Nigeria economy

The Central Bank of Nigeria (CBN) reported a positive development in the country’s economic landscape. A statement released by the bank’s acting Director of Corporate Communications, Mrs. Sidi Ali, revealed …

The price of goods has undergone a staggering transformation since 1975, painting a vivid picture of the relentless march of inflation. Back then, one could acquire a car for a …

President Bola Tinubu challenges views of Nigeria’s economic woes, spotlighting $30 billion in investments and social initiatives aimed at transforming the nation’s future.

Chief Timipre Sylva reinforces allegiance to President Tinubu’s economic vision, dismissing unfounded criticisms as political ploys aiming to disrupt.

In a striking reflection of the economic challenges faced by Nigerians, staple foods such as rice and pasta have seen sales plummet to a five-year low, as rampant inflation renders …

Nigeria, Africa’s largest economy, is facing a severe shortage of foreign exchange due to its low export earnings, according to the country’s finance minister. Wale Edun said that the economy …

The World Bank has recently adjusted its growth projection for Nigeria, the largest economy in Africa, to a slower pace of 2.9% in 2023, down from the earlier forecast of …

Former Anambra State governor and 2023 Labour Party presidential candidate Peter Obi criticized President Bola Tinubu’s administration for floating the naira without considering the supply-side implications. He voiced his concerns …

On the occasion of Nigeria’s 63rd Independence Day, President Bola Tinubu took a moment to resonate with Nigerians on the challenges they face. He highlighted his administration’s dedication to driving …