euro in...
Nigeria’s Oil refining sector sees first quarterly growth in 5 years, driven by Dangote Refinery
The Nigerian oil refining sector recorded a significant expansion in the fourth quarter of 2024, marking the first quarterly growth...
CBN projects 4.17% GDP growth for 2025 amid declining Inflation
The Central Bank of Nigeria (CBN) has projected a 4.17% Gross Domestic Product (GDP) growth for 2025, attributing this positive...
Q4 2024 GDP growth expected to exceed 3.46%, but full-year growth may fall short, says experts
As Nigeria awaits the release of the Q4 2024 Gross Domestic Product (GDP) report, economic analysts predict that the growth...
Nigeria’s pension industry hits record N4.16 trillion growth in 2024; an all-time high of N22.51trn
Nigeria’s pension industry recorded an impressive growth of N4.16 trillion in 2024, pushing total pension assets to a historic high...
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...
