Economic News

Dangote Group subsidiaries secured significant foreign exchange (FX) in the latest CBN Retail Dutch Auction, buying $105.33 million worth of...

Nigeria faces potential inflationary pressures as the country's money supply (M3), which represents the total money within the economy, surged...

Finance Minister, Wale Edun, announced that since the relaunch of the federal government's cash transfer program, nearly one million households...

Recent data from the Central Bank of Nigeria (CBN) reveals that the currency in circulation (CIC) reached a historic high...

Telecommunications giant MTN has closed all its stores and service centers throughout Nigeria. The company made this announcement in a...

SB Morgen (SBM) Intelligence, a geopolitical research firm, has highlighted persistent challenges to food security in West Africa, including conflicts...

According to the latest report from the National Bureau of Statistics (NBS), there has been a significant shift in food...

Nigeria’s fiscal landscape has seen notable improvements, marked by a significant drop in debt service costs coupled with a sharp...

Aliko Dangote, the Chairman of Dangote Group, has expressed his willingness to sell the $20 billion Dangote Refinery to Nigerian...

Cement distributors in Lagos predict that prices may escalate to earlier yearly highs in the upcoming dry season as demand...