Economy

Latest Economy News

Power outages, costly petroleum products could lead to increased poverty – Peter Obi

  Peter Obi, presidential candidate of the Labour Party in the 2023…

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NLC slams IMF for fuel subsidy removal denial

  The Nigeria Labour Congress has criticised the International Monetary Fund for…

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CBN holds talks with IMTOs to raise remittance inflows to $1bn monthly

  The Central Bank of Nigeria (CBN) says it engaged leading international…

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IMF applauds Nigeria’s economic reforms, says they’ll unlock investments, growth

  The International Monetary Fund (IMF) has applauded the economic reforms implemented…

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IMF downgrades Nigeria’s growth forcast to 2.9%

  The International Monetary Fund (IMF) has downgraded Nigeria’s growth prospects for…

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Over 50% of Nigeria’s population live in poverty, says World Bank

The World Bank says more than half of Nigeria’s population lives in…

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Adesina deplores Nigeria’s poverty rate, proffers solution to country’s economic woes

  President of the African Development Bank (AfDB), Dr Akinwunmi Adesina, has…

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Payment of taxes in foreign currency pressuring naira, businesses – Oyedele

  Taiwo Oyedele, chairman of the presidential fiscal policy and tax reforms…

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Inflation can’t be tamed without resolving security, forex issues – CPPE

  The Centre for the Promotion of Private Enterprise (CPPE) says the…

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99% of wealthy Nigerians avoid taxes – Report

At least 99 percent of Nigeria’s wealthiest individuals are evading their tax…

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