Economy

Latest Economy News

Nigeria’s inflation hits 28-year high at 34.19%

  Nigeria’s inflation rate rose to 34.19 percent in June 2024, up…

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Inflation: We’re paying for consequences of ways and means loan, says Cardoso

  Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says…

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Budget office: FG spent N5.78trn on debt servicing in first nine months of 2023

  The budget office of the federation says the government spent N5.78…

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S&P: Dangote Refinery can help solve Nigeria’s FX problems, boost economy

International financial analytics corporation, S&P Global, has described the 650,000 barrels per…

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Nigeria’s economy can be transformed in a few months, says Dangote

  Aliko Dangote, chairman of the Dangote Industries Limited, says Nigeria’s economy…

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Tinubu unveils N2trn economic stabilisation plan, seeks partnership with private sector

  In a move to revive Nigeria’s struggling economy, President Bola Tinubu…

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Nigeria’s debt to GDP ratio crosses 50% for the first time

  Nigeria’s debt-to-GDP ratio crossed 50% for the first time ever last…

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Peter Obi condemns FG for running multiple budgets concurrently

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

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Nigeria’s inflation rate rises to 33.95% as food prices continue to surge

  The National Bureau of Statistics (NBS) says Nigeria’s inflation rate rose…

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Fuel, foods top list as imports hit N12trn

  Refined petroleum products and agricultural food imports constituted the major items…

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