Economy

Nigeria exports slipped by 11.9% year-on-year to a nine-month low of NGN 1,795 billion in September 2022, which shows the...

The Independent Petroleum Marketers Association of Nigeria has told all petroleum marketers to suspend all activities in Maiduguri the capital...

The scarcity of petrol and naira notes in Nigeria has had a severe impact on the country's economy. Inflation rates...

The International Monetary Fund (IMF) has recently raised Nigeria’s economic growth forecast to 3.2 percent for 2023 due to improved...

Following the Central Bank of Nigeria’s (CBN) new naira policy to manage currency in circulation in the country, the currency...

Moody’s has downgraded Nigeria’s long-term foreign currency, local-currency issuer ratings, and foreign currency senior unsecured debt ratings to Caa1 from...

Nigeria’s public debt stock increased from N42.84 trillion (103.31 billion dollars) in the second quarter of 2022 to N44.06 trillion...

The extension of the old naira note has come with huge dismay to some Nigerians who have struggled to change...

Nigeria’s external reserves had shown an unstable trend in the first month of 2023 following weak foreign investment flows and...

The Monetary Policy Committee's decision to aggressively tighten the monetary policy rate has raised several concerns, particularly among small firms....