Economy

Latest Economy News

Naira Rises as CBN Supplies $245 Million

The naira closed the official foreign exchange (FX) market on a positive…

Oluwadara Akingbohungbe

Nigeria Launches Historic $500m Domestic Bond to Boost Economy

The Federal Government of Nigeria has made history by launching a $500…

Adamu Abubakar

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…

Adamu Abubakar

Ex-CBN Governor Sanusi Says Economic Recovery Will Take Time

In a recent address at the 2024 Rivers State Economic and Investment…

Adamu Abubakar

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…

Adamu Abubakar

Emefiele Now Worst CBN Governor in History – Moghalu

The former deputy governor of the Central Bank of Nigeria, Kingsley Moghalu,…

Adamu Abubakar

CBN to Freeze Accounts Without BVN, NIN From April 2024

The Central Bank of Nigeria (CBN) has announced a stringent measure to…

Adamu Abubakar

Internally Generated Revenue of 36 States and the FCT [FULL LIST]]

The National Bureau of Statistics, on Monday, said a total of N1.93…

Adamu Abubakar