Economy

Latest Economy News

Nigerian Insurance Sector Shows Resilience, Assets Surge 5.1% in Q3 2024

The Nigerian insurance sector demonstrated remarkable resilience in the face of macroeconomic…

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NESG Predicts Inflation Decline, Naira to Stabilise at N1,300/$ in 2025

The Nigerian Economic Summit Group (NESG) Economic Outlook 2025 has offered a…

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Nigeria Faces Foreign Investment Drought Amidst Negative Real Interest Rates

Negative real interest rates, a situation where inflation outpaces interest rates, effectively…

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Nigeria Unlikely to Seek IMF Loan, Finance Minister Assures

Nigerian Finance Minister Wale Edun has made it clear that he will…

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Nigeria’s Foreign Reserves Plummet by $832 Million in January

Nigeria's foreign exchange reserves have taken a significant hit, plummeting by a…

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Nigeria’s 4G Surge: A Digital Divide Remains

Nigeria has witnessed a remarkable surge in 4G mobile internet coverage in…

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Nigerian Senate Suspends Auditor-General’s 2025 Budget Defence Over Fiscal Irregularities

In an unprecedented move that underscores the Nigerian Senate's commitment to fiscal…

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2025 Economic Outlook: Nigeria Economy Poised for 4.17% Growth in 2025, CBN Predicts

The Nigerian economy is on track for a robust 4.17% growth in…

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