Nigeria’s inflation rises in 10th consecutive month to 27.33% in October
Onome Amuge The continued depreciation of the naira and rising food and fuel prices has led to a tenth consecutive surge in
Capital importation into Nigeria falls 28% to $1.57bn in Q1 2023
Nigeria’s total capital importation declined 28 per cent to $1.13 billion in the first quarter (Q1) of 2023 compared to $1.57 billion
Telecoms investment in Nigeria hits $75.6bn, says NCC
Nigeria’s telecommunications sector has attracted both local and foreign direct investments (FDIs) to the tune of $75.6 billion as of
Growing threat to Nigeria’s small and large businesses
BY TIMI OLUBIYI, PhD. The Coronavirus (COVID-19) pandemic and the global economic turbulence have had significant impacts on
Nigeria’s Q1 2022 foreign trade surplus spotlights urea production
BY ONOME AMUGE Nigeria’s foreign trade balance recorded a bullish performance for the first time since the second quarter of 2021, as
NBS begins first National Agricultural Sample Census in 3 decades
BY ONOME AMUGE The National Bureau of Statistics (NBS) has announced the commencement of the first digitalised National Agricultural
Macro dynamics leave CBN helpless as reserves drop $945m in 30 days
Business a.m. In the face of ongoing pre-election activities Nigeria’s foreign exchange reserves have continued their free fall and
Nigeria in pre-covid-19 company tax earnings rebound at N532.5bn
BY CHARLES ABUEDE Total company income tax (CIT) collected by Nigeria’s federal government rose 35.61 percent year on year to N532.5