Economy

Nigeria has recorded a dramatic escalation in its spending on arms, with weapons import climbing by a staggering 418% between...

UPS has announced plans to streamline its workforce by eliminating 12,000 jobs, aiming to achieve significant cost savings totaling $1...

The International Monetary Fund (IMF) has slashed its forecast for Nigeria’s economic growth for 2024 from 3.1% declared in October...

DMO has released the FGN bond auction result for January 2024.

Nigeria’s broad money supply increased to N78.74 trillion as of December 2023, the highest ever recorded in the country. This...

The United Nations Statistical Commission recommends the exercise be carried out every 5 years. Nominally, Nigeria’s gross domestic product (GDP)...

In a surprising move, the Monetary Policy Committee of the Bank of Ghana has cut Ghana’s benchmark interest rate by...

Consumers witnessed a 5.84% surge in the average retail price per litre of Household Kerosene (HHK) in December 2023, reaching...

A new report from Price Waters and Coopers (PwC) has revealed that Nigeria may face challenges with its debt servicing...

The Medical and Dental Consultants’ Association of Nigeria (MDCAN) has criticised the federal government over the current 5% budgetary allocation...