Economy
News and analysis on the Nigerian economy
Ghana set to request for a $1.5 billion loan from the IMF
Ghana is likely to ask the IMF for as much as $1.5 billion in a quest to strengthen its finances...
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Peter Obi promises to remove fuel subsidy if elected president in 2023
Peter Obi, the Presidential candidate for the Labour Party has stated that he would remove fuel subsidy if elected president...
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External Reserves up $6 billion in one year but no forex
The Nigerian economy is starved of foreign exchange as currency traders continue to lament tightened forex liquidity...
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Governor Sanwo-Olu says Lagos residents spend N4.5 billion daily on food
Lagosians consume N4.5 billion worth of food daily and 50% of beef produced in the country.
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Eurozone inflation rises to 8.6% in June amid pressure from surging energy prices
A substantial rise in energy prices has driven inflation in the 19 nations that use the euro currency to a...
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How the Nigerian Economy has performed under each President
We compared each president on their last full year in office to determine who has been the best for the...
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Customs seizes N1.3bn worth of smuggled goods in Ogun between May and June
The Nigeria Customs Service (NCS), Ogun 1 Area Command, stated that it seized N1.3 billion worth of goods between May to...
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FG begins implementation of N10 per litre sugar tax on beverages
The FG has revealed that it has started the implementation of a N10 per litre sugar tax on carbonated sugar...
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Inflation in Nigeria: What will happen to your money in the next days and weeks
High inflation basically erodes the purchasing power of the citizens and affects all areas of one’s spending.
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Canada’s inflation jumps 7.7% in May, the highest since January 1983
Canada's annual inflation rate skyrocketed to 7.7% in May 2022, the highest since January 1983.
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