Economy

The cost of servicing Nigeria’s foreign debt has surged by 107.7% to reach N3.8 trillion, significantly exceeding the projections outlined...

Nigeria's President Bola Tinubu and Indian Prime Minister, Narendra Modi, have directed their officials to finalise pending bilateral trade agreements...

The Federal Government of Nigeria has projected a fiscal deficit of N13.08 trillion in 2025, an increase from the estimated...

Nigeria's Vice President, Kashim Shettima, has predicted that the country's economy will grow in "leaps and bounds" by 2025. 

The New Delta Coalition, a prominent pressure group, has raised concerns over the low Internally Generated Revenue (IGR) figures in...

The Federal Government has requested a $1 million grant from the African Development Bank (AfDB) to provide emergency food aid...

The price of locally produced paddy rice is expected to surge by approximately 55% during the 2024/2025 season, exacerbating the...

The federal government is set to rebase the country’s Consumer Price Index (CPI) and Gross Domestic Product (GDP) by 2025...

Nigeria’s debt-to-GDP ratio rose to 55% as of June 2024, marking a significant increase from 42.4% in December 2023. 

Using data from the NBS on inflation rates, here is an analysis of the ten most expensive states in Nigeria...