Economy

Latest Economy News

Black Market Exchange Rate: Dollar to Naira – Today – 12th May 2025

The foreign exchange landscape in Nigeria remains a closely watched economic indicator,…

Muhammad A. Aliyu

Suspected CBEX Promoter Surrenders to EFCC Amid $1 Billion Fraud Probe

Adefowora Abiodun Olanipekun, one of the promoters of the cryptocurrency trading platform…

Oluwadara Akingbohungbe

EFCC Condemns Motivational Speaker’s $18,000 Mentorship Fee Amid Public Outcry

The Economic and Financial Crimes Commission (EFCC) has strongly criticized a motivational…

Oluwadara Akingbohungbe

Dangote Joins World Bank’s Elite Investment Lab to Boost Emerging Economies

Aliko Dangote, President and CEO of the Dangote Group, has accepted an…

Oluwadara Akingbohungbe

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