In an official address at the Eagle Square in Abuja, President Bola Tinubu announced his administration's plans to undertake a comprehensive house cleaning of Nigeria's monetary policy. This move aims...
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 Nigeria, there are debates and public statements circulating on how to revive the faltering economy by utilizing the non-oil industries as a base in the context of increasing economic issues. T...
The Nigerian economy under President Muhammadu Buhari is worse than it was ten years ago, according to the World Bank. Its flagship research for 2022, titled "Global Economic Prospect," had...
With oil and food prices reaching record highs, Nigeria's inflation rate surged to an 11-month high in May 2022, reaching 17.71 percent and marking its fourth consecutive monthly increase in th...
Nigeria's economy is in shambles. Apart from a small number of wealthy individuals, the majority of people are trying to make ends meet. They are broke until the next pa...
The African Export-Import Bank (Afreximbank) has concluded strategies to aid Nigeria in fuel importation and food sufficiency as there are ongoing dialogues to assist the country from the $4 billi...
The Russian-Ukraine crisis has caused inflation of diesel costs which had impacted heavily and negatively on the manufacturing sector of Nigeria pushing the second quarter of Nigerian inflation ar...
Sequel to the alarming rate, at which the price of goods and services has sky rocked globally. The Nigerian economy is not left out in this global hardship, the price of cooking gas has also i...
Nigeria's Exchange rate is at risk of crossing N600/$1 at the unofficial FX Market, as foreign investors that were given their dividends for the 2021 financial year seek to repatriate their ea...