Economic News

Nigeria's inflation rate eased to 33.4% in July, a decrease of 0.79 percentage points from June's 28-year high of 34.19%,...

The Federal Government's initiative to introduce Compressed Natural Gas (CNG)-powered vehicles for public transportation gained significant momentum yesterday with the...

The Socio-Economic Rights and Accountability Project (SERAP) has given President Bola Tinubu a seven-day ultimatum to instruct the Attorney General...

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...