Economy

Latest Economy News

Nigeria’s Export Potential Hindered by Quality, Packaging, CBN Says

The Central Bank of Nigeria (CBN) has pinpointed critical shortcomings in product…

Genesis Obong

Food Inflation in Nigeria: States Grapple with Soaring Prices

Food inflation, a critical component of the overall cost of living, reached…

Genesis Obong

Nigeria’s Headline Inflation Surges, Hits 24% in March

Nigeria's headline inflation rate climbed to 24.23% in March 2025, marking a…

Genesis Obong

NGX Weekly Summary: Investors Trade ₦52.97 Billion as ASI Drops 0.90% – April 11, 2025

The Nigerian Exchange (NGX) recorded a significant increase in trading activity for…

Muhammad A. Aliyu

Nigeria Achieves $6.83 Billion Balance of Payments Surplus

The Central Bank of Nigeria (CBN) has announced a substantial economic recovery…

Oluwadara Akingbohungbe

Nigeria’s Personal Remittances Surge to $20.93 Billion in 2024, CBN Reports

The Central Bank of Nigeria (CBN) has announced that personal remittances into…

Genesis Obong

EU and Nigeria Partner to Revolutionize Fashion Industry with Circular Economy

The European Union, in partnership with the Federal Government of Nigeria, is…

Oluwadara Akingbohungbe

Naira Weakens Further to N1,629/$ in Official Market; Parallel Rate Hits N1,570/$

The Nigerian Naira experienced a further decline in value on Monday within…

Oluwadara Akingbohungbe