Economy

The cost of living in Nigeria is high but stabilizing, with July 2024 Consumer Price Index (CPI) data showing a...

Nigeria’s headline inflation rate decreased to 33.40% in July 2024, down from 34.19% in June 2024. This marks the first...

The Central Bank of Nigeria's (CBN) latest Purchasing Managers' Index (PMI) report for July 2024 reveals that the Composite Employment...

The Confidence Index of the Chief Executive Officer (CEO) of the Manufacturers Association of Nigeria (MAN) fell to 51.9% in...

The Nigeria Customs Service has announced the implementation of the duty waiver on essential food imports, effective from July 15,...

The Central Bank of Nigeria's (CBN) Purchasing Managers' Index (PMI) report for July indicates a continued contraction in economic activities,...

The latest report by NielsenIQ has revealed that the Nigerian Fast-Moving Consumer Goods (FMCG) market has seen a 17.4% decline...

The United States government has announced $27 million in humanitarian funding specifically allocated to support Nigeria as part of its...

The local currency marked its first bearish fall on the Nigerian forex market since the Central Bank of Nigeria began...

Murtala Sabo Sagagi, a member of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), has expressed...