The National Bureau of Statistics (NBS) has initiated the process to rebase the country’s Gross Domestic Product (GDP) and Consumer Price Index (CPI). This rebasing exercise...
The Manufacturers Association of Nigeria (MAN) has highlighted the significant challenges faced by the manufacturing sector in the first quarter of 2024. The report, presented by...
Contrary to widespread assumptions, Nigeria has emerged with a surprising accolade in the realm of fiscal management as the International Monetary Fund (IMF) listed the country...
The Federal Government of Nigeria has given its nod to a $750 million funding initiative from the World Bank. This substantial investment is earmarked for the...
In the vast landscape of Nigeria’s political arena, storms are not uncommon, but the latest tempest brewing over the approval of a $13 billion highway project...
The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) by 150 basis points from 24.75% to 26.25% following a two-day meeting of...
As the Nigerian naira experiences a sharp depreciation against major currencies, financial analysts are predicting that the Monetary Policy Committee (MPC) will opt for another interest...
President Bola Tinubu has given the green light for a comprehensive N3.3 trillion rescue package. This ambitious initiative seeks to tackle the country’s mounting power sector...
Nigeria is grappling with soaring inflation as data from the statistics agency revealed that the country’s headline inflation surged to a new 28-year high in April....
The Federal Government through the Ministry of Power has acknowledged the organised Labour request for a reduction in electric tariff. The Nigeria Labour Congress (NLC) and...