Economy

Latest Economy News

Nigeria’s unemployment rate increased to 5.3% in Q1 2024, says NBS

  The National Bureau of Statistics (NBS) says Nigeria’s unemployment rate increased…

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CBN raises interest rate to 27.25 per cent

  The monetary policy committee (MPC) of the Central Bank of Nigeria…

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There is enough money to develop Nigeria if we are serious — Obasanjo

  Former Nigerian President Chief Olusegun Obasanjo has said that there is…

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FG’s revenue in Q1, 2024 increased to N9.1 trillion- Minister

  The Minister of Finance and Coordinating Minister of the Economy, Mr.…

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Nigeria won’t develop without reliable electricity, says Elumelu

  The Chairman of Heirs Holdings and United Bank of Africa, Tony…

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Subsidy removal designed to free up budgetary resources for critical investments – Tinubu

  President Bola Tinubu says the removal of subsidy on premium motor…

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Nigeria’s VAT revenues rise 9.11% to N1.5trn in Q2 2024

  The National Bureau of Statistics (NBS) says the country generated N1.56…

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VAT remains at 7.5%, says Wale Edun

The Minister of Finance and Coordinating Minisiter for the Economy, Wale Edun…

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Petrol price hike hard decision to pave way for development, says Tinubu

  President Bola Tinubu says the increase in petrol price is a…

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Okonjo-Iweala cautions President Tinubu against using the CBN for fiscal objectives

World Trade Organisation (WTO) Director-General Ngozi Okonjo-Iweala has urged Nigeria to adopt…

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