Economy

Nigeria’s Gross Domestic Product (GDP) growth slowed to 2.31 per cent in the first quarter (Q1) of 2023 from 3.52 per cent in the...

The Central Bank of Nigeria (CBN) has raised the interest rate from 18 percent to 18.5 percent. The apex bank governor, Godwin Emefiele, announced the...

Nigeria’s April inflation figure increased to 22.22 per cent from 22.04 per cent last month. The National Bureau of Statistics Consumer Price Index released the...

On the back of reforms by the Edo State Governor, Mr. Godwin Obaseki to reposition the state as Africa’s preferred investment destination, Guinness Nigeria...

…Commits over $20bn to Pan-African Investments Africa’s foremost entrepreneur and President of the Dangote Group, Aliko Dangote has urged African countries to dismantle all economic...

The National Economic Council (NEC) on Thursday suspended the planned removal of subsidy on petroleum products by the end of President Muhammadu Buhari’s administration. The...

Nath Gbaoron Oxfam Nigeria, a non-profit organisation, says the incoming government should take steps to reduce hunger and alleviate poverty in the country. In a statement...

Direct flights from Nigeria to Israel will begin on April 20, 2023, says the Israeli Ambassador to Nigeria, Michael Freeman. He held that Air Peace...

The Central Bank of Nigeria has proposed that banks should transfer funds in accounts that have been dormant for up to 10 years into...

More than a quarter of emerging market countries including Nigeria have found themselves effectively locked out of international bond markets as the extra yield...