Economy

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...

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has advocated for an hourly minimum...

President Bola Ahmed Tinubu has signed an Executive Order to introduce zero tariffs, excise duties, and VAT on specialised machinery,...

The Central Bank of Nigeria (CBN) has introduced revised guidelines to allow Deposit Money Banks (DMBs) to deposit excess foreign...

The national average cost of a healthy diet (CoHD) per day has risen by 32% since December 2023.