Economy

Nigeria’s money supply (M3) has surged to nearly N100 trillion, hitting a new peak of N99.24 trillion in May 2024. 

Nigeria’s total capital importation rose by 210.16% in the first quarter of 2024 from $1.08 billion recorded in the Q4,...

The Centre for the Promotion of Private Enterprise has said that an executive order removing duties on pharmaceutical imports will...

Nigerian states have witnessed a significant surge in their external debt servicing obligations, marking a 123% increase in the first...

The World Bank has highlighted factors that could lead to a decline in remittance inflow to Nigeria and other countries...

According to Maida, the sector has done well with its current 14.58% contribution but it could do better if current...

Nigeria emerged as a major recipient of diaspora remittances in Sub-Saharan Africa, capturing approximately 35% of the region’s total inflows...

Nigeria's debt-to-GDP ratio crossed 50% for the first time ever last week after the Debt Management Office published the country's...

In May 2024, Nigeria experienced a headline inflation rate of 33.95%, up from 22.41% in May 2023, reflecting significant economic...

The average fare paid by commuters per drop for intercity bus travel within Nigeria in May 2024 was N7,129.46, a...