Inflation drops to 32.15%
The National Bureau of Statistics (NBS) says the headline inflation rate eased to 32.15% in August 2024, relative to
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ECONOMY
Tinubu welcomes NBS report, says Nigeria Economy is showing positive shift
President Bola Tinubu has claimed that there has been a positive shift in the country’s economy. He expressed confidence in
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NDIC, BOI, BDAN, other financial institutions set for $1trn economy discourse at FICAN conference
‘The Nigeria Deposit Insurance Corporation (NDIC), the Central Bank of Nigeria (CBN), the Bank of Industry (BoI), the United Bank
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Nigeria becomes third largest debtor to World Bank, owes $16.5bn
Nigeria has become the third-largest debtor to the World Bank ’s International Development Association (IDA). The West African nation,
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Inflation: Nigerians to spend 54.9% income on food next six months, says CBN
The rising inflation rate will force Nigerian households to spend the largest amounts of their earnings on food in
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Nigeria’s GDP grows by 3.19%, oil production drops in Q2 2024 – NBS
Nigeria’s Gross Domestic Product (GDP) grew while oil production dropped between the first and second quarters of 2024, according
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Nigeria’s inflation rate dropped to 33.30% in July — NBS
Nigeria’s headline inflation rate decreased to 33.40 per cent in July 2024, down from 34.19 per cent in
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Afenifere to Tinubu: You’re plunging Nigeria’s economy into worst crisis
The pan-Yoruba socio-political group, Afenifere, says President Bola Ahmed Tinubu’s administration is plunging Nigeria into an economic
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World Bank says Nigeria still repaying $10.6bn loans taken by former presidents
A recent report by the World Bank Group Finances has revealed that Nigeria is still repaying $10.6 billion in loans
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FG spends $600m on fuel importation monthly –Finance minister
Nigeria pays $600 million each month on fuel imports, Minister of Finance and Coordinating Minister of the Economy, Wale
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