Real estate development activities in Lagos, the country’s commercial hub, plunged by 14 per cent in 2022 as a result of heightened election uncertainty, currency challenges and inflation, an Intel ...
No fewer than 28.4 million Nigerians in 26 states and the Federal Capital Territory, including 18,000 Internally Displaced Persons, are projected to face severe crises between June and August this ...
Despite several government interventions to stabilise the price of petrol price in the country, findings have shown that the ex-depot price of the commodity has risen to N237 from N148 ...
Nigeria’s economy is grinding to a halt and has lost about N20tn following the over 70 per cent mop-up of cash by the Federal Government through the Central Bank of ...
Banks credit to the government rose by N11.75tn in one year, figures obtained from the Central Bank of Nigeria have revealed. The CBN disclosed in its ‘Money and credit statistics’ ...
The February Purchasing Managers’ Index data released by Stanbic IBTC Bank indicated that the shortage of cash across the country in the month of February might have a negative influence ...
Nigeria’s private sector activity has contracted for the first time in almost three years as companies reduce output and cut jobs owing to cash and fuel shortages, a new report ...
The contributions of the real estate and construction sector to Nigeria’s real Gross Domestic Product increased by N8.9trn in the fourth quarter of 2022, according to the latest GDP report ...
Crude oil production which accounts for around two-thirds of government revenue and 90 per cent of its foreign exchange reserves, contracted by 13 per cent year-on-year in the fourth quarter of ...
Insecurity challenges in the country which continued after 2022 may worsen poverty and high unemployment rate in 2023, according to a report by Augusto&Co, a research, credit ratings and risk ...
Copyright © 2025
