Exchange rate falls at the NAFEX window as Nigeria’s external reserve dips $1 billion
The naira depreciated against the US dollar on Friday at the official NAFEX window to close at N412 to a ...
Tag: Nigeria economy
Nigeria generates N392.8 billion from company income taxes in Q1 2021
Nigeria's company income tax revenue increased by 32.84% year-on-year in Q1 2021.
Naira falls at NAFEX window despite 394% increase in dollar supply
Naira depreciated against the US Dollar at the NAFEX window to close at N409.75 to a dollar.
CBN blames herdsmen and bandits for galloping inflation rate
Emefiele while addressing the media on Tuesday stated that Nigeria's growing food inflation is caused due to worsening security challenges.
President Buhari signs 2021 budget of N13.58 trillion
President Muhammadu Buhari has signed the 2021 Appropriation bill of N13.5 trillion into law.
IGR: States generate N612.9 billion in H1 2020, dips by 11.7%
The IGR generated by the 36 states including the FCT in the first half of the year, dipped by 11.7%.
Nigeria’s inflation rate jumps to 12.82%, highest in 27 months
Nigeria's inflation rate rose by 12.82% (year-on-year) in July, compared to 12.56% recorded in June 2020. This is the highest ...
Nigeria’s unemployment rate jumps to 27.1% as at 2020 Q2
Nigeria's unemployment rate as at the second quarter of 2020 is 27.1% meaning about 21.7 million Nigerians remain unemployed.
Nigeria’s inflation rate rises to 12.56% in June, as food prices surge
The report also showed that composite food index rose to 15.18% compared to 15.04% recorded in May 2020.
Inflation rate jumps to 12.40%, highest in over 2 years
Inflation rate rise to 12.4% in May, 0.06% points higher than 12.34% recorded in April.
