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Naira weakens to N1,493/$1 After CBN MPC Meeting

by Olalekan Adigun

September 24, 2025

Economy

Nigeria’s Revenue Hits N3.65 Trillion in Sept 2025, Up 411% – FIRS

September 24, 2025

Economy

MAN Warns FG Tax Stamp Plan Could Worsen Inflation

September 23, 2025

Economy

CPPE commends CBN’s rate cuts, calls for fiscal reforms to boost growth

September 23, 2025

Home Category Economy

Economy

News and analysis on the Nigerian economy

Socio Economic

FG postpones second batch of Covid-19 vaccination to August 16

by Chike Olisah

August 9, 2021

The Federal Government has postponed the administration of the second batch of the Covid-19 Moderna vaccine donated by the United...

diaspora remittances, Total credit to the economy rose to N19.54trillion – CBN Governor, CRR debits, P-AADS, #EndSARS: CBN says funds in frozen accounts may be linked to terrorist activities, Covid-19: Court closures impacted revenue generation for courts - Emefiele, P&ID dispute: UK Court orders $200 million guarantee to FG, Leaked letter by Poultry Farmers Association triggered CBN emergency approval to import maize, nImplications of CBN's latest devaluation and FX unification, current account deficit, IMF, COVID-19, CBN OMO ban could give stocks a much-needed boost , CBN’s N132.56 billion T-bills auction records oversubscription by 327% , Nigeria pays $1.09 billion to service external debt in 9 months , Implications of the new CBN stance on treasury bill sale to individuals, Digital technology and blockchain altering conventional banking models - Emefiele , Increasing food prices might erase chances of CBN cutting interest rate , Customer complaint against excess/unauthorized charges hits 1, 612 - CBN , CBN moves to reduce cassava derivatives import worth $600 million , Invest in infrastructural development - CBN Governor admonishes investors , Credit to government declines, as Credit to private sector hits N25.8 trillion, CBN sets N10 billion minimum capital for Mortgage firms, CBN sets N10 billion minimum capital for Mortgage firms , Why you should be worried about the latest drop in external reserves, CBN, Alert: CBN issues N847.4 billion treasury bills for Q1 2020 , PMI: Nigeria’s manufacturing sector gains momentum in November, CBN warns high foreign credits could collapse Nigeria’s economy, predicts high poverty, MPC Member, BVN, Fitch, Foreign excchange (Forex), Overnight rates crash after CBN’s N1.4 trillion deduction, Nigeria’s foreign reserves hit $36.57 billion; Emefiele keeps his word on defending the naira, CBN to support maize farmers, projects 12.5 million metric tons in 18 months, BREAKING: CBN Upscales Greenwich Trust Limited, grants it's operational license for merchant banking, AGSMEIS: CBN expand beneficiaries to 14,638., CBN expands access to mortgage financing

Macros

Nigeria’s foreign reserve rises by $79.1 million in July 2021

by Samuel Oyekanmi

August 5, 2021

Since the external reserve started recording consistent positive growth, the reserve has gained $314.7 million in 12 days.

Business News

Covid 19 Spike: Can Nigerians survive another lockdown?

by William Ukpe

August 5, 2021

Nigeria is unofficially experiencing the 3rd wave of covid-19 outbreak, with the nation’s commercial capital, Lagos State as the hotbed...

NCDC warns Nigerians against use of chloroquine for COVID-19, COVID-19: Three Dead As Nigeria Records 505 New Cases, Nigeria records 1,149 new Covid-19 cases, highest in 6 months

Socio Economic

COVID-19: 3 dead as Nigeria records 505 new cases

by Chidinma Anyalewechi

August 4, 2021

The Nigeria Centre for the Disease Control (NCDC) has disclosed in an update on its website that it has recorded...

Minster for health, FG ignores travel ban calls despite Uganda, US, others move against coronavirus, FG reports 10 new cases of COVID-19, COVID-19: FG to inaugurate 18-man vaccine task team, , FG to establish responsive National Emergency Medical service and Ambulance System - Minister, Covid-19: Nigeria to receive 40 million vaccines by end of 2021- FG

Socio Economic

Covid-19: Nigeria to receive 40 million doses of vaccines by end of 2021

by William Ukpe

August 3, 2021

The Federal Ministry of Health disclosed that Nigeria expects to receive up to 40 million doses of Moderna vaccines by...

Macros

Nigerians spend over N100 billion on browsing in 2020

by Samuel Oyekanmi

August 3, 2021

Nigerians spent over N100 billion on internet data, as lockdown measure forces them home

COVID-19: Nigeria occupies 6th position in recovery rate in West Africa

Socio Economic

Covid-19: 32 Delta variant cases discovered in 5 states, 9 infections in Akwa Ibom

by William Ukpe

August 3, 2021

The Nigeria Centre for Disease Control (NCDC) has stated that the 3rd wave of Covid-19 in Nigeria has produced 32...

Covid-19: AstraZeneca vaccine gets huge boost, produces immune response in elderly, Vaccine, COVID-19: Russia to roll out vaccine in September ahead of the West

Socio Economic

Covid-19: Nigeria receives 4 million doses of Moderna vaccines

by William Ukpe

August 2, 2021

Nigeria’s fight in the rising 3rd wave of COVID-19 got a boost as the Federal Government announced the arrival of...

Corporate Nigeria attracts $8.57 billion funding in 2019

Macros

Foreign direct investment into Nigeria slumps to its lowest in 11 years

by Samuel Oyekanmi

August 2, 2021

Nigeria received a sum of $875.62 million foreign inflows in Q2 2021, representing a significant year-on-year decline.

Tokyo Olympics opening ceremony draws the lowest U.S TV audience in 33 years

Diaspora

Tokyo reports 4,058 COVID-19 cases, the highest since the start of the Olympics

by Chidinma Anyalewechi

August 1, 2021

Newly reported COVID-19 cases in Olympic host city, Tokyo surged to a record high of 4,058 on Saturday, exceeding the...

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Naira weakens to N1,493/$1 After CBN MPC Meeting

Nigeria’s Revenue Hits N3.65 Trillion in Sept 2025, Up 411% – FIRS

MAN Warns FG Tax Stamp Plan Could Worsen Inflation

CPPE commends CBN’s rate cuts, calls for fiscal reforms to boost growth

Economy

News and analysis on the Nigerian economy

FG postpones second batch of Covid-19 vaccination to August 16

Nigeria’s foreign reserve rises by $79.1 million in July 2021

Covid 19 Spike: Can Nigerians survive another lockdown?

COVID-19: 3 dead as Nigeria records 505 new cases

Covid-19: Nigeria to receive 40 million doses of vaccines by end of 2021

Nigerians spend over N100 billion on browsing in 2020

Covid-19: 32 Delta variant cases discovered in 5 states, 9 infections in Akwa Ibom

Covid-19: Nigeria receives 4 million doses of Moderna vaccines

Foreign direct investment into Nigeria slumps to its lowest in 11 years

Tokyo reports 4,058 COVID-19 cases, the highest since the start of the Olympics

Recent News

Recent News

Continental Civil, Qshelter unveil Lagos 2004 estate to revolutionize urban housing in Nigeria

Payment Company CEO faces EFCC probe over alleged N50 Billion Illegal Forex Case

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