Latest Economy News
Naira Rises as CBN Supplies $245 Million
The naira closed the official foreign exchange (FX) market on a positive…
Nigeria Launches Historic $500m Domestic Bond to Boost Economy
The Federal Government of Nigeria has made history by launching a $500…
Nigeria Sees First Inflation Rate Drop in Seven Months, Down to 33.40% in July
Nigeria's headline inflation rate has decreased to 33.40% in July 2024, marking…
Ex-CBN Governor Sanusi Says Economic Recovery Will Take Time
In a recent address at the 2024 Rivers State Economic and Investment…
CBN Hikes Interest Rate to 26.25% for the third Time in 2024
The Central Bank of Nigeria (CBN) has increased the monetary policy rate…
Emefiele Now Worst CBN Governor in History – Moghalu
The former deputy governor of the Central Bank of Nigeria, Kingsley Moghalu,…
CBN to Freeze Accounts Without BVN, NIN From April 2024
The Central Bank of Nigeria (CBN) has announced a stringent measure to…
Internally Generated Revenue of 36 States and the FCT [FULL LIST]]
The National Bureau of Statistics, on Monday, said a total of N1.93…