News
Nigeria Inflation Rate Drops for 4th Consecutive Time in 2025 – NBS
Nigeria’s inflation rate has continued its downward trend, with the National Bureau of Statistics (NBS) reporting a decline to 21.88 per cent…
economy
News
Review 2025 Budget Or Face Deepening Financial Crisis – IMF Warns Nigeria
Nigeria’s fiscal outlook for 2025 is under serious threat, according to the International Monetary Fund, which has warned that the country must…
News
Nigeria Loses $4m World Bank Loan Over Audit Lapses
Nigeria is set to forfeit $4 million from a World Bank-funded loan after failing to meet required auditing standards tied to a…
Politics
Nigeria Was Headed For Economic Ruin – Tinubu Claims in Midterm Speech
President Bola Tinubu on Wednesday said his administration inherited a country on the brink of economic collapse and had to implement painful…
News
Naira Records Stable Gains, Closes Week at 1,580.44 Per Dollar
The Nigerian naira continued its upward trajectory against the U.S. dollar, closing the week on a positive note at ₦1,580.44 in the…
Politics
Tinubu Determined to Alleviate Poverty – Minister Wale Edun
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has reaffirmed President Bola Tinubu’s strong commitment to fostering inc
News
World Bank Predicts Rise in Poverty Across Nigeria by 2027
The World Bank has forecast a significant rise in poverty across Nigeria, projecting an increase of 3.6 percentage points by the year…
News
Naira Rises to N1,618/$ in Parallel Market
The Nigerian currency, naira saw a slight gain on Tuesday, strengthening to N1,618 per dollar in the parallel market, compared to N1,620…
News
Nigeria’s Inflation Surges to 24.23%
Nigeria’s inflation rate climbed sharply to 24.23% in March 2025, marking a significant increase from February’s 23.18%, according to the National Bur
News
Naira Gains to N1,565/$ in Parallel Market
The Nigerian Naira had on Tuesday appreciated to N1,565 per dollar in the parallel market from N1,570 per dollar on Monday. But…