Economy

Latest Economy News

How Nigerian banks built a N219trn empire on depositors’ funds

  BY BLAISE UDUNZE   In the first quarter of 2025, Nigeria’s…

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Inflation drops to 18.02% in September

  Nigeria Inflation rate has dropped to 18.02% in September down from…

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Cardoso leads Nigeria’s delegation to World Bank/lMF meetings as illness rules out Edun

The Governor of the Central Bank of Nigeria, Olayemi Cardoso will lead…

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Tinubu’s reforms have not reduced poverty – World Bank

The World Bank has said that despite the expansion of the Nigeria’s…

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PENGASSAN, NUPENG reject govt’s assets sale plan

Two of Nigeria’s influential oil sector unions have strongly opposed the Federal…

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CBN drops interest rate to 27%

The Central Bank of Nigeria (CBN) has reduced the Monetary Policy Rate…

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Nigeria’s GDP rises by 4.23% in Q2 2025 – NBS

  The National Bureau of Statistics (NBS) says Nigeria’s gross domestic product…

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Bagudu: Nigeria needs $100bn investment yearly to become middle-income country by 2050

Atiku Bagudu, minister of budget and national planning, says Nigeria must attract…

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5% fuel tax should be introduced when naira appreciates or oil price declines – Taiwo Oyedele

Taiwo Oyedele, chairman of the presidential fiscal policy and tax reforms committee,…

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Nigeria’s inflation rate drops for fifth consecutive months to 20.12%

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

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