Nigeria's annual inflation rate experienced a notable uptick, surging to 24.08% in July, marking a distinct rise from the previous month's 22.79%, as reported by the National Bureau of Statistics (NBS...
Here is a picture of Nigeria's economic deficit, Buhari saw the number rise far too high under his administration. Bula Ahmed Tinubu is the president of Nigeria as of today May 29th, 2023....
The Managing Director of the Nigeria Export Processing Zones Authority (NEPZA), Adesoji Adesugba, announced that the Free Trade Zones (FTZs) Scheme generated N35.1 billion in Customs Duty for the gove...
According to the Debt Management Office (DMO), Nigeria's total public debt increased from 39.56 trillion Naira to 46.25 trillion Naira ($103.1 billion) in 2022. This rise in debt is attributed to the ...
Fuel subsidy is a significant issue in Nigeria's economy, and its removal has been a topic of much debate in recent times. The government has argued that fuel subsidies drain resources from the govern...
In the midst of the 2023 Nigerian presidential election season, a recent arrest by the Economic and Financial Crimes Commission (EFCC) has raised questions about corruption and the scarcity of newly r...
Financial technology, popularly known as Fintech, has revolutionized the financial landscape in Nigeria. The adoption of technology in the financial sector has changed the way we carry out financial t...
According to the World Bank, the Central Bank of Nigeria's numerous currency rates, restrictions on trade, and public deficit financing continue to harm the business environment. The World Ba...
As the conflict between Russia and Ukraine worsens, trade between Nigeria and Russia worth more than $2 billion is jeopardized. Following the outbreak of the war on Thursday, Nigeria risks experiencin...
Oil-rich Qatar is set to invest the sum of $5 billion into the Nigerian economy, according to the Federal Government.This was disclosed by the Minister of Foreign Affairs, Geoffrey Onyema at a farewel...