Economic News

Boko Haram, the police command in Yobe State has disclosed a distressing development, revealing that suspected insurgents belonging to the notorious Boko Haram group have once again wreaked havoc by...

Nigerian Army forces, under the leadership of Brigadier General Eddie Effiong, have recently made significant strides in combating the rampant issue of crude oil theft plaguing the region, particularly in...

Former aide to ex-president Goodluck Jonathan, Pastor Reno Omokri, has taken to social media to provide Nigerians with insights into how to revive the value of the Naira amidst prevailing...

According to the National Bureau of Statistics (NBS), Nigeria witnessed a notable surge in unemployment rate during the third quarter of 2023, with a 0.8% increase from the preceding quarter....

The African Development Bank (AfDB) has voiced concern over the potential for social unrest in Nigeria and other African nations due to escalating fuel and commodity prices. The bank highlighted...

The House of Representatives’ Special Committee on Crude Oil Theft has joined forces with the Nigerian Navy to enhance the protection of pipelines and critical assets in the oil and...

The National Youth Service Corps (NYSC) has refuted claims circulating on social media alleging exorbitant food prices in orientation camps, dismissing them as unfounded and deliberately misleading. Eddy Megwa, the...

Rice millers in Gombe State have attributed the escalating price of rice to the shortage of paddy available for processing, which they attribute to hoarding by certain merchants. Paddy serves...

FLour Mills of Nigeria (FMN) has addressed the inevitable rise in prices of its products, attributing it to the adverse effects of the escalating Naira-Dollar exchange rate on its business...

Food prices, according to the latest report released by the National Bureau of Statistics (NBS), there has been a notable uptick in both headline inflation and food inflation rates in...