ECONOMY

The Naira appreciated further yesterday in the parallel market to N1,610 per dollar from N1,615 per dollar last Friday, as weak dollar demand persists. However, the Naira depreciated to N1,495.6...

The Central Bank of Nigeria (CBN) has reaffirmed its commitment to empowering young Nigerians through youth-friendly credit policies and capacity-building programmes to foster economic growth and innovation. Speaking at the...

The Nigeria Labour Congress (NLC) has declared plans to embark on a nationwide mass rally on Feb. 4 over the 50 per cent hike on telecom services by the Nigeria...

A Central Bank of Nigeria (CBN) Survey report has shown that high bank charges, poor infrastructure, unfavourable economic climate, insecurity, and access to credit were top business constraints in December...

The Naira yesterday appreciated to N1,630 per dollar in the parallel market from N1,640 per dollar on Tuesday. Similarly, the Naira appreciated to N1,507 per dollar in the official foreign...

The National Bureau of Statistics (NBS) is currently undertaking a rebasing exercise for Nigeria’s Gross Domestic Product (GDP) and Consumer Price Index (CPI). This initiative is aimed at ensuring that...

PwC has projected that Nigeria’s inflation will decline to 26 per cent, while the exchange rate will remain stable in 2025. PwC partner and Lead for strategy & West Africa,...

The Central Bank of Nigeria (CBN) yesterday projected that the economy will grow by 4.1 per cent in 2025, with a record decline in inflation and a continued increase in...

The pump prices of Premium Motor Spirit, popularly called petrol, have risen to between N1,050 and N1,150/litre depending on the area of purchase, following the hike in the cost of...

The Independent Marketers Association of Nigeria (IPMAN) has sought to patronize the Dangote refinery as the depot price of Premium Motor Spirit (PMS) rose by 4.7 per cent to N950...