Economy

Latest Economy News

CBN raises interest rate to 26.25%

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

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Tinubu’s economic team more of tax collectors than economists — NEF member

    The Economic Management Team of President Bola Tinubu has been…

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Atiku kicks against FG’s plan to borrow N20trn pension fund for infrastructure projects

  Atiku Abubakar, former vice-president, has kicked against the federal government’s plan…

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Tax now highest revenue source for FG, says Accountant General

  The Federal Government has charged tax practitioners to work harder in…

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Nigeria’s inflation rate rises to 33.69% in April – NBS

  The National Bureau of Statistics (NBS) has released its latest data,…

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Standard Bank report predicts $5.1bn capital inflows in second half of 2024

  Standard Bank has predicted $5.05 billion in funding inflows into the…

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Pressure mounts on FG to stop cybersecurity levy

  The House of Representatives, Northern Elders Forum and some members of…

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Ekiti, Cross River, Ogun seek ‘suspension’ of foreign debt payment due to FX volatility

  Ekiti, Cross River, and Ogun states have proposed the suspension of…

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Report: Nigerians groan as commodities, services, other prices hit decade-high

  The cost of living crisis in Nigeria has reached alarming level…

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Fitch upgrades Nigeria’s credit outlook to positive, cites economic reforms

  Fitch, a global rating agency, has reviewed Nigeria’s outlook to positive…

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