Latest Economy News
IMF sees naira depreciating by 35% to N2,081/$1 in official market
The International Monetary Fund (IMF) has warned that the exchange rate…
Edun: FG investigating N22.7trn Ways and Means, report to be released soon
The minister of finance and coordinating minister of the economy, Wale Edun…
Naira freefall: EFCC raids BDC operators in Abuja, arrests over 50
The officers of the Economic and Financial Crime Commission (EFCC), on…
Naira tumbles to new all-time low at parallel market, trades at N1,730/$
The parallel section of the foreign exchange market recorded a new all-time…
FX crisis: CBN bans cash for travel allowances, settles for e-transfer
In a move to solve the foreign exchange crisis in the…
Nigeria’s inflation hits 29.90% in January as food prices soar
Nigeria’s inflation rate for January 2024 rose to 29.90 percent…
Abiodun announces N5bn Intervention fund to tackle rising food prices, inflation
Ogun State Governor, Prince Dapo Abiodun has announced a N5 billion…
Sanusi blames Buhari, not Tinubu for Nigeria’s economic woes
A former Governor of the Central Bank of Nigeria (CBN), Mohammed…
IMF raises alarm on Nigeria’s economic situation, calls for urgent action
The International Monetary Fund (IMF), on Sunday, painted a stark picture…
Yemi Kale to CBN: Concentrate on boosting FX supply, not controlling demand
KPMG Nigeria partner and chief economist, Dr Yemi Kale has told the…
