Economy
Unpacking July’s Inflation Surge: Economic Concerns Mount as Inflation Rate Rises in 2023
In a concerning economic development, Nigeria's headline inflation rate surged to 24.08% in July 2023, up from 22.79% in June...
Read more
Breaking: Headline Inflation Hits 24.08% for July 2023
The month of July 2023 marked a significant uptick in the headline inflation rate, as the figure surged to 24.08%,...
Read more
Central Bank of Nigeria Implements Forex Measures to Tackle Naira Slide.
In response to the recent decline of the naira on the black market, the Central Bank of Nigeria (CBN) has...
Read more
Diesel Hits N950/Litre, Manufacturers Fear Shutdowns
The foreign exchange crisis in Nigeria, coupled with the recent enforcement of a 7.5 percent Value Added Tax (VAT) on...
Read more
Surge in Crude Oil Theft Plunge Nigeria’s Oil Output To 3-Month Low, Second Lowest in 2023
The struggling oil and gas sector in Nigeria has encountered another blow as the country's crude oil production dipped to...
Read more
Bola Tinubu’s Administration to Allocate N187.32bn for Local Contractor Debt Settlement.
In the ongoing efforts to address the financial obligations of the Nigerian government, the administration led by President Bola Tinubu...
Read more
Central Bank of Nigeria Warns Against Illegal Forex Sales, Vows to Sanction Banks
The Central Bank of Nigeria (CBN) has issued a stern warning to commercial banks involved in unauthorized foreign exchange (forex)...
Read more
President Tinubu Reassures Nigerians of Economic Reforms and Growth Efforts
President Bola Tinubu has reaffirmed his administration's unwavering commitment to revitalizing Nigeria's economy and ensuring its prosperity for the benefit...
Read more
President Bola Tinubu’s Tax Reforms Committee Garners Praise from Stakeholders.
Stakeholders have commended President Bola Tinubu for his recent move to address Nigeria's fiscal policies and tax reforms. The Presidential...
Read more
Explosive Revelations Unveil CBN’s Secret Financial Maneuvers Under EX CBN Governor, Emefiele.
The Central Bank of Nigeria (CBN) has once again showcased its financial prowess, releasing its long-awaited audited accounts for the...
Read more
