Latest Economy News
More Nigerians will be poor by 2027, says World Bank
The World Bank Group says more Nigerians will sink into poverty…
Nigeria’s inflation rate rises to 24.23% in March 2025
Nigeria’s headline inflation rate surged to 24.23% in March 2025, according…
Crude oil price crash may derail 2025 FG revenue target
The price of Bonny Light, Nigeria’s premium oil grade, yesterday, dropped by…
Reforms: Nigeria records $6.83bn balance of payment surplus—CBN
Nigeria recorded a balance of payment (BOP) surplus of $6.83 billion…
Nigeria secures $1.08bn World Bank loan for education, poverty alleviation
The World Bank has approved three financing operations totalling $1.08bn to…
Tax reform: Reps approve new VAT sharing formula for states
The House of Representatives, on Thursday, approved a new Value Added…
Nigeria secures $50bn investment commitments from Tinubu’s foreign trips – Minister
Minister for Industry, Trade and Investment, Jumoke Oduwole has said that…
Tinubu signs N54.99tn 2025 budget, pledges economic stability
: President Bola Tinubu on Friday signed the ₦54.99 trillion 2025…
Nigeria’s GDP rate grew by 3.84% in Q4 2024, says NBS
The National Bureau of Statistics (NBS) says Nigeria’s annual gross domestic…
Rewane backs CBN’s $8bn spend to support undervalued naira
Renowned economist and CEO of Financial Derivatives Company, Bismarck Rewane, has…
