Economy
News and analysis on the Nigerian economy
Flooding: President Tinubu shuns UN General Assembly session, sends Shettima
The Nigerian presidency has announced that President Bola Tinubu will not attend the 79th United Nations General Assembly session in...
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Nigeria now records monthly net inflow of $2.35 billion into foreign reserves – Wale Edun
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said the country now records about $2.35...
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FG to explore Nigeria’s deep seabed for solid mineral mining
The Federal Government plans to explore deep seabed exploration and mining to tap into the vast resources of the blue...
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Ghana’s GDP grows at 6.9%, fastest pace in 5 years
Ghana’s economy in the second quarter of the year expanded at the fastest pace in five years dating back to...
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FAAC: FG, States, LGCs share N1.203 trillion August 2024 revenue, down by 11.4% from July
The Federal Government, States, and Local Government Councils (LGCs) shared a total of N1.203 trillion for revenue generated in August...
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Increase in petrol prices unlikely to affect food inflation- CardinalStone Research
A new report by CardinalStone research has noted that the increase in petrol prices by the NNPC in the past...
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Coffee prices double in Nigeria as global supply disruptions push futures up in 2024
Nigeria is feeling the impact of the global coffee crisis as futures prices surge by over 30% due to severe...
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Ways and Means Advances to continue at 5% threshold, CBN says in new guidelines
The Central Bank of Nigeria (CBN) has reaffirmed that its Ways and Means Advances to the federal government will continue...
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Nigeria’s 70% windfall bank tax: Rewarding effort, taxing Luck
The concept of a windfall tax is straightforward: when certain sectors or companies profit disproportionately from external factors—such as government...
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FG targets $1.5 billion GDP boost from Halal economy by 2027
The Federal Government will launch a strategy on Wednesday to position Nigeria as a leader in the Halal economy, projected...
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