Latest Economy News
CBN Raises Interest Rate to 27.25 Percent
The Central Bank of Nigeria's Monetary Policy Committee has raised the benchmark…
CBN Withdraws Controversial Policy Document
The Central Bank of Nigeria (CBN) has temporarily withdrawn its Monetary, Credit,…
FAAC Disburses N1.2 Trillion Revenue for August 2024 to Federal, State, and Local Governments
The Federal Accounts Allocation Committee (FAAC) has announced the disbursement of N1.2…
BREAKING: CBN Orders Payment Providers to Start Tracking PoS Transaction
The Central Bank of Nigeria has ordered all Payment Service Providers to…
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…
