Saturday, June 20, 2026
Nigeria’s inflation drops to 21.34% in December
By Onome Amuge Nigeria’s inflation rate fell for the first time in 11 months to 21.34 per cent , a...
Read moreDetailsCBN says reduction of cash-based transactions by 2025 will foster cashless economy
By Chisom Nwatu The Central Bank of Nigeria (CBN) has said the use of cash payment will naturally reduce by...
Read moreDetailsAnalysts weigh in on economic, political outlook, see GDP deceleration
BY BEN EGUZOZIE Election Year 2023 EIU, AfDB in number crunching As Nigeria enters into national elections this year, beginning...
Read moreDetailsLPLEL affirms Lekki Port readiness for operation
By Innocent Obasi Lekki Port LFTZ Enterprise Limited (LPLEL) has said the first phase of the Lekki Deep Sea Port...
Read moreDetailsSweetened beverages production dips on Nigeria’s excise tax policy
BY ONOME AMUGE Staggering from the blows of a dwindling revenue that has weakened its ability to meet its obligations,...
Read moreDetailsFGN grows VAT, CIT revenue by 25%, generates N3.5trn
Onome Amuge The federal government’s revenue from Value Added Tax (VAT) and Company Income Tax (CIT) grew 25 per...
Read moreDetailsCBN threatens to revoke banks’ forex licence over diaspora remittances in naira
By Onome Amuge The Central Bank of Nigeria (CBN) threatened to withdraw foreign exchange dealership licences of banks that...
Read moreDetailsAnalysts call on CBN to tweak strategy as inflation defies MPC
BY ONOME AMUGE Nigeria, Africa’s largest economy, has been bedevilled by a worrisome rate of consumer price index, a...
Read moreDetailsAfrica’s real wages fall 0.5% in 2022 in line with global performance – ILO
By Ben Eguzozie Asia & Pacific, Central and Western Asia in positive growths But AEW sees brighter 2023 and beyond...
Read moreDetailsWorld Bank cuts Nigeria’s 2022 growth forecast to 3.1% on weak economic performance
By Onome Amuge The World Bank has lowered Nigeria’s 2022 growth forecast to 3.1 per cent from a previous forecast...
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