Saturday, May 2, 2026
Food, 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...
Read moreDetailsAnalysts gauge MPC’s next move as Nigeria’s monetary policy on knife edge
ONOME AMUGE The Central Bank of Nigeria’s Monetary Policy Committee (MPC) will open its fifth meeting of the year today...
Read moreDetailsPrivate sector employers risk imprisonment for non-compliance with N70,000 minimum wage,FG warns
Business a.m. The federal government has issued a strong warning to private employers, stating that failure to comply with the...
Read moreDetailsSlowing inflation raises prospects of CBN interest rate halt
Business a.m. Nigeria’s inflation rate dropped from 33.40 percent in July 2024 to 32.15 percent in August 2024, according to...
Read moreDetailsPetrol holds Nigerian economy hostage as crisis disarms officials
Price hikes destabilise businesses, homes Scarcity drives managers, consumers nuts Economy disconfigured by petrol crisis Ricochet of President’s May 29,...
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