Tag: #economy

The naira has surged against the US dollar, now quoted at N1,560.57 on the official market. This upward momentum reflects ...

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

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

The Central Bank of Nigeria's efforts to mop up liquidity have led to a significant increase in borrowing by deposit ...

Egypt has initiated a significant devaluation of its currency, resulting in a depreciation of approximately 35%, subsequent to a massive ...

In a bid to enhance bilateral cooperation between Nigeria and Finland, President of the Nigerian-Finnish Association, Senator Otunba Gbenga Daniel, ...

The Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) raised concerns on Tuesday regarding what they described as the ...

The ongoing scarcity of certain essential commodities in Nigeria, including petroleum products and foreign currency, has sparked debates and speculations ...

Nigeria's crude oil production experienced a minor decline to 1.42 million barrels per day (mbpd) in January 2024, as revealed ...

In a concerning forecast by the International Monetary Fund (IMF), Nigeria’s foreign reserves are expected to undergo a significant reduction, ...