Friday, June 19, 2026
Analysts warn of financial fallout as Senate approves Tinubu’s $2.2bn loan
Nigeria's debt-to-GDP ratio of over 50% harbinger of distress- LCCI CSOs task FG on fiscal discipline, self-reliance Onome Amuge President...
Read moreDetailsInflation storm rages on in Nigeria as October rate hits 33.88%
Manufacturing sector suffers as inflation mows down profits Nigerian households lament Onome Amuge The Nigerian economy has been in a...
Read moreDetailsNigeria loses N13trn to forex subsidy — World Bank
Business a.m. The federal government incurred a significant loss of N13.2trn in foregone revenue as a direct consequence of the...
Read moreDetailsNigeria’s inflation rebound stokes concerns of worsening economic woes
Onome Amuge The battle against soaring inflation seems to be far from won in Nigeria, with analysts warning of even...
Read moreDetailsFood, transport costs fuel 32.7% inflation in Nigeria for September – NBS
Joy Agwunobi The National Bureau of Statistics (NBS) has reported that Nigeria's inflation rate rose to 32.7 per cent in...
Read moreDetailsNigeria’s food inflation top 5 globally as insecurity, climate change hit hard
Onome Amuge The World Bank has identified Nigeria as one of the top ten countries most severely impacted by food...
Read moreDetailsNigeria records $2.60bn in capital importation for Q2 – NBS
Busayo Samuel Nigeria’s capital importation reached $2.60bn in the second quarter of 2024, representing a robust increase of 152.81 percent...
Read moreDetailsFG mulls TICC initiative to expand tax base, increase revenue
Business a.m. The Nigerian government has recently announced the implementation of a new initiative, the Tax Identification Consolidation and Collaboration...
Read moreDetailsInflationary pressure drives Nigeria’s unemployment rate to 5.3% in Q1’24
Business a.m. The ongoing economic crisis in Nigeria has led to a rise in the country's unemployment rate, which increased...
Read moreDetailsCBN raises interest rate to 27.25% in 50 basis points move
Business a.m. The Central Bank of Nigeria (CBN) has raised its key interest rate, the Monetary Policy Rate (MPR), by...
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