Economy

Inflation, the often-discussed economic phenomenon globally, refers to the rate at which prices increase over a specific period. It reflects...

FRCN vows to utilize the extensive expertise of Adoption Readiness Working Group (ARWG) members to ensure robust regulatory oversight for...

The naira value of the federal government’s external debt increased by N17.37 trillion from N16.703 trillion as of December 2022...

Nigeria continues to grapple with dwindling revenue amidst rising fiscal expenditure, with debt servicing gulping a huge chunk of government...

In February 2024, the cost to refill a 5kg cylinder of Liquefied Petroleum Gas (Cooking Gas) rose to N6,154.50, marking...

Not less than 31 state governments in Nigeria borrowed N457.17 billion to pay salaries to their respective state civil service...

Data released by DMO reveals the total domestic debt stock of the 36 states and the Federal Capital Territory (FCT)...

Major staple food prices across Nigeria increased by double figures month-on-month according to the NBS latest food price watch.

Nigeria's allocation of public funds towards critical sectors to essential infrastructure falls short of meeting the demands of a population...

Despite a strengthening national currency against the US dollar, the upward trajectory of major food item prices persists, further diminishing...