Economy

The headline inflation rate in August 2024 stood at 32.15%, marking a slight decrease of 1.25%-points from 33.40% in July...

Nigeria’s foreign exchange (FX) unification policy, implemented by the Central Bank of Nigeria (CBN) in June 2023, aimed to simplify...

Nigeria’s headline inflation rate eased to 32.15% in August 2024 down from the 33.40% recorded in July 2024, reflecting a...

The Group Managing Director of United African Company (UAC), Fola Aiyesimoju has stated that the company has had to increase...

Nigeria’s foreign exchange (FX) reserves rose by $621.2 million in 10 days following the successful sale of a domestic dollar...

The soaring inflation and rising cost of living in Nigeria have impacted various sectors of the economy, and the domestic...

Nigerian businesses are facing unprecedented challenges in maintaining profitability and securing capital due to soaring inflation and escalating interest rates.

A small but notable portion of Nigerians believes that increasing interest rates would be the key to improving the country’s...

The International Monetary Fund (IMF) has urged Nigeria to expand its cash transfer program to include rural areas in response...

The Federal Government has unveiled details of its bold and strategic plans to generate at least $100 billion and create...