Economy

Latest Economy News

Nigeria’s external reserves surge 15.6% YTD to hit $52.66 billion

  Nigeria’s external reserves have grown by $7.09 billion since the beginning…

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Food inflation hits 10-month high of 20.31% in July

Nigeria’s food inflation rate accelerated sharply to 20.31 per cent year-on-year in…

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Nigeria adds 900 dollar millionaire in one year – Report

Nigeria added 900 million-dollar millionaires within a period of 12 months, as…

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Tax revenue jumps 113% to N27.1tn as economy signals recovery

Nigeria’s tax revenue has more than doubled in less than three years,…

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Nigerians earning N150k to N250k feel inflation most —CBN report

Nigerians earning between N150,000 and N250,000 per month were the most likely…

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Tinubu has not borrowed up to N80trn, says Oyedele

  The Federal Government yesterday dismissed claims in some quarters that President…

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Three years of reforms have grown Nigeria’s economy, says Tinubu

President Bola Tinubu says Nigeria’s economy has recorded steady growth following the…

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JUST IN: Inflation eases to 15.91% despite rising food prices

  Nigeria’s headline inflation rate edged lower to 15.91% in June 2026,…

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Rising cost of essentials to push more Nigerians into poverty, IMF warns

The International Monetary Fund (IMF) has warned that rising prices of essential…

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CPPE warns of election-related risks to economic growth

The Centre for the Promotion of Private Enterprise (CPPE) has projected that…

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