Economy

In February 2024, Nigeria witnessed a significant surge in imported food inflation, reaching a record high of 29.8%, up from...

The Federal Government of Nigeria is in advanced negotiations with the World Bank to secure over $1 billion in loans...

In what appears to be a saga of misallocation of funds, the constituency of Senate President Godswill Akpabio has been...

In February 2024, Nigeria witnessed a surge in headline inflation, reaching 31.70%, marking a notable uptick from January 2024's rate...

The Central Bank of Nigeria (CBN) has once again emphasized its stance that banks operating within the country are prohibited...

In the face of ongoing economic challenges, Nigeria grapples with a significant surge in debt service expenditure, with the federal...

In February, Nigeria experienced a decline in its crude oil production, dropping to 1.32 million barrels per day from the...

The Nigerian currency, the naira, has shown a notable improvement in the foreign exchange market, with major banks like Access,...

In a significant move towards bolstering food security and agricultural development, the Nigerian government has inked a monumental €995 million...

The European Union (EU) and the Economic Community of West African States (ECOWAS) delegation to Nigeria have raised concerns over...